Category: Fiscal Wellness
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WRS Investment Returns Are Up
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The State of Wisconsin Investment Board (SWIB) just released the WRS investment returns through November 30th. The Core Fund is up 7.6% and the Variable Fund is up 8.0%. You can visit SWIB’s website for more information: http://www.swib.state.wi.us/. In addition, the UW System Administration has updated documents that outline how market conditions affect your WRS…
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WRS Small Group Sessions
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NOTICE TO ALL EMPLOYEES PARTICIPATING IN THE WISCONSIN RETIREMENT SYSTEM The Department of Employee Trust Funds is pleased to formally announce that they have expanded their outreach and education. Please see the EFT flyer to read the requirements for who is eligible to attend these group sessions and how to schedule an appointment. You can find locations and…
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WRS Contribution Rates
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IMPORTANT NOTICE TO ALL EMPLOYEES PARTICIPATING IN THE WISCONSIN RETIREMENT SYSTEM WRS Contribution Rates for 2011 Most UW System employees covered by the Wisconsin Retirement System (WRS) will be required to pay 0.2% (two tenths of one percent) of WRS-covered earnings to the WRS for 2011. Protective employees will have to pay a 0.8% (eight…
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2011 TSA 403(b) Limits
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The IRS announced that because inflation has been very low, there are no cost-of-living adjustments (COLA) to the dollar limitations for contributions to the Tax-Sheltered Annuity 403(b) Program in 2011. (The same limits as 2010.) For 2011 University of Wisconsin employees may contribute a maximum of $16,500 to the Tax-Sheltered Annuity 403(b) Program. Employees age…
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Insurance Premium Holiday
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The following information affects employees who are enrolled in State Group Health Insurance and/or State Group Life Insurance. Employees currently pay State Group Health (SGH) and State Group Life (SGL) Insurance premiums two months in advance of coverage. For example, the premiums deducted from July earnings pay for SGH and SGL coverage for the month…
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Wisconsin Deferred Compensation Individual Sessions
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Scott Schewe, a 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. For more information about WDC’s Program highlights, see the Wisconsin Deferred Compensation Program Highlights by clicking on…
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Retirement Investing from Beginning to End Webinar
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T. Rowe Price, one of the investment companies in your UW TSA 403(b) Program, will be offering the webinar “Retirement Investing from Beginning to End” presented by Drew Kessler on November 4th and 5th. Drew is a Retirement Specialist in T. Rowe Price Retirement Plan Services. He is passionate about educating investors on retirement planning…
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TIAA CREF Individual Counseling Sessions
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TIAA CREF is offering individual and confidential counseling sessions where you can discuss your financial situation with a TIAA CREF consultant. They will be able to help you achieve your financial goals by investing in financial solutions and help simplify your retirement planning. Please see the flyer for more information about TIAA CREF sessions at UWGB.…
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Year End Information for Classified Employees
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**Important information regarding vacation carry over, compensatory time, annual leave conversion, and personal & floating holidays** Attn: Classified Employees and their Supervisors: UW-Green Bay requires that vacation for classified employees be taken in the calendar year in which it is earned. It is UW-Green Bay’s practice to allow up to 40 hours of vacation to…
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Benefit Enrollment and Change Period
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There are important changes to benefits for 2011 that may require you to take action during the Benefit Enrollment & Change Period. Even if you are satisfied with your current benefit plans, please take time to read about changes to the benefit plans so you know how you may be impacted and if you need…