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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.
The legislation primarily affects the following areas: collective bargaining, compensation, retirement, health insurance, and sick leave of public sector employees. In response, unions and other groups organized protests inside and around the state capitol.
CSRS provided retirement, disability and survivor benefits for most civilian employees in the federal government, until the creation of a new federal agency, the Federal Employees Retirement System (FERS), in 1987.
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MILWAUKEE, WI — Children born or adopted in Wisconsin could get a retirement account from the state under a bipartisan proposal made Wednesday.
MADISON — The state’s auditor gives Wisconsin’s pension system two thumbs up, as the Wisconsin Retirement System lauds the pension plan as “one of the best-funded public employee ...
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...
The One Hundred Sixth Wisconsin Legislature is the current ongoing legislative term in Wisconsin. It was convened on January 3, 2023, in regular session, and is scheduled to conclude on January 6, 2025, though it adjourned for legislative activity on March 12, 2024.
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.
Utah Retirement Systems administers pension plans and retirement savings plans for public employees in the U.S. state of Utah. There are eight separate defined-benefit pension plans administered by URS, as well as various retirement savings plans.