News & Press: News

Employee Trust Funds Board Announces 2020 WRS Contribution Rates

Saturday, June 29, 2019  
Posted by: Annaliece Rynes
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Employee Trust Funds Board Announces 2020 WRS Contribution Rates At its June 20, 2019 meeting, the Employee Trust Funds Board approved WRS contribution rates for 2020, including rates for Wis. Stat. § 40.65 protective occupation duty disability and the State Accumulated Sick Leave Conversion Credit Program (state employers only). These rates are based on current benefit levels and recommendations from the Board’s independent consulting actuary. WRS rates are increasing in 2020 primarily due to lower-than-expected investment performance and changes in actuarial assumptions.