We provided unmodified opinions on the financial statements and related notes prepared by the Department of Employee Trust Funds (ETF) for the Wisconsin Retirement System (report 22-13), the Retiree Life Insurance programs (report 22-15), and the Supplemental Health Insurance Conversion Credit (SHICC) Program (report 22-18). The fiduciary net position of the WRS increased by 13.5 percent and was $141.8 billion as of December 31, 2021. As of December 31, 2021, the fiduciary net position of the State Retiree Life Insurance program was $319.6 million, the fiduciary net position of the Local Retiree Life Insurance program was $248.2 million, and the fiduciary net position of the SHICC program was $1.4 billion. We also provided unmodified opinions on the employer schedules and related notes prepared by ETF for the Wisconsin Retirement System (report 22-14), the State Retiree Life Insurance program (report 22-16), the Local Retiree Life Insurance program (report 22-17), and the SHICC Program (report 22-19).
www.legis.wisconsin.gov/lab AskLAB@legis.wisconsin.gov(608) 266-2818 • Hotline: 1‑877‑FRAUD‑17
