What's New

 

Department of Employee Trust Funds

Report 19-17 | September 2019

We provided unmodified opinions on the financial statements for the separate funds presented in the Department of Employee Trust Funds' (ETF's) 2018 Comprehensive Annual Financial Report, which can be found on its website. ETF’s financial statements present 11 separate funds used to account for the financial position and activity of the various benefit programs available to state and local public employees. These programs include the Wisconsin Retirement System and health and life insurance programs for active and retired employees of the State and participating local governments.

Briefing Sheet
mobile version | Report


Employer Reporting for Certain Benefit Programs

Reports 19-18, 19-19, and 19-20 | September 2019

We provided unmodified opinions on the employer schedules prepared by the Department of Employee Trust Funds for the Wisconsin Retirement System, the State Retiree Life Insurance program, and the Local Retiree Life Insurance program as of and for the year ended December 31, 2018.  The schedules report a net pension liability for the Wisconsin Retirement System and an other postemployment benefit (OPEB) liability for both the State Retiree Life Insurance program and the Local Retiree Life Insurance program. These schedules were prepared to assist participating employers, including the State of Wisconsin, in preparing their own financial statements in accordance with generally accepted accounting principles.

Briefing Sheet
mobile version

Report 19-18: Wisconsin Retirement System Reporting for Participating Employers
Report 19-19: State Retiree Life Insurance Reporting for the State of Wisconsin
Report 19-20: Local Retiree Life Insurance Reporting for Participating Employers


State Retiree Health Insurance Reporting for the State of Wisconsin

Report 19-21 | September 2019

We provided unmodified opinions on the employer schedules prepared by the Department of Administration for the State Retiree Health Insurance program as of and for the year ended June 30, 2018. The schedules report an other postemployment benefit (OPEB) liability for the program. These schedules were prepared to assist participating employers, including the State of Wisconsin, in preparing their own financial statements in accordance with generally accepted accounting principles.

Briefing Sheet
mobile version | Report