SUMMARY

We provided an unmodified opinion on the Wisconsin Retirement System (WRS) financial statements and related notes for calendar year 2016. Our independent auditor’s report on the financial statements is included with the Department of Employee Trust Funds (ETF) report, which can be found on ETF’s website. The fiduciary net position of the WRS increased from $88.5 billion as of December 31, 2015, to $92.6 billion as of December 31, 2016, or by 4.6 percent. This increase is primarily the result of an increase in investment income.