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Employee Trust Funds offers webinars

The Department of Employee Trust Funds (ETF) is offering a series of live, interactive webinars designed to increase understanding of Wisconsin Retirement System (WRS) benefits. Individuals can ask questions at the end of each session.

Visit the ETF webinar page to register and learn more about the following April and May sessions:

  • Beneficiary Designations – What Happens to My Account When I Die?

This webinar reviews the importance of having a beneficiary designation on file and keeping it updated as life events occur. There will also be a review on how to correctly complete a designation form, what it means if one is not on file with ETF and how to request a copy of the current form. 

  • How to Use ETF’s Online Calculator to Estimate a Retirement Benefit

The webinar covers ETF’s online retirement calculator. It allows users to calculate an unofficial projection of their WRS retirement benefit at any point in the future. Participants will learn where to find and how to use the calculator, specific information required and how to interpret results.

  • Preparing for Your Retirement

Employees will learn about the steps to retire with the WRS. The event can be attended in person or by live webinar. Employees will learn about the impact of contributions and investment returns on their account, when they can retire, WRS annuity options, returning to work after retiring, what happens to their account after death, health and life insurance and more. Questions are welcome during and after this event.

  • Understanding Your Annual WRS Statement of Benefits

This session discusses key things employees can learn about their WRS benefits by reading and understanding their WRS annual Statement of Benefits. Some topics being reviewed are:

  • How much employee and employer have contributed to the WRS pension
  • Employee vesting status and years of service
  • Employee beneficiary designation – what happens to an account if the employee dies before taking a benefit
  • Employees should have their statement in hand while attending this webinar.

  • WRS Annuity Adjustments and Effective Rates

This session reveals the process of how account effective rates and annuity adjustments are calculated, starting with the investment return reported by the State of Wisconsin Investment Board. Also covered are explanations of both the Core and Variable Trust Funds and the calculations specific to each fund for effective rates and annual adjustments.

Published April 10, 2019.