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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.
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 2011 Wisconsin Act 10, also known as the Wisconsin Budget Repair Bill, is legislation proposed by Republican Governor Scott Walker and passed by the Wisconsin Legislature to address a projected $3.6 billion budget deficit.
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.
Milwaukee’s three pension systems, are not as healthy as the Wisconsin Retirement System, but they’re in relatively good shape at 87 percent funded on average.
The State of Wisconsin Investment Board manages the assets of the Wisconsin Retirement System, the State Investment Fund, and other funds. The investment in cryptocurrency represents only a...
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’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.
A retirement plan is a financial arrangement designed to replace employment income upon retirement. These plans may be set up by employers, insurance companies, trade unions , the government , or other institutions.
Jacqualyn James. (NBC News) While her $25,000 yearly pension has indeed lasted, because of a fluke in Pennsylvania law, it is now worth half of what it was when she retired. That’s because James ...
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