Pew Center Report Rates WRS as “Solid Performer”
When it comes to paying its beneﬁt obligations for current and future retired employees, the Wisconsin Retirement System (WRS) stands alone as the only fully-funded public pension system in the country.
In its report, The Widening Gap Update, the Pew Center on the States calls the WRS a “solid performer” at a time when other public pension plans are seeking ways to bridge a combined $757 billion gap in the underfunding of their pension promises.
Fortunately for WRS participants, Wisconsin is not one of those struggling states. Wisconsin was one of 11 states Pew rated as “solid performers” in managing its pension obligations in ﬁscal year 2010 and was one of only four states that were funded at 95% or better (and, in fact, is the only one at 100%).