State officials say pension payments will hold steady for most retired public employees in Wisconsin.
This news from the state Department of Employee Trust Funds comes after the Wisconsin Retirement System ended 2018 with a negative return. Yesterday, state officials said pension payments that are solely funded by the main Core Fund won’t see a change in amount.
But, retirees with money in the smaller, optional Variable Fund will see a ten-percent reduction starting May 1st. The median WRS pension amount annually doled out is 20-thousand-seven-hundred-fifty-eight-dollars.