Scott Walker wants to radically alter the public employee pension system in Wisconsin (WRS). He will turn a 97% funded defined benefit system into a high risk defined contribution system, enabling his investment house buddies to cash in big while recipients lose the safety and security of one of the best retirement funds in the country!
Why is this important?
I am a teacher and will be starting my 35th year as a public school teacher this fall. Therefore, I have a vested interest in the WI Retirement System.