UW-Madison Retirement
[Pages:29]UW-Madison Retirement:
Wisconsin Retirement System (WRS) & Supplemental Plans
UW-Madison Benefits Services
benefits@ohr.wisc.edu benefits.wisc.edu 21 N. Park Street, Suite 5101
walk-ins welcome 9am - 3pm, Monday - Friday
Benefits education offered monthly
talent.wisc.edu
? Pre-Retirement ? TSA Basics ? WI Deferred Compensation
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Tonight's Topics
1. Wisconsin Retirement System (WRS) pension 2. Supplemental retirement plans at UW-Madison
? Tax Sheltered Annuity (TSA) 403b ? Wisconsin Deferred Compensation (WDC) 457b 3. Health insurance and sick leave in retirement
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Wisconsin Retirement System (WRS)
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Wisconsin Retirement System (WRS)
What is the WRS? Administered by: Employee Trust Funds (ETF)
? etf. ? (608) 266-3285
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Wisconsin Retirement System (WRS)
What is the WRS?
Separation
Retirement
Disability
Death
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Wisconsin Retirement System (WRS)
What is the WRS?
Employee %
Employer match
WRS
? State employees who meet eligibility must participate per Wis. Stat.?40.22
? Pretax payroll deduction based on employee's gross State earnings
? 2018 employee % = 6.7 ? Employer match
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Wisconsin Retirement System (WRS)
? Invested by:
? swib.state.wi.us ? (608) 266-2381
? Employees may make additional after-tax contributions into WRS via personal check or payroll deduction
? Certain maximums apply ? Learn more: etf. > search: ET-2123
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