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 - May

Greetings Milwaukee County Retirees!

Thank you for taking the time to read this month’s edition of The Communicator. We hope you have had an opportunity to review the Annual Pension Board Meeting content that has been on the Retirement Plan Services website for the month of May. For those of you who have not gotten a chance, time is running out! We will update the website on June 11 and at that point, the content will no longer be posted.

As for the RPS team, we have been continuing to use a hybrid telework/in-office approach as local mask and capacity restrictions are being lifted. We are excited to get back into the office full time and are awaiting direction from county leadership regarding our own reopening. We hope to be able to offer in-person services soon (with proper precautions and safety measures) and will make an announcement in The Communicator when that happens.

As we approach Memorial Day, we would like to take a moment to offer a special thank you to all who have served our country. We recognize the sacrifices that were made to ensure our freedom and we have immense pride in our many retirees who served in the military.

To all who have served, we thank you for your service.

Previous Editions

April Communicator

March Communicator

February Communicator

Milwaukee County Pension Board

Members

David Robles, Chairperson
Fernando Aniban
Jeffrey Gollner
Elena LaMendola
Ron Nelson
Himanshu Parikh
Nicole Best

Contact a Board Member

Current Meeting Minutes and Agendas

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.

Board Meeting

June Agenda | May Minutes

May Agenda | May Minutes

April Agenda | April Minutes

Investment Committee Meeting

May Agenda | May Minutes

February Agenda | February Minutes

Actuarial, Audit and Risk Committee Meeting

June Agenda | June Minutes

March Agenda | March Minutes

Governance Committee

January Agenda | January Minutes

November Agenda | November Minutes

Appeals and Rules Committee

May Agenda | May Minutes

March Agenda | March Minutes

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

Pension Chair Charters

Investment Committee

The Investment Committee - Reviews investments, asset allocation, portfolio performance by investment managers, and investment policy. The operation of this committee is fundamental to the investment performance of the pension fund.

The Chairperson is Trustee Ron Nelson

Actuarial, Audit and Risk Committee

The Actuarial Audit and Risk Committee - Oversees the internal audit activities and services, whether by outside auditors of Milwaukee County. Responsibility includes work with audit or actuarial firms as well as providing for review and recommendations to the Pension Board.

The Chairperson is Trustee Fernando Aniban

Appeals and Rules Committee

The Appeals and Rules Committee - Provides hearings for members appealing determinations by ERS. Reviews rules and proposed changes. The committee forwards recommendations for Pension Board consideration on the matters heard by the committee.

The Chairperson is Trustee David Robles

Governance Committee

The Governance Committee - Responsibility for review of Board and Committee charters, Board member training, evaluation, and education, communication with “stakeholders” – which includes policy makers, retirees, vested members, Retirement Plan Services, and those effected by Pension Board policy and operation. It also includes Pension Board and RPS strategic planning.

The Chairperson is Trustee Elena LaMendola

* In November and December of 2021, all meetings are one week earlier due to the holidays.

A full list of 2021 Pension Board meeting dates can be found here.

Retirements Processed

Congratulations to our newest retirees!

 

Daniel Ackmann Wesley Boone Donald Brickner Luetta Czysz
Edward Domask Douglas Hardy Melvin Jackson Wayne Koepke
Todd Pare Kim Putnam Lisa Taylor Willie Watkins
       
     

 

       
 

View Full Report

Pension Payments

Upcoming Payment Processing Dates

June 30, 2021
July 30, 2021
August 31, 2021
September 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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