All government workers in Wisconsin, except those in the city and county of Milwaukee, contribute to the state?s own pension plan, which administers and invests the funds. The state system is currently 99.5 percent funded. A special committee is currently looking at the state system and is due to issue a report in mid-June, but 401(k) options have already been touted in the Legislature, although so far they?ve fallen by the wayside….The Walker administration has signaled that it isn?t going to push changes, at least in the near future. But it would be best to keep a close lookout.
Office of Strategic Communication