Wisconsin Retirement System (WRS)

The Wisconsin Retirement System (WRS) is a public pension plan available to state employees and certain local government workers. The WRS offers both a defined benefit plan (pension) and a defined contribution plan, depending on your position. Key Features: Defined Benefit Plan: Employees in the WRS who qualify for a pension are guaranteed a fixed monthly payment based on their years of service and salary history. The pension is adjusted annually for inflation, ensuring that retirees’ purchasing power is maintained. Defined Contribution Plan: Similar to a 401(k), employees can make contributions into a personal account and have it grow based on investments. The WRS is one of the most comprehensive pension systems in the country, offering stability to Wisconsin state employees upon retirement.

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The Wisconsin Retirement System (WRS) is a public pension plan available to state employees and certain local government workers. The WRS offers both ...

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