calculators
Member Education
forms and publications
news
about etf
frequently asked questions
contact etf
site map
related links
home
top of page
home
members retirees employers governing boards careers at etf
 
News

Department of Employee Trust Funds

September 1, 2015

Updated information can be found in the September 2015 issue of WRS News Online.


June 25, 2015

WRS Required Contributions to Decrease in 2016

Contribution rates for most Wisconsin Retirement System employers and employees will decrease for 2016. The following rate changes were recommended by the WRS consulting actuary in its annual valuation of the system and approved by the Employee Trust Funds Board today:

Employee Category

Total Rate
2015

Total
Rate
2016

Employee
Contribution
for 2016

Employer
Contribution
for 2016

General/Teacher

 13.6%

13.2%

6.6%

6.6%

Elected Official/
Executive/Judge

15.4%

15.6%

7.8%

7.8%

Protective with Social Security

16.3%

16.0%

6.6%

9.4%

Protective without Social Security

19.9%

19.8%

6.6%

13.2%

Why are contribution rates decreasing?
While many complex factors affect WRS contribution rates, the decrease is primarily due to trust fund investment gains experienced over the past five years (2010-2014).

Contribution rate changes, whether increases or decreases, are considered normal for retirement systems that have defined benefits. The rates, effective January 1, 2016, are expressed as a percentage of pay and are shown below.

Note: Contribution rates may be different for employees who have collective bargaining agreements. Other mandatory employer contributions for duty disability, the state's Accumulated Sick Leave Conversion Credit Program, or unfunded liabilities are not included and vary by employer.

For additional information:
ETF Webinar: WRS Employer and Employee Contribution Rates
Sessions set for July 9, 16, 21 and 29. Register for an ETF webinar.

How are WRS Contribution Rates Determined?
(WRS News, January 2012)

WRS investment returns, effective rates and annuity adjustments 1986-present.

supporting excellence in Wisconsin public service