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  2. State of Wisconsin Investment Board - Wikipedia

    en.wikipedia.org/wiki/State_of_Wisconsin...

    Edwin Denson [2] Website. www .swib .state .wi .us. The State of Wisconsin Investment Board (SWIB), created in 1951, is an independent state agency responsible for managing the assets of the Wisconsin Retirement System, the State Investment Fund (SIF), and other state trust funds. As of December 31, 2023, SWIB managed over $156 billion in assets.

  3. Wisconsin Retirement System - AOL

    www.aol.com/news/wisconsin-retirement-system...

    Wisconsin boasts one of the least complicated retirement systems in the country, as essentially all state and local employees fall under the umbrella of the Wisconsin Retirement System (WRS). It ...

  4. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Local plans are 78.2% funded in 2022, compared to 77.8% for statewide plans. However, the historical funding trends of municipally-managed plans are similar, if not identical to statewide plans. Locally-managed public pension plans account for approximately 12% of all unfunded liabilities of non-federal retirement systems. Benefits

  5. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    Types of retirement plans. Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.

  6. Most people expect to retire in their early 60s. Is that ...

    www.aol.com/finance/most-people-expect-retire...

    There’s been a big shift in how people think about their later years: New data from the Federal Reserve Bank of New York shows that most Americans don’t expect to work beyond their early 60s ...

  7. Wisconsin retiree health care severely underfunded - Patch

    patch.com/wisconsin/across-wi/wisconsin-retiree...

    Wisconsin’s OPEB plans are only 22.4 percent funded. Wisconsin, like many others, treats OPEB on a pay-as-you-go basis, whereby benefits are paid when retirees receive the health care.

  8. I’m a Financial Advisor: How To Financially Plan for ... - AOL

    www.aol.com/m-financial-advisor-financially-plan...

    Pre-retirement is the first stage of retirement planning, and it starts during the early phases of your career. “The mantra here is to make saving a sound, financial habit. ‘Save early; save ...

  9. 457 plan - Wikipedia

    en.wikipedia.org/wiki/457_plan

    457 plan. The 457 plan is a type of nonqualified, [1] [2] tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre tax or after-tax (Roth) basis.

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