Pension Systems & Calculators

What is a pension?

Once you meet certain qualifications, a pension will provide a monthly payment for life. The technical name for this type of retirement plan is a “defined benefit” plan because a formula defines the benefit you receive when you retire.

A pension has two key features that can work in conjunction with any defined contribution plans you may have. One, your future benefit grows as long as you are working and is based on your age, salary, and years of service while participating in WRS. As your years of service and salary increase, so does your future benefit. And two, your benefit is not affected by investment gains or losses. The WRS Board assumes the responsibility for investing your contributions in such a way as to have enough investment earnings to pay for your life-long pension benefit.

WRS has the following nine different pension plans:

Public Employee Pension Plan

Benefit Calculator

Public Employee Handbook

Public Employee Valuation Report

 

Game Warden, Highway Patrol, and Criminal Investigation Pension Plan

Benefit Calculator

Warden, Patrol & DCI Handbook

Warden Patrol & DCI Valuation Report

 

Law Enforcement Pension Plan

Benefit Calculator

Law Enforcement Handbook

Law Enforcement Valuation Report

 

Judicial Pension Plan 

Benefit Calculator

Judicial Valuation Report

 

Volunteer Firefighter Pension Plan 

Benefit Calculator

Volunteer Firefighter Handbook

Volunteer Firefighter Valuation Report

 

Plan A Paid Firefighter Pension 

Benefit Calculator

Plan A Paid Firefighter Valuation Report

 

Plan B Paid Firefighter Pension

Benefit Calculator

Plan B Paid Firefighter Handbook

Plan B Paid Firefighter Valuation Report

 

Air Guard Firefighter Pension Plan

Air Guard Firefighter Handbook

Air Guard Firefighter Valuation Report 

 

Volunteer Emergency Medical Technician Pension Plan

Benefit Calculator

Volunteer EMT Handbook

Volunteer EMT Valuation Report

 

All Plans Summary

Jan. 1. 2013

 


WRS has a complete list of forms related to members pension plans available for download.