Category: Fiscal Wellness

Below are resources related to the Budget Repair Bill: * Office of State Employment Relations (OSER) Budget Repair Bill Questions & Answers: http://oser.state.wi.us/docview.asp?docid=7209 * UW-System Budget Repair Bill FAQs (pertaining to benefits): http://www.uwsa.edu/hr/benefits/repairbillfaq.pdf * UW-System Budget Repair Bill website: http://www.uwsa.edu/hr/benefits/budgetbill.htm * Estimator that employees can use to determine the increase to their Wisconsin Retirement System (WRS) contributions and health insurance…

NOTICE TO EMPLOYEES PARTICIPATING IN THE WISCONSIN RETIREMENT SYSTEM Please see the following release from the Department of Employee Trust Funds regarding the interest rates applied to the WRS accounts for active members and eligible inactive members:   http://www.etf.wi.gov/news/ht_20110211.htm Please e-mail benefits@uwgb.edu or call 465-2390 if you have any questions.

Please click on the following link to view the new TSA Investor newsletter: http://www.wisconsin.edu/hr/benefits/retsav/tsaspring11.pdf.  This newsletter is being made available earlier than usual to announce an increase in the TSA fee. In this newsletter, you will find articles regarding the following topics: * TSA fee increase * TSA program services the University provides * New…

The Department of Employee Trust Funds (ETF) and the State of Wisconsin Investment Board (SWIB) have joined together to create a new joint publication, WRS News.  WRS News replaces ETF’s former publication, Trust Fund News and SWIB’s former publication, The SWIB Report. The first issue of WRS News, January, 2011, is available for you at…

NOTICE TO EMPLOYEES REGARDING INFORMATIONAL WEBINAR T. Rowe Price, one of the investment companies participating in the UW System TSA 403(b) program, is sponsoring the webinar “Retirement Investing From Beginning to End” on February 7 and 8, 2011.   You can watch the presentation on your own computer.   Listen to the audio portion on your telephone. …

NOTICE TO ALL EMPLOYEES PARTICIPATING IN THE WISCONSIN RETIREMENT SYSTEM Please see the attached press release regarding the 2010 WRS returns:  http://www.swib.state.wi.us/2010_returns.pdf.   There is additional information available on SWIB’s main page as well:  http://www.swib.state.wi.us/. Please e-mail benefits@uwgb.edu or call 465-2390 if you have any questions.

There have been some notable changes regarding taxes for 2011.  The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 that became law on December 17, 2010 enacted a two percentage point payroll tax cut for employees, reducing their Social Security tax withholding rate from 6.2% to 4.2% of wages paid. There has…