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1 Ιουλ 1990 · This WRS Retirement Benefits Calculator is a tool that can give you an unofficial estimate of your benefit as you plan for retirement. 6-12 months before you plan to apply for benefits, request an official estimate.
- WRS Retirement Benefit
The WRS Retirement Benefit is a pension plan that is...
- WRS Retirement Benefit Calculations
WRS retirement benefits are calculated using two methods:...
- WRS Retirement Benefit
WRS retirement benefits are calculated using two methods: the formula method, and the money purchase method. ETF calculates your benefit using both methods and automatically pays you the higher amount. See how each method is calculated and resources for estimating your benefit.
1) enter your projected age 62 monthly Social Security benefit amount; or 2) leave it blank and complete the three highest years of earnings and related service fields below, and we will use a projected age-62 Social Security benefit amount from our WRS actuary.
Retirement Benefit Calculation Methods. WRS benefits are calculated using two methods: •the formula method, and •the money purchase method. ETF calculates your benefit using both methods and automatically pays you the higher amount. Under both methods, any gain or loss from Variable Trust Fund participation and any additional contributions
This retirement calculator was meticulously designed and developed with the specific needs of WRS enrollees in mind. As a resident of Wisconsin and an enthusiast in financial planning, I’ve poured my expertise and personal insights into ensuring that this tool provides accurate and valuable guidance for those navigating their retirement options.
If you retire under age 62, you will be eligible for an Accelerated Payment, which provides a higher monthly annuity until age 62. At age 62, the WRS annuity decreases by the anticipated monthly amount payable from Social Security. Use the Accelerated Payment Cost Calculator to estimate the cost.
See the Calculating Your Retirement Benefits. brochure for calculation information. Contact Us with questions concerning your retirement and plan on attending a group presentation in your area to learn more about your WRS benefits.
