ETF announces retirement fund interest rates

The Department of Employee Trust Funds has established the interest rates credited to the retirement accounts of employed Wisconsin Retirement System members and eligible inactive members for 2008. The Core Trust Fund effective rate is 3.3 percent and the Variable Trust Fund effective rate is -40 percent. The Core fund returns are spread over time. The Variable fund returns must be fully recognized each year.

For more information download:
http://etf.wi.gov/news/pr_2008_Effective_Rate%20.pdf
and
http://etf.wi.gov/news/2008_Effective_Rate_Letter.pdf.