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Any delay may impact benefits. Stat. 40. 08 1m. 11. This Order is intended to be a Qualified Domestic Relations Order as defined by Wis. Stat. 40. 02 48m. It supersedes any previous order to divide the Participant s Wisconsin Retirement System benefits issued in connection with the termination of this marriage or domestic partnership including the Judge s Signature Required Signature of the Circuit Court Judge or Circuit Court Commissioner Title Also print or type name if not eSigned Date It is ...

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What type of plan is the Wisconsin retirement System?

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.

Can you borrow from Wisconsin retirement System?

Wisconsin Retirement System members often ask if they can borrow money from their accounts or take out a loan. No, it is not possible to borrow from your account; the only way to receive your funds before reaching minimum retirement age is to take a separation benefit.

What is Wisconsin Retirement System?

The Wisconsin Retirement System was created to protect public employees and their beneficiaries against the financial hardships of old age and disability, to attract and retain a qualified public workforce, establish modest benefits and achieve administrative savings.

Can I withdraw money from QDRO?

A QDRO allows the withdraw of money from the qualified retirement account penalty-free. This is a one time-opportunity for the alternate payee spouse only. Generally, the owner of a qualified retirement account must wait until the age 59½ to receive distributions.

How long does it take to receive funds from a QDRO?

The time it takes to receive funds from a QDRO (qualified domestic relations order) can vary widely based on several factors. You can typically expect the entire process to take between six and eight months, but it can be as fast as two months or take as long as two years or more.

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