Employee Benefits
Wisconsin Deferred Compensation
The Wisconsin Deferred Compensation Program (WDC) is a supplemental retirement savings program, regulated by Section 457 of the Internal Revenue Code (IRC). It is available to all State and University of Wisconsin employees as well as employees of local governments and school districts in Wisconsin that have elected to offer the WDC.
The WDC provides eligible employees with the opportunity to invest a portion of their annual earnings on a tax-deferred basis to supplement retirement income. Sec. 457 of the IRC sets forth certain limitations and restrictions that must be followed including the amount of compensation that can be deferred, as well as when and how account balances can be distributed.
The WDC program is administered by the Wisconsin Department of Employee Trust Funds (ETF) through a third-party admnistrator Great West Retirement Services.
WDC Overview (ETF website)
WDC website
For information regarding the program, or how to enroll, contact the Plan Administrator's office at:
Wisconsin
Deferred Compensation Program
5325 Wall Street, Suite 2755
Madison, Wisconsin 53718-7982
Madison local: 608-241-6604
Toll Free: 1-877-457-9327
E-mail:
wdcprogram@gwl.com
TTY # for the hearing or speech impaired:
1-800-766-4952
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This document was last revised on August 20, 2009
