Tuesday, October 30, 2012

2013 WRS Contribution Rates for Participants

Employee Trust Funds (ETF) has announced the 2013 WRS Contribution rates. For most Wisconsin Retirement System (WRS) employees and employers the rates will increase from 11.8% to 13.3% of payroll in 2013. In general, the total contribution rate is split equally between the employee and employer as shown in the chart below.

Employee Category
Total Rate
2012
Total
Rate
2013
Employee
Contribution
for 2013
Employer
Contribution
for 2013
General/Teacher
11.8%
13.3%
6.65%
6.65%
Elected Official/Executive/Judge
14.1%
14.0%
7.0%
7.0%
Protective with Social Security
14.9%
16.4%
6.65%
9.75%
 
 
 
 
 

The new rates will go into effect January 1, 2013 and will be reflected on employees’ January 10, 2013 paycheck.

For more information please see ETF’s website.  The link is listed below:

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