May is Mental Health Awareness month. Learn about mental health resources available to you through the Group Health Insurance Program and Employee Assistance Programs through this new Mental Health Resources page.
Learning from the past and preparing for what the future may bring plays a key role in making sure the WRS remains healthy. Learn how SWIB partners with independent actuaries and uses stress testing to help design a successful investment strategy.
Before scheduling an appointment, you must have received a Retirement Benefit Estimates and Application (ET-4301) or a Disability Benefit Estimate and Application (ET-5302). The typical wait time for appointments is up to six weeks. Group online appointments can often be scheduled sooner.
It's no secret that 2022 was a challenging year for the financial markets. There was nowhere to hide for investors looking to escape the volatility that impacted almost every asset class, including stocks. Susan Schmidt, SWIB’s head of public equities in the Global Public Market Strategies Division, oversees what is sometimes referred to as a “best ideas portfolio,” an important piece of SWIB’s long-term investment strategy.
A common question we receive from members this time of year centers on WRS separation benefits. This type of benefit is a one-time, lump-sum payment of employee-required contributions, additional contributions (if made), and accumulated earned interest. Understand the pros and cons.
Todd Mattina is SWIB’s new Head Economist, Asset & Risk Allocation Chief Investment Officer. Mattina will be responsible for taking a broad view of economic conditions in developing, recommending, and implementing SWIB’s asset allocation for the fully funded WRS.
Important changes have been made to the state and local Income Continuation Insurance Programs that will expand coverage and benefits to employees aged 70 and older, effective May 1.