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LABOR ASSOCIATION OF WISCONSIN, INC

11430 West Bluemound Road, Suite 104
Wauwatosa, WI 63226
T (414) 476-6000
F (414) 476-6015
E law@law-inc-wi.com

 

N116 W16033 Main Street
Germantown, WI 53022
United States

262-946-4000

The Labor Association of Wisconsin, Inc., is a 21st Century labor relations firm and has been representing public employees throughout the state of Wisconsin since 1985.

L.A.W., Inc provides  labor representation specializing in law enforcement.  Our Full Service plan, offers representation in collective bargaining, grievance handling, discipline, prohibited practice complaints, unit clarification, declaratory ruling and any other hearing before the WERC among other benefits provided by LAW.  Contact us for more information.

News and Updates

News and information updates for LAW, Inc. association members.

ETF Board Announces 2016 WRS Contribution Rates

Debbie Plunkett

Department of Employee Trust Funds 
June 25, 2015

WRS Required Contributions to Decrease in 2016

Contribution rates for most Wisconsin Retirement System employers and employees will decrease for 2016. The following rate changes were recommended by the WRS consulting actuary in its annual valuation of the system and approved by the Employee Trust Funds Board today:

Why are contribution rates decreasing?
While many complex factors affect WRS contribution rates, the decrease is primarily due to trust fund investment gains experienced over the past five years (2010-2014).

Contribution rate changes, whether increases or decreases, are considered normal for retirement systems that have defined benefits. The rates, effective January 1, 2016, are expressed as a percentage of pay and are shown below.

Note: Contribution rates may be different for employees who have collective bargaining agreements. Other mandatory employer contributions for duty disability, the state's Accumulated Sick Leave Conversion Credit Program, or unfunded liabilities are not included and vary by employer.