Welcome to Retirement

WRS' pension plans provide a secure monthly payment for life. You cannot outlive your benefit, even after you deplete your account balance.

Your payroll statement is posted to your online pension account monthly. WRS will mail you a statement each time a change is made to your account and at the end of each year.

Golfing retirees
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Your first retirement payment

Your first payment will be on the retiree payroll date for the month after WRS receives your final contribution from your employer. Talk with your employer to find out when they will submit your final contributions and termination notice. If you work for a school district, find out if they are paying summer contributions in advance or paying throughout the summer. Your first payment will be retroactive back to your retirement date.
Bank Form

Taxes / 1099-R

Your monthly benefit is reported to the IRS as income, and you are responsible for paying any taxes. You will receive a Form 1099-R annually for tax reporting purposes.