Racing fans packed State Park Speedway in Rib Mountain Saturday. It was the first day of the racing season and a chance for fans to remember racing icon, Dick Trickle.More >>
Racing fans packed State Park Speedway in Rib Mountain Saturday. It was the first day of the racing season and a chance for fans to remember racing icon, Dick Trickle. People at the track observed a moment of silence for Trickle. He died Thursday in an apparent suicide at the age of 71. Race organizers said the event brought in more than 1,500 fans to watch the season's opening race and to remember Trickle's successful career."More >>
Motorcycles rumbled through central Wisconsin Saturday for the 10th annual Wausau Fire Charity Ride.More >>
MADISON (AP) -
Retired public employees in Wisconsin could see their monthly payments decrease as much as 13% next year.
The Department of Employee Trust Funds says in preliminary estimates that monthly payments to investors in the Wisconsin Retirement System's Core Fund are projected to either remain the same or drop up to 13%.
All of the roughly 167,000 people in the system get at least half of their pension in a Core Fund annuity.
Payments from the fund have dropped four years in a row, including 7% this year.
The fund's investments are still recovering from a more than 26% drop in 2008. Returns are smoothed out over a 5-year period.
The exact amount that annuities will be adjusted will be released in March.
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