Update on the Wisconsin Retirement System (WRS) Statement of Benefits and Annual UW Staff Benefit Statement
August 23, 2012
During April or May each year, employees typically receive the Wisconsin Retirement System (WRS) Statement of Benefits and/or UW Staff Benefit Statement. There are changes this year in the distribution of both statements.
The annual WRS Statement of Benefits provides you with your WRS account balance and activity for the prior year, as well as projected benefits. The distribution of the statements has been delayed due to technology/information system changes at the Department of Employee Trust Funds (ETF) necessary for the implementation of recent legislation. Once the statement is released, it will be available in the UW Portal (under Benefit Information - Statements). It is anticipated that the statement will be available later this year.
The UW Staff Benefit Statement provided a snapshot of your benefits (benefit plan enrollment, coverage level and premium) and projected annual benefit costs. The last statement was produced in April 2011 and that statement is available in the My UW Portal under Benefit Information - Statements.
The UW Staff Benefit statement will no longer be produced because current benefit information is available in the UW Portal at the bottom of the Benefit Information Tab (click on View Benefits Summary Detail). Your benefit enrollment and premium information (both current and year-to-date) is also available on your earnings statement.
Source: UW System Administration
Categories: WI Retirement System (WRS), Retirement