Etf.wi.govsitesdefaultWisconsin Department Employee Identification ... - etf.wi.gov 2025

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For employees that were WRS eligible prior to 7/1/11 contributions made by the employer are fully vested at the age of 55. For employees hired on or after 7/1/11, contributions made by the employer are fully vested at the age of 55 and after five years of creditable WRS service has been obtained.
Modest Benefits The median annual retirement benefit is $25,500. Investment income accounts for approximately 78% of the WRS revenues over the past 10 years.
With some $140 billion in assets as of October 2024, the WRS ranks among the 10 largest U.S. public pension funds and the best-managed pension plans with the highest funding levels and lowest unfunded liabilities. Approximately 692,000 individuals participate in the WRS. The WRS is a hybrid defined benefit plan.
As of Mar 14, 2025, the average annual pay for a Retirement in Wisconsin is $63,266 a year. Just in case you need a simple salary calculator, that works out to be approximately $30.42 an hour. This is the equivalent of $1,216/week or $5,272/month.
Sign Up For Free AgeAverage Benefit, AllAverage Benefit, Men 62 $1,342 $1,486 65 $1,611 $1,785 67 $1,930 $2,143 70 $2,148 $2,3904 more rows 5 days ago
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Consult this manual as an initial resource for WRS-related questions or concerns. For more information contact the Employer Communication Center at 1-877-533-5020, or email ETFSMBEmployerWRS@etf.wi.gov.
The WRS Retirement Benefit is a pension plan that is intended to provide you with a lifetime retirement payment. It offers a retirement benefit based on a defined contribution plan or a defined benefit plan.