Pension Plan Information
A pension plan is often referred to as a “defined benefit” plan because a formula defines the benefit members receive when they retire. Pension plan members' future benefit is based on the member's age, salary, and years of service while participating. Generally, as the member's years of service and salary increase, so does the future benefit.
The retirement benefit of a pension plan provides a monthly payment for life. The WRS Board assumes the responsibility for investing contributions in such a way as to have enough investment earnings to pay for a life-long pension benefit for each member.
The WRS Pension Plan Characteristics Document (pdf) outlines the basic benefit structure of WRS' Pension Plans. Detailed information can be found in the Pension Plan Handbook specific to a plan.
The Pension Plan Benefit Calculator is a useful tool for members to use in estimating their potential pension benefit. Official estimates, using current salary information only, are available to members in their Online Pension Account.
Public Employee Pension Plan
Public Employee Handbook | Public Employee Valuation Report
Game Warden, Highway Patrol, and Criminal Investigation Pension Plan
Warden, Patrol & DCI Handbook | Warden Patrol & DCI Valuation Report
Law Enforcement Pension Plan
Law Enforcement Handbook | Law Enforcement Valuation Report
Judicial Pension Plan
Judicial Valuation Report
Volunteer Firefighter Pension Plan
Volunteer Firefighter Handbook | Volunteer Firefighter Valuation Report
Plan A Paid Firefighter Pension
Plan A Paid Firefighter Valuation Report
Plan B Paid Firefighter Pension
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
Volunteer EMT Handbook | Volunteer EMT Valuation Report
All Plans Summary
January 1, 2015
30 Year Projections
January 1, 2015