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Walters: Wisconsin, unlike many other states, has 100% funded pension system


Bad news: The Social Security Trust Fund is on track to be wiped out by 2034.
More bad news: Unfunded state government pension liabilities in neighboring Illinois totaled $317 billion in mid-2020—the worst in the nation when measured against a state’s gross domestic product, according to Moody Investors Service.
Great news: Wisconsin’s public pension system, administered by the Department of Employee Trust Funds (ETF) with assets managed by the State of Wisconsin Investment Board (SWIB), is one of the best-funded pension systems in the nation.
A National Association of Retirement Administrators survey ranked Wisconsin’s ETF and the retirement systems of South Dakota and Tennessee at or above 100% funded. ....

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Save for College with an Edvest Account


Department News
Save for College with an Edvest Account
May 24, 2021
In support of 529 College Savings Plan Day in Wisconsin and overall financial wellness, the Department of Employee Trust Funds encourages Wisconsin government employees and their families to explore the benefits of having an Edvest College Savings Plan account.
Don’t miss out on this limited-time, special offer: Get $50 for opening a new Edvest account between now and May 31, 2021. Use promo code: Edvest529Day. You must make a $50 contribution and sign up for recurring contributions of $25 for six months or more. For more details, see flyer.
Edvest, one of Wisconsin’s 529 plans, offers tax-deductible savings and fees that are among the lowest in the country. With automatic payroll deduction, you can get a hassle-free opportunity to save for your children’s or grandchildren’s higher education costs. To learn more about the benefits of saving for colleg ....

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The State of Politics: Wisconsin Public Pension System is 100% Funded


Wisconsin Public Pension System is 100% Funded
The fund, managed by the Department of Employee Trust Funds, is ranked among the best in the nation.
By
Steven Walters - May 24th, 2021 03:42 pm
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Wisconsin State Capitol. Photo by Mariiana Tzotcheva.
Bad news: The Social Security Trust Fund is on track to be wiped out by 2034.
More bad news: Unfunded state government pension liabilities in neighboring Illinois totaled $317 billion in mid-2020 – the worst in the nation when measured against a state’s gross domestic product, according to Moody Investors Service.
Great news: Wisconsin’s public pension system, administered by the Department of Employee Trust Funds (ETF) with assets managed by the State of Wisconsin Investment Board (SWIB), is one of the best-funded pension systems in the nation. ....

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COVID-19 Questions, Well Wisconsin Radio, Prepared for Summer


It s Your Choice: Health and Wellness News
COVID-19 Questions, Well Wisconsin Radio, Prepared for Summer
May 20, 2021
Your COVID-19 Questions Answered
The Department of Employee Trust Funds is working with state health officials and State of Wisconsin Group Health Insurance Program partners to ensure you receive the care you and your family needs during the COVID-19 pandemic. Learn more about vaccine coverage, testing, treatment, medications and more at https://etf.wi.gov/health/your-health-benefits-and-covid-19.
Plus, Dr. James Conway from UW Health and WebMD joined forces to help you get answers to your vaccine questions. Listen in to this special edition, Well Wisconsin Radio interview anytime. Access it at https://www.gotostage.com/channel/wellwisconsinradio. ....

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