The table below shows investment performance of the WRS trust funds and the impact on WRS members since 1986.
- Preliminary, year-to-date returns are communicated monthly and yearly via our web site, social media and member newsletters.
- Effective rates are applied to your WRS account balances and appear on your annual WRS Statement of Benefits. ETF distributes these statements in April.
- Investment returns also affect annual adjustments to WRS retirees’ monthly pensions. ETF notifies retirees about benefit payment changes in April.
There are two tables separated by fund. Click on the fund name to be taken to the table. Click on "Back to Top" to return to this list.
Core Trust Fund Returns, Rates and Adjustments
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| Year | Investment Return | ETF Effective Rate | ETF Annuity Adjustment |
|---|---|---|---|
| 2023 | 11.40% | 9.1% | 3.6% |
| 2022 | -12.92% (loss) | 6.5% | 1.6% |
| 2021 | 16.89% | 12.9% | 7.4% |
| 2020 | 15.2% | 10.9% | 5.1% |
| 2019 | 19.9% | 7.7% | 1.7% |
| 2018 | -3.3% (loss) | 5.0% | 0.0% |
| 2017 | 16.2% | 8.5% | 2.4% |
| 2016 | 8.6% | 7.9% | 2.0% |
| 2015 | -0.4% (loss) | 6.4% | 0.5% |
| 2014 | 5.7% | 8.7% | 2.9% |
| 2013 | 13.6% | 10.9% | 4.7% |
| 2012 | 13.7% | 2.2% | -9.6% (loss) |
| 2011 | 1.4% | 1.5% | -7.0% (loss) |
| 2010 | 12.3% | 4.8% | -1.2% (loss) |
| 2009 | 22.4% | 4.2% | -1.3% (loss) |
| 2008 | -26.2% (loss) | 3.3% | -2.1% (loss) |
| 2007 | 8.8% | 13.1% | 6.6% |
| 2006 | 15.8% | 9.8% | 3.0% |
| 2005 | 8.6% | 6.5% | 0.8% |
| 2004 | 12.8% | 8.5% | 2.6% |
| 2003 | 24.2% | 7.4% | 1.4% |
| 2002 | -8.8% (loss) | 5.0% | 0.0% |
| 2001 | -2.3% (loss) | 8.4% | 3.3% |
| 2000 | -0.8% (loss) | 10.9% | 5.7% |
| 1999* | 15.7% | 24.1% | 17.1% |
| 1998 | 14.6% | 13.1% | 7.2% |
| 1997 | 17.2% | 12.8% | 7.7% |
| 1996 | 14.4% | 12.5% | 6.6% |
| 1995 | 23.1% | 11.3% | 5.6% |
| 1994 | -0.6% (loss) | 7.7% | 2.8% |
| 1993 | 15.0% | 11.0% | 4.9% |
| 1992 | 9.7% | 10.2% | 4.4% |
| 1991 | 20.4% | 12.1% | 6.3% |
| 1990 | -1.5% (loss) | 8.6% | 3.6% |
| 1989 | 19.2% | 18.1% | 11.3% |
| 1988 | 14.4% | 10.2% | 4.1% |
| 1987 | 2.2% | 14.0% | 6.7% |
| 1986 | 14.5% | 12.7% | 7.6% |
* Results include a special one-time recognition of past earnings created by 1999 WI Act 11.
Variable Trust Fund Returns, Rates and Adjustments
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| Year | SWIB Investment Return | ETF Effective Rate | ETF Annuity Adjustment |
|---|---|---|---|
| 2023 | 22.24% | 22% | 15% |
| 2022 | -17.83% (loss) | -18% (loss) | -21% (loss) |
| 2021 | 19.95% | 20% | 15.0% |
| 2020 | 17.5% | 18.0% | 13.0% |
| 2019 | 28.6% | 29.0% | 21% |
| 2018 | -7.9% (loss) | -7.0% (loss) | -10.0% (loss) |
| 2017 | 23.2% | 24.0% | 17.0% |
| 2016 | 10.6% | 10.0% | 4.0% |
| 2015 | -1.2% (loss) | 0% | -5.0% (loss) |
| 2014 | 7.3% | 7.0% | 2.0% |
| 2013 | 29.0% | 31.0% | 25.0% |
| 2012 | 16.9% | 17.0% | 9.0% |
| 2011 | -3.0% (loss) | -3.0% (loss) | -7.0% (loss) |
| 2010 | 15.6% | 16.0% | 11.0% |
| 2009 | 33.7% | 33.0% | 22.0% |
| 2008 | -39.0% (loss) | -40.0% (loss) | -42.0% (loss) |
| 2007 | 5.6% | 6.0% | 0% |
| 2006 | 17.6% | 18.0% | 10.0% |
| 2005 | 8.3% | 9.0% | 3.0% |
| 2004 | 12.8% | 12.0% | 7.0% |
| 2003 | 32.7% | 34.0% | 25.0% |
| 2002 | -21.9% (loss) | -23.0% (loss) | -27.0% (loss) |
| 2001 | -8.4% (loss) | -9.0% (loss) | -14.0% (loss) |
| 2000 | -7.2% (loss) | -7.0% (loss) | -11.0% (loss) |
| 1999 | 27.8% | 28.0% | 21.0% |
| 1998 | 17.5% | 18.0% | 12.0% |
| 1997 | 21.6% | 23.0% | 18.0% |
| 1996 | 19.8% | 20.0% | 14.0% |
| 1995 | 25.6% | 27.0% | 19.0% |
| 1994 | 0.8% | 0% | -4.0% (loss) |
| 1993 | 16.5% | 17.0% | 11.0% |
| 1992 | 10.7% | 11.0% | 5.0% |
| 1991 | 27.1% | 28.0% | 18.0% |
| 1990 | -11.3% (loss) | -11.0% (loss) | -14.0% (loss) |
| 1989 | 22.6% | 24.0% | 16.0% |
| 1988 | 21.7% | 22.0% | 14.0% |
| 1987 | -1.1% (loss) | -1.0% (loss) | -6.0% (loss) |
| 1986 | 11.5% | 13.0% | 8.0% |