Department Overview ETF administers the Wisconsin Retirement System (WRS), the group health insurance program for State employees and many local governments, and a variety of other public employee benefit programs. The $128 billion WRS is fully funded and consistently ranks among the top 10 largest public pension funds in the United States, providing benefits for nearly 700,000 current and former State and Local public employees and their beneficiaries. Participants include current and former employees from over 1,600 employers, which include State of Wisconsin agencies, Universities of Wisconsin, participating local governments and school districts. Independent governing boards oversee ETF, and funds are held on behalf of benefit program beneficiaries in the Public Employee Trust Fund created and regulated under Chapter 40 of the Wisconsin Statutes. ETF’s mission is to develop and deliver quality benefits and services to our customers while safeguarding the integrity of the Trust. ETF’s vision is to enhance the well-being of our members by delivering expert guidance, strong, sustainable benefit programs, and an exceptional customer experience.