Human Resources
 

Retirement Benefits

Pension and Deferred Compensation Income, Insurance and Lifestyle Support

Retirement Readiness

Employee Pensions

Employees may be eligible for the ERS or the OBRA System.

Forms  |  Ordinance

Contact RPS

Retirement Self Service

Deferred Compensation

Employees may voluntarily participate in the Deferred Compensation (457b) Plan for more retirement savings.

Contact Empower

Pension Governance

Pension Board

The 10-member Pension Board invests the assets of the pension fund and interprets ordinances regarding the pension benefit.

Members  |  2021 Meeting Dates


Image of current newsletter issueFrom the Director's Desk - December

Hello Milwaukee County Retirees,

What an eventful year it has been! In RPS, 2020 presented its challenges but has also shown us how resilient we can be. Despite the pandemic, social unrest, natural disasters, and uncertainty about the length and breadth of these challenges, we have continued to remain committed to our responsibilities as Milwaukee County employees. RPS’s top priority is administering Milwaukee County’s pension benefits with accuracy. Please rest assured that the pension fund remains in good health – recovering to pre-COVID levels even after 10 months of benefit payments being issued – and pension benefit payments are secure.

Looking forward to 2021, we are planning to continue improving our services offered and have developed our next strategic plan. The next strategic plan goals include improved reporting and benchmarking for our customer service center as well as administrative efficiencies.

In early 2021, you can also expect your annual 1099R mailing. 1099Rs will be sent by Jan. 31, 2021, and requests for resends will be accepted starting Feb. 15.

If you have questions, comments or concerns regarding your pension, please let us know. Contact us by email or phone (414) 278-4207. We are here to help.

Happy New Year!

Previous Editions

November Communicator

October Communicator

September Communicator

Milwaukee County Pension Board

Members

David Robles, Chairperson
Laurie Braun,Vice Chairperson
Fernando Aniban
Jeffrey Gollner
Elena LaMendola
LaValle Morgan
Ron Nelson
Himanshu Parikh
Nicole Best

Contact a Board Member

Current Meeting Minutes and Agendas

Board Meeting

December Agenda | December Minutes

November Agenda | November Minutes

September Agenda | September Minutes

Investment Committee Meeting

December Agenda | December Minutes

October Agenda | October Minutes

September Agenda | September Minutes

Actuarial, Audit and Risk Committee Meeting

January Agenda | January Minutes

December Agenda | December Minutes

October Agenda | October Minutes

Governance Committee

January Agenda | January Minutes

November Agenda | November Minutes

September Agenda | September Minutes

Appeals and Rules Committee

January Agenda | January Minutes

November Agenda | November Minutes

September Agenda | September Minutes

Contact RPS for Pension Board meeting minutes and agendas from prior months.

Pension Board Meeting Schedules

In light of the recent growth of the COVID-19 pandemic, meetings will be conducted virtually. Refer to meeting agendas for information on how to access the virtual meeting.
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 second 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 second Thursday of each month starting at 1:30 p.m. the Milwaukee County Courthouse, 901 N. 9th St., Room 210 CA.

* In November and December of 2020, all meetings are one week earlier due to the holidays.

A full list of 2020 Pension Board meeting dates can be found here.

Retirements Processed

Congratulations to our newest retirees!

 

Constance Braun Patricia Hardin Gregory High Randolph Mifko
Dianne Saunders Robert Stelter    
       
       
 

View Full Report

Pension Payments

Upcoming Payment Processing Dates

January 29, 2021
February 26, 2021
March 31, 2021
April 30, 2021

 

 

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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.

MILWAUKEE COUNTY DEPARTMENT OF HUMAN RESOURCES

Milwaukee County Courthouse
901 N. 9th St. Room 210
Milwaukee, WI 53233
(414) 278-4143 (Main Phone)
(877) 652-6377 (Main Toll Free)
(414) 223-1379 (Fax)
Email

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