Today, the Group Insurance Board approved the selection of Total Administrative Services Corporation (TASC) to administer the pre-tax savings accounts for eligible state employees and retirees.
Edwin Denson discusses the events and trends that impacted the financial markets in 2024, the performance of the WRS Trust Funds, and what we might expect this year.
Employees' WRS account balances are expected to grow this year, as ETF projects an increase in the effective rates for the Core and Variable Fund contributions due to strong preliminary investment returns last year.
This includes all 2024 Health Care Flexible Spending Account, Limited Purpose FSA, Dependent Day Care Account, Parking Account, and Transit Account claims.
Sec. John Voelker has appointed Diana Felsmann as ETF’s next Deputy Secretary, following the retirement of Shirley Eckes, and Peter Rank as ETF's new Chief Legal Counsel.
