Benefits

2014 WRS Benefit Presentations

2014 Wisconsin Retirement System (WRS) Benefit Presentations

Each spring and fall, the Department of Employee Trust Funds (ETF) hosts free presentations for employees throughout the state on WRS and other benefit programs.  ETF offers two different benefit presentations: one for those within five years of retirement and one for new and mid-career employees.

New & Mid-Career Employees

These one-hour evening presentations are designed for WRS members who are more than five years from retirement.  ETF provides accurate information about WRS benefits early in a member’s career so that they can make sound, strategic decisions over the course of their careers.  Topics covered at each presentation include vesting requirements, various ways to enhance a WRS retirement benefit, purchasing service, military service credit, the Core and Variable Trust Funds, contribution rates, the importance of a beneficiary form and how to complete one, as well as how “life event” changes affect retirement benefits.

Presentations in our area:

  • Green Bay
    • Monday, April 14, 2014
    • 6:30 p.m. – 7:30 p.m.
    •  Northeast Wisconsin Technical College – Lecture Hall (SC132)

Tentative Fall 2014 WRS Presentations set for: Appleton, Marinette, and Wausau.  We will send out more information when details become available.

WRS Members Nearing Retirement

These two-hour evening presentations are designed for WRS members who are within five years of retirement.  Attendees will receive the information they need to make important decisions at retirement.  Topics covered at each presentation include WRS annuity options, return-to-work rules, post-retirement annuity adjustments, the Core and Variable Trust Funds, the importance of keeping a beneficiary form up to date, purchasing service before retirement, the difference between a joint survivor and a beneficiary, as well as how “life event” changes affect WRS retirement benefits.

Presentations in our area:

  • Appleton
    • Thursday, March 6, 2014
    • 6:30 p.m. – 8:30 p.m.
    • Fox Valley Technical College – Cafeteria/Commons
  • Marinette
    • Monday, March 3, 2014
    • 6:30 p.m. – 8:30 p.m.
    • Marinette High School – W.J. Jones Auditorium

Tentative Fall 2014 WRS Presentations set for: Green Bay.  We will send out more information when details become available.

For full details on ETF’s presentations, including locations of other presentations not in the Green Bay area, please see the ETF Employer Bulletin or visit ETF’s website: http://etf.wi.gov/.

Fidelity Investments Individual Counseling Sessions

Fidelity Investments is offering individual counseling sessions where you can confidentially discuss your financial situation with a Fidelity representative.  These sessions will give you the opportunity to:

Explore your plan benefits in more depth

  • Consolidate retirement account into the UW 403(b) retirement plan
  • Explore distribution options for pre-retirees
  • Tap into Fidelity’s experience and expertise
  • Make decisions that help you meet your goals

David Eichler, Fidelity Planning & Guidance Consultant will be coming to campus on:

Tuesday, February 18, 2014
8:00 a.m. to 5:00 p.m.
University Union, Heritage Room

To schedule a confidential consultation with your Fidelity Investments representative, David Eichler, call 1-800-642-7131 or go to www.fidelity.com/atwork/reservations.

Wisconsin Deferred Compensation Individual Sessions

Scott Schewe, representative from WDC, will be available to meet individually with employees regarding their current WDC enrollment and for those interested in learning more about the program and planning for retirement by investing before tax dollars.     Please see the attachments for more information about WDC’s Program highlights and new options.

When:   Monday; December 9, 2013; 8:00 am to 4:00 pm
Where:   University Union Building, Heritage Room #232

 You can schedule an individual session with Scott Schewe by emailing him at scott.schewe@greatwest.com .

Healthy Holiday Choices Potluck

What: Healthy Holiday Choices Potluck
When: Tuesday, December 3, 2013
12 – 1 p.m.
Where: University Union, Phoenix C
DID YOU KNOW?
The average American holiday dinner is loaded with 3000 calories and 229g of fat. By swapping more traditional foods for healthier ones, you can drop this consumption significantly while also getting more vital nutrients out of your meal. Join your co-workers and share a healthy version of your holiday favorites! Visit the websites below to gather some ideas on what to bring and how to shift your holiday menu to cut down on unnecessary calories! Please feel free to sign up for a menu item and/or send us a copy of your recipe so we can share with all who attend.

http://www.cookinglight.com/entertaining/holidays-occasions/ultimate-holiday-cookbook-recipes-00400000030287/
http://www.eatingwell.com/recipes_menus/collections/holiday_collection_1
http://www.foodnetwork.com/holiday-central-healthy-tips/package/index.html

** Silverware, plates, napkins, cups and water will be provided.

Tips and Tricks for Healthy Eating this Holiday Season

  1. Eat a snack before dinner. Enjoy some fruits and vegetables before getting to your meal to avoid overeating.
  2. Exercise early and keep moving! Working out early ensures that you will get some time for yourself and work off some calories before loading up!
  3. Manage beverage consumption- holiday beverages are laden with calories- be conscious of the non-food calories you are consuming.

 

Visit the Wellness Committee website for information on other wellness topics, newsletters, and upcoming events!

Fidelity Investments Individual Counseling Sessions

Fidelity Investments is offering individual counseling sessions where you can confidentially discuss your financial situation with a Fidelity representative.  During consultations, participants can review their current retirement plan and investment strategy, as well as discuss ways in which Fidelity can help along the road to retirement.

David Eichler, Fidelity Planning & Guidance Consultant will be coming to campus on:

Monday, December 16th, 2013
8:30 a.m. to 4:30 p.m.
University Union, Manistique Room, #101C

To schedule a confidential consultation with your Fidelity Investments representative, David Eichler, call 1-800-642-7131 or go to www.fidelity.com/atwork/reservations.

TIAA-CREF Individual Counseling Sessions

TIAA-CREF is offering individual and confidential counseling sessions on November 25th and 26th where you can discuss your financial situation with a TIAA-CREF consultant.  They will be available to help you achieve your financial goals by investing in financial solutions.  

Please click on the above link to see the attached flyer for more information about TIAA-CREF sessions at UWGB.   To schedule a consultation with representative Chad Stein, call 1-866-843-5640  Monday through Friday, 9:00am to 8:00pm (EST), or register at www.tiaa-cref.org/letstalk1.

Wisconsin Deferred Compensation Individual Sessions

Scott Schewe, representative from WDC, will be available to meet individually with employees regarding their current WDC enrollment and for those interested in learning more about the program and planning for retirement by investing before tax dollars. Please see the links for more information about WDC’s Program highlights and new options.

When: Monday; December 9, 2013; 8:00 am to 4:00 pm<a
Where: University Union Building, Heritage Room #232

You can schedule an individual session with Scott Schewe by emailing him at scott.schewe@greatwest.com.

Reminder: Open Enrollment Period

A reminder to all benefits eligible employees:

The Annual Benefits Open Enrollment period ends on Friday, November 1, 2013.  Any changes/new enrollments for 2014 must be submitted by 4:30 p.m. on Friday, November 1, 2013.  Please see the attached document regarding information on the 2014 Open Enrollment details and insurance/WRS increases.

 

Benefits Open Lab Session are being held on the following dates:


Date: 
Monday, Oct. 21st
Time:  3:00 p.m. – 4:00 p.m.
Location:  IS 1004

Date:  Wednesday, Oct. 23rd
Time:  9:00 a.m. – 10:00 a.m.
Location:  IS 1004

Date:  Tuesday, Oct. 29th
Time:  1:00 p.m. – 2:00 p.m.
Location:  IS 1004

Date:  Wednesday, Oct. 30th
Time:  10:00 a.m. – 11:00 a.m.
Location:  IS 1004

Date:  Friday, Nov. 1st
Time:  9:00 a.m. – 10:00 a.m.
Location:  IS 1004

Stop by one of the Benefits Open Lab Session to ask benefits questions, learn more about 2014 benefit changes, or to receive assistance with the E-Benefits enrollment program.

ERA Special Election Period for Employees with Same-Sex Spouses

2013 ERA Special Election Period for Employees with Same-Sex Spouses – October 14 – November 13, 2013
This email applies only to employees with a same-sex spouse.
Due to recent tax law changes, if you have a legally recognized same-sex spouse, you may now claim medical and dependent care expenses for your spouse and spouse’s children through the Employee Reimbursement Account (ERA) program. This applies to 2013 ERA contributions to the Health Care and the Dependent Day Care Flexible Spending Account (FSA) programs.

You may enroll in the ERA program or increase your election for 2013 by submitting a Change in Status form directly to WageWorks by November 13, 2013. We recommend that you submit the form as soon as possible to allow for processing before the end of the calendar year.

If you are already enrolled in the ERA program for 2013, and you do not plan to increase your election, you may still submit claims incurred by your spouse or spouse’s children for the entire 2013 plan year (January 1, 2013 – March 15, 2014).
Forms must be submitted to WageWorks via fax at 1-866-672-4780 or U.S. Mail to: PO BOX 1840, Tallahassee, Fl 32302-1840.

Please note that if you want to enroll in the ERA program for 2014, you must enroll online or via paper application by November 1, 2013. See the Annual Benefit Enrollment (ABE) website for more information: www.uwsa.edu/abe/era

Open Enrollment and 2014 Health Insurance and WRS Contribution Increases

For information regarding 2014 benefit changes and enrollment opportunities, please log into your My UW System Portal and click on the Read More>>> link under the Annual Benefit Enrollment Period section.

Once you have reviewed the 2014 information, if you would like to make any changes to your benefits (beginning Monday, October 7th - Friday, November 1st), scroll down to the Benefits Information section and click on the Open Enrollment link to begin making changes and/or enrolling in plans.  An E-Benefits Quick Guide is available to walk you through the process of using the Open Enrollment link.

2014 Health Insurance Premiums-

Plan Name Employee Premium Employer Premium
Anthem Blue Preferred-Northeast Network Single-$88.00
Family-$219.00
Single-$616.90
Family-$1,536.70
Arise Health Plan Single-$88.00
Family-$219.00
Single-$646.20
Family-$1,609.90
Dean Health Insurance-Prevea360 Single- $88.00
Family- $219.00
Single- $680.30
Family- $1695.20
Humana-Eastern Single-$88.00
Family-$219.00
Single-$691.50
Family-$1,723.20
Network Health Plan Single-$88.00
Family-$219.00
Single-$647.70
Family-$1,613.70
UnitedHealthCare of WI Single-$88.00
Family-$219.00
Single-$651.70
Family-$1,623.70
WEA Trust PPO-East Single-$88.00
Family-$219.00
Single-$673.20
Family-$1,677.40
Standard Plan Single- $239.00
Family-$596.00
Single-$1,007.70
Family-$2,517.00

In addition to Health Insurance premiums changes, please note that the Wisconsin Retirement System employee and employer contributions effective January 1, 2014 are as follows:

2014 WRS Contributions-

Employee Category 2014 Employee Contribution 2014 Employer Contribution 2013 Employee Contribution 2013 Employer Contribution
General/Teacher 7.00% 7.00% 6.65% 6.65%
Executive 7.75% 7.75% 7.00% 7.00%
Sworn Police Officer 7.00% 10.10% 6.65% 9.75%
  • Additional information regarding WRS Contributions is available on the portal under the HR, Payroll & Benefits News, posted on Aug. 27th

If you have any questions regarding Open Enrollment, please stop by one of the Benefits Open Lab Sessions or contact:

Kimberly Danielson
Classified & Unclassified CPS Benefits Specialist
Phone: 920-465-2196
E-mail: danielsk@uwgb.edu

Sue Miller
Unclassified Benefits Specialist
Phone: 920-465-2816
E-mail: millers@uwgb.edu