Category: The state

PROFS Forum Available Online

The PROFS forum on the Wisconsin Retirement System (WRS) will be available to watch live via Discovery WebEx. The password for the PROFS WRS Forum is 32712. You may be asked to run Java Applet installer, which will take about…

PROFS to Host Forum on WRS

As PROFS  noted last month, much has recently appeared in the media about possible changes to the Wisconsin Retirement System (WRS). PROFS has assembled a panel of three experts to discuss WRS and what steps would have to be taken…

Changes to WRS?

Wisconsin Act 32, the 2011-13 biennial budget, calls for a study of the Wisconsin Retirement System (WRS). The study, due June 30, will examine the establishment of a defined contribution plan, like a 401(k), as an option for participating employees.…

Former UW Administrator Named Head of SWIB

Michael Williamson, a former University of Wisconsin-Madison administrator, has been named executive director of the State of Wisconsin Investment Board. He will begin his duties in June. Williamson is currently deputy directory of the District of Columbia Retirement Board and…

Joint Finance Committee to Vote on Lapse Proposal Today

The Legislature’s Joint Finance Committee will meet today at 1 pm to vote on the Department of Administration’s plan for a $174.3 million budget lapse. The lapse is part of Act 32, the 2011-13 biennial budget that passed last summer.…

February Board of Regents Meeting

The University of Wisconsin System Board of Regents met in Madison last Thursday and Friday for a regularly scheduled meeting. UW System staff presented Strategies for Cost Containment and Improved Educational Attainment, a report that details the relationship between falling…

Milwaukee Journal Sentinel Encourages Greater UW Flexibility

A February 5 editorial in the Milwaukee Journal Sentinel argued for increased flexibility for the University of Wisconsin System: The universities should have more room to set their own tuition, more room to do their own purchasing, more room to…

Legislative Outlook

Fewer than six months remain in the 2011-12 legislative session, and PROFS continues to monitor and lobby on legislation that affects UW-Madison and its faculty. PROFS has taken positions on more than a dozen bill this session, and several may…