Wisconsin RS Basics

  • Established 1982
  • Currently open to new hires
  • Plan covers state and local employees
  • Plan members covered by Social Security
  • Multiple employer, cost sharing plan

Assets, Participants, and Benefits

Assets at Year-End, Wisconsin RS, 2001-2018

Fiscal Year Net Assets (billions)
2001 59.2
2002 51.7
2003 62.1
2004 67.9
2005 71.5
2006 80.4
2007 84.7
2008 59.4
2009 70.0
2010 75.9
2011 73.9
2012 81.1
2013 89.9
2014 92.1
2015 88.5
2016 92.6
2017 104.4
2018 96.7

Source: Public Plans Database

Number of Actives per Annuitant, 2001-2018

Fiscal Year Wisconsin RS US State and Local Pensions
2001 2.3 2.5
2002 2.3 2.4
2003 2.2 2.3
2004 2.1 2.3
2005 2.0 2.2
2006 1.9 2.1
2007 1.8 2.1
2008 1.8 2.1
2009 1.8 2.0
2010 1.7 1.9
2011 1.5 1.7
2012 1.5 1.7
2013 1.4 1.6
2014 1.4 1.5
2015 1.3 1.4
2016 1.3 1.4
2017 1.3 1.3
2018 1.2 1.3

Source: Public Plans Database

National data averages are weighted by plan size.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for Wisconsin RS, 2001-2018

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll {role:annotation}
2001 4.1 0.0 5.0 4.2 4.2
2002 4.2 0.0 4.8 4.2 4.2
2003 4.4 0.0 5.7 4.4 4.4
2004 4.6 0.0 7.3 4.6 4.6
2005 4.8 0.0 9.0 4.8 4.8
2006 5.0 0.0 9.3 5.0 5.0
2007 5.1 0.0 10.0 5.1 5.1
2008 5.1 0.0 10.4 5.1 5.1
2009 5.0 0.0 10.2 5.0 5.0
2010 5.8 0.0 10.5 5.4 5.4
2011 6.1 0.0 12.5 6.1 6.1
2012 6.5 0.0 12.9 6.5 6.5
2013 7.2 0.0 14.0 7.2 7.2
2014 7.4 0.0 14.4 7.4 7.4
2015 7.2 0.0 14.9 7.2 7.2
2016 7.0 0.0 14.8 7.0 7.0
2017 7.3 0.0 15.1 7.3 7.3
2018 7.2 0.0 15.9 7.2 7.2

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for Wisconsin RS, 2001-2018

Fiscal Year Wisconsin RS National Data
2001 96.5 106.5
2002 97.1 101.1
2003 99.2 94.2
2004 99.4 93.1
2005 99.5 91.1
2006 99.6 90.5
2007 99.6 91.2
2008 99.7 90.2
2009 99.8 83.2
2010 99.8 81.5
2011 99.9 80.4
2012 99.9 78.9
2013 99.9 78.7
2014 100.0 79.0
2015 100.0 78.2
2016 100.0 76.3
2017 100.0 76.4
2018 100.0 76.6

Source: Public Plans Database

National data averages are weighted by plan size and reflects the average for plans of similar type and Social Security coverage.

Investments

Asset Allocation for Wisconsin RS, 2018

Category Percent
Equities 44.5
Fixed Income 36.4
Private Equity 9.1
Real Estate 7.3
Cash 0.0
Other 0.0
Commodities 0.0
Hedge Fund 2.7
Misc. Alternatives 0.0

Source: Public Plans Database

Asset Allocation for State and Local Pensions, 2018

Category Percent
Equities 48.3
Fixed Income 22.2
Private Equity 9.0
Real Estate 8.4
Cash 1.8
Other 0.3
Commodities 1.9
Hedge Fund 7.0
Misc. Alternatives 1.2

Source: Public Plans Database

National data averages are weighted by plan size.


Asset allocation for Wisconsin RS, 2001-2018

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 59.0 31.0 4.0 4.0 1.0 0.0 0.0 0.0 0.0
2002 57.4 31.7 5.0 4.0 2.0 0.0 0.0 0.0 0.0
2003 62.4 26.7 3.0 4.0 3.0 0.0 0.0 1.0 0.0
2004 63.0 29.0 3.0 3.0 0.0 0.0 0.0 2.0 0.0
2005 65.0 26.0 3.0 4.0 0.0 0.0 0.0 2.0 0.0
2006 63.0 28.0 3.0 4.0 0.0 0.0 0.0 2.0 0.0
2007 59.4 29.7 4.2 4.9 0.3 0.0 0.0 1.4 0.0
2008 52.0 31.7 7.3 6.1 1.1 0.0 0.0 1.8 0.0
2009 57.1 28.5 6.7 4.0 0.4 0.0 0.0 3.3 0.0
2010 55.0 29.6 7.6 4.5 0.7 0.0 0.0 2.6 0.0
2011 50.0 30.9 8.3 6.2 0.7 0.0 0.0 3.9 0.0
2012 48.4 32.0 7.5 6.7 1.0 0.0 0.0 4.4 0.0
2013 48.6 32.1 7.0 6.4 1.0 0.0 0.0 4.9 0.0
2014 46.2 33.0 7.4 6.4 0.8 0.0 0.0 6.2 0.0
2015 47.8 35.4 7.6 6.8 0.0 0.0 0.0 2.4 0.0
2016 46.8 37.6 8.3 6.4 0.0 0.0 0.0 0.9 0.0
2017 46.4 37.3 8.2 5.5 0.0 0.0 0.0 2.7 0.0
2018 44.5 36.4 9.1 7.3 0.0 0.0 0.0 2.7 0.0

Source: Public Plans Database


Annual Return as of December 31 for Wisconsin RS, 2001-2018

Fiscal Year Wisconsin RS Assumed return
2001 -5.40 8.00
2002 -8.80 8.00
2003 24.20 7.80
2004 12.80 7.80
2005 8.50 7.80
2006 15.80 7.80
2007 8.70 7.80
2008 -26.20 7.80
2009 22.40 7.80
2010 12.40 7.20
2011 1.40 7.20
2012 13.70 7.20
2013 13.60 7.20
2014 5.70 7.20
2015 -0.40 7.20
2016 8.60 7.20
2017 16.20 7.20
2018 -3.30 7.00

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Wisconsin RS
2001-2018

Fiscal Year Cash Flow Assets
2001 -1,621.3 59,233.1
2002 -1,745.5 51,741.1
2003 -1,697.9 62,126.4
2004 -1,787.4 67,883.0
2005 -1,932.4 71,470.5
2006 -2,067.1 80,390.8
2007 -2,252.9 84,656.4
2008 -2,502.1 59,430.1
2009 -2,473.9 69,996.3
2010 -2,452.2 75,872.1
2011 -2,635.7 73,908.0
2012 -2,699.8 81,072.3
2013 -2,494.9 89,924.7
2014 -2,669.0 92,146.8
2015 -2,969.0 88,504.7
2016 -3,197.6 92,580.1
2017 -3,292.7 104,396.5
2018 -3,584.6 96,737.1

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Wisconsin RS
2001-2018

Fiscal Year Wisconsin RS National Average
2001 -2.7 -2.0
2002 -3.4 -2.7
2003 -2.7 -2.2
2004 -2.6 -1.6
2005 -2.7 -2.0
2006 -2.6 -1.9
2007 -2.7 -2.0
2008 -4.2 -3.0
2009 -3.5 -2.6
2010 -3.2 -2.4
2011 -3.6 -2.7
2012 -3.3 -2.6
2013 -2.8 -2.3
2014 -2.9 -2.3
2015 -3.4 -2.7
2016 -3.5 -2.2
2017 -3.2 -2.7
2018 -3.7 -3.0

Source: Public Plans Database

National data averages are weighted by plan size.

2018 Financial Reports

Benefits

Website for Wisconsin RS benefit descriptions.