The WRS Works for Wisconsin
State retirement system named ‘Best in Nation’
Wisconsin can be proud that the WRS is one of the best managed and funded systems in the nation. Because retirement security is critical to attracting and keeping highly qualified professionals in our schools, WEAC keeps a close watch and mobilizes members around the state to help keep the WRS strong.
Your Voice on the Wisconsin Coalition for Retirement Security
WEAC is a member of the Wisconsin Coalition for Retirement Security – a group of dedicated Wisconsin organizations working together to keep the WRS stable and responsible. Through the coalition, we keep tabs on issues and legislation that may impact the state retirement system.
What’s New in Wisconsin?
Despite its stellar performance, over the years there have been attempts to move the WRS to a defined contribution system. The idea has always been squelched, because it can drive taxes higher while reducing retirees’ pensions — and local buying power.
Recent articles about the WRS:
- Private retirement system modeled after WRS would help Wisconsin citizens build secure futures, Kippers testifies
- WEAC works in coalition to push back on WRS committee changes
- Milwaukee Public Schools takeover plan weakens WRS, causes unfunded retirement liabilities
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