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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.

WRS Contribution Rates to Decrease in 2018

Debbie Plunkett

Contributions paid by Wisconsin Retirement System employees will decrease slightly for most individuals, effective January 1, 2018.

Total 2018 contribution rates, expressed as a percentage of salary, are indicated in the table below.

The 2018 rate changes are primarily due to higher favorable WRS Trust Fund investment performance. In general, when trust fund investment earnings are greater than expected, contribution rates may decrease the following year. When earnings are lower than expected, rates may increase to make up for the shortfall.

Changes in WRS contribution rates are designed to be stable, with investment returns for the Core Fund smoothed over a five-year period.

WRS contribution rates are set annually by the ETF Board, upon review of its consulting actuary’s annual valuation of the system and its funding requirements. The total rates are generally split evenly between employees and employers and adjusted annually. Contributions are paid in full, ensuring full funding of future WRS benefits