Retired public employees in the Wisconsin Retirement System will get smaller checks when the new payouts begin on May 1. Preliminary estimates from the Department of Employee Trust Funds shows that participants in the "Core Fund" will see a 4 to 4.5 percent reduction in their monthly payout through April 2013.
Biz Beat: State pension checks to fall at least 4 percent
Friday, January 13, 2012
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