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How to read and verify your WRS statement

WEA Member Benefits

Tuesday, June 27, 2017 from 10:30 AM to 11:30 AM

How to read and verify your WRS statement

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Type End Quantity
Members Ended Free  

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Event Details

What do you know about the Wisconsin Retirement System (WRS) pension statement you receive from the Department of Employee Trust Funds (ETF). Learn how to read, understand, and verify the important information on your annual ETF statement.

Even if you are years away from retirement, you’ll want to attend this session to get a better idea of how this WRS benefit fits into your retirement savings strategy.

Bring your most recent ETF statement to this session for reference.

We will walk you through each of the ten sections on your WRS statement and explain:

  • The difference between a “defined benefit” and “defined contribution” plan.
  • Years of creditable service and vesting requirements.
  • Employee and Employer required contributions.
  • Difference between the Core and the Variable Funds.
  • Deciding whether to participate in the Variable fund.
  • Death and separation benefits.
  • Checking your earnings record.
  • The difference between the Formula and Money purchase calculations.
  • How to get an estimate of your retirement benefit projection (Hint: it’s different than the amount in Section 10 on your statement.)

Seminars are free to attend; however, if you choose to invest in the WEA Tax Sheltered Annuity or WEAC IRA program, fees will apply. Consider all expenses before investing. The 403(b) retirement program is offered by the WEA TSA Trust. TSA program registered representatives are licensed through WEA Investment Services, Inc., member FINRA. The Trustee Custodian for the WEAC IRA accounts is Newport Trust Company. The Wisconsin Retirement System (WRS) pension is administered by the Department of Employee Trust Funds. For questions about WRS visit their website at

Have questions about How to read and verify your WRS statement? Contact WEA Member Benefits

When & Where

Green Bay Education Association
2256 Main Street
Green Bay, WI 54311

Tuesday, June 27, 2017 from 10:30 AM to 11:30 AM

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WEA Member Benefits

WEA Member Benefits has been helping Wisconsin public school employees achieve their financial goals for over 40 years by providing personal insurance and retirement and investment programs. We operate as a trust that reinvests any profits back into programs that benefit participants. We have no shareholders. This allows us to focus on meeting the needs of those we serve with high-quality products that are competitively priced.

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