Category: Payroll & Benefits
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ETF Effective Interest Rates Announced
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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.
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TSA Fee Increase
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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…
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HRS and How It Will Impact You
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To find out more about HRS (the new Human Resource System) and how it will impact you, please mark your calendar to attend one of the following presentations in the 1965 Room in the University Union: * Thursday, February 10th from 12:00 p.m. to 1:00 p.m. * Friday, February 18th from 3:00 p.m. to 4:00 p.m.…
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WRS News
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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…
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**HRS and Self-Service Coming Soon!**
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Please click on the following link to view information about HRS and Self Service: http://www.uwgb.edu/hr/hrs/ Please e-mail hr@uwgb.edu or call 465-2390 if you have any questions.
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T. Rowe Price Webinar
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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. …
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2010 WRS Returns
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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.
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2011 Tax Update
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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…
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Rehired Annuitant Information
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NOTICE TO ALL SUPERVISORS AND EMPLOYEES PARTICIPATING IN THE WISCONSIN RETIREMENT SYSTEM As a reminder, for those employees considering retirement and supervisors considering rehiring recently retired employees, please review the Q&A found in the link below. There are several rules and statutes governing rehired annuitants that must be followed to minimize jeopardizing the recently retired…
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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…