News & Events
Annual Pension Board Meeting Is Approaching
The Milwaukee County Pension Board and Milwaukee County Employees' Retirement System (MCERS) will host the Annual Pension Board Meeting on April 24, 2019. The meeting will be held at Wilson Park Senior Center. Doors open at 9 a.m. and a continental breakfast will be served.
The meeting is from 9:30 a.m. - noon and will be your opportunity to connect with other retirees, receive an update on the Pension Trust Fund, investment portfolio and hear from the Pension Board elected officials.
We look forward to seeing you. Reserve your spot now.
ERS to Improve Accuracy of Benefit Calculations; Provide Procedures to Resolve Errors
March 21, 2019 — The County Board of Supervisors approved a resolution, sponsored by Supervisor Schmitt and County Executive Abele, that amends Section 201.24 of the Milwaukee County Code of General Ordinances relating to the Employees’ Retirement System (ERS). The objective of the amendment is to improve the accuracy of benefit calculations and provide procedures to resolve payment errors. Retirement Plan Services (RPS) worked directly with county stakeholders, including the Pension Board, Board of Supervisors, Comptroller and County Executive, to collaborate on this legislation. The legislation has several positive benefits for our members, particularly as it relates to simplifying the retirement process itself and benefit calculations.
RPS will be engaging in an extended education and outreach effort to communicate these positive changes to members over the next several months. More information will be provided to our active members in the next edition of the RPS Pulse and to our retired members in the upcoming issue of The Communicator.
DC48/Rule of 75 Implementation
March 19, 2019 — The Wisconsin State Supreme Court ruled in favor of the plaintiffs in the Milwaukee District Council 48 v. Milwaukee County matter. The Milwaukee County ERS is working to comply with the Supreme Court’s ruling in the matter. Implementation is complex and we are committed to working with our members who are covered by the decision to ensure they understand how the decision affects their retirement eligibility and benefits. Doing so requires significant research and collaboration with our stakeholders. We anticipate that it will take at least three months to complete the following:
- Confirm with the Milwaukee County Office of Corporation Counsel the exact details of the ruling and the member population
- Communicate directly with those members that are covered by the ruling
- Implement the necessary system changes to accurately carry out the provisions of the ruling on a member-by-member basis
ERS has begun working on these tasks and we plan on communicating directly with those members covered by the ruling by July 1, 2019. In the interim, members with general questions may contact ERS via email, or the service center at (414) 278-4207 or (877) 652-6377. We restate our commitment to providing superior service to our members, accurately calculating retirement benefits, and communicating clearly.
The 10-member Pension Board invests the assets of the pension fund and interprets ordinances regarding the pension benefit.
Members | Meetings
Retirement Sustainability Taskforce
County Executive Chris Abele launched the RST to study pension system modifications that ensure sustainability of the pension fund.
Milwaukee County Pension Board
Michael S. Harper, Chairperson
Laurie Braun, Vice Chairperson
Contact a Board Member
Current Meeting Minutes and Agendas
April Annual Agenda
Investment Committee Meeting
February Agenda | February Minutes
Audit Committee Meeting
Contact RPS for Pension Board meeting minutes and agendas from prior months.
Pension Board Meeting Schedules
Monthly Pension Board Meeting
The Pension Board meets the fourth Wednesday of each month starting at 8:30 a.m. at The Marcus Center, Green Room, 127 E. State St.
Investment Committee Meeting
The Investment Committee meets the first Monday of each month starting at 2:30 p.m. at the Milwaukee County Courthouse, 901 N 9th St., Room 203P.
Audit Committee Meeting
The Audit Committee meets the first Thursday of each month starting at 1:30 p.m. the Milwaukee County Courthouse, 901 N. 9th St., Room 212B.
A full list of 2019 Pension Board meeting dates can be found here.
Congratulations to our newest retirees!
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Pension Check Payment Schedule
Upcoming Payment Processing Dates
April 30, 2019
May 31, 2019
June 28, 2019
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When are pension payments issued?
Monthly pension payments are issued on the last business day of the month. If you have not received your monthly pension payment, please allow three to five business days for your bank to process the funds. If three to five days have passed and you have not received your monthly pension payment, contact Retirement Plan Services.
What do I do if I do not receive my monthly pension payment?
If you have not received your monthly pension payment, please allow three to five business days for your bank to process the funds. If three to five days have passed and you have not received your monthly pension payment, contact Retirement Plan Services.
If you have switched banks and have not updated your direct deposit information, contact Retirement Plan Services to have the account information updated and the payment reissued.
How do I update my direct deposit information?
Complete and submit a Direct Deposit Form to update your direct deposit information. You may print the form from our website, or contact Retirement Plan Services to receive a copy of the form. All updates to direct deposit information must be submitted in writing. We cannot update account information over the phone.
Can I receive a paper check?
To ensure your privacy and enhance payment security, we do not issue paper checks. As an alternative to direct deposit, you may request to receive your pension payment on a Focus Card.