Saturday, January 21, 2012

Biz Beat: Proposal would let new UW staff opt out of state retirement system

New hires at the University of Wisconsin could opt out of the state retirement system under a proposal being floated in the Assembly, though it's not clear that they would want to.

The measure would allow the UW System to let covered employees select a defined-contribution plan — like a 401(k) — rather than participating in the state pension system.

Biz Beat: Proposal would let new UW staff opt out of state retirement system

No comments:

Post a Comment

This blog is created to not only keep you informed, but to receive feedback from you as well. Please feel free to comment on any posts. We reserve the right to remove any post we deem inappropriate in language and/or content.