Retirement

Ready to Retire?
Wisconsin Retirement System (WRS)
The Wisconsin Retirement System (WRS) provides retirement benefits for employees of the State of Wisconsin and most local units of government in Wisconsin.
Social Security & Medicare
Social Security provides you (and in some cases your spouse or former spouse) with a monthly retirement benefit at age 62 or later.

Social Security Administration

Medicare provides you (and your spouse) with insurance coverage for some health care costs when you reach age 65. You may qualify for Medicare coverage earlier if you become disabled.

Medicare Information

Saving for Retirement? (in addition to the WRS - see section in Ready to Retire?)
Tax Sheltered Annuity 403(b) Program
The Tax-Sheltered Annuity Program is a supplemental retirement savings program authorized by section 403(b) of the Internal Revenue Code. Eligible employees can enroll at any time.
Wisconsin Deferred Compensation
The Wisconsin Deferred Compensation Program (WDC) is a supplemental retirement savings program, regulated by Section 457 of the Internal Revenue Code (IRC). The WDC provides eligible employees with the opportunity to invest a portion of their annual earnings on a tax-deferred basis to supplement retirement income.
U.S. Savings Bonds
U.S. Savings Bonds can help you reach your saving goals with safety, market-based yields, and tax benefits. The interest earned on savings bonds is exempt from all state and local income taxes. Federal income taxes on the interest are deferred until the bonds reach final maturity, or you redeem them, whichever is first.

To sign up, please contact the Benefits Office.

For more information on US Saving Bonds visit http://www.savingsbonds.gov/