US public pension profile· WRS
Wisconsin Retirement System
Funding, investment choices and long-term returns.
Wisconsin ·Fiscal year 2025
WRS: fiscal year 2025 at a glance
- Assumed investment return
- 6.80%
Asset allocation in 2025
Returns to 2025
WRS: size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | USD 59.2 billion | 485,829 | 96.50% | 8.00% |
| 2002 | USD 51.7 billion | 496,636 | 97.10% | 8.00% |
| 2003 | USD 62.1 billion | 505,572 | 99.20% | 7.80% |
| 2004 | USD 67.9 billion | 513,945 | 99.40% | 7.80% |
| 2005 | USD 71.5 billion | 522,513 | 99.50% | 7.80% |
| 2006 | USD 80.4 billion | 531,404 | 99.60% | 7.80% |
| 2007 | USD 84.7 billion | 541,320 | 99.60% | 7.80% |
| 2008 | USD 59.4 billion | 547,258 | 99.70% | 7.80% |
| 2009 | USD 70.0 billion | 556,158 | 99.80% | 7.80% |
| 2010 | USD 75.9 billion | 562,001 | 99.80% | 7.20% |
| 2011 | USD 73.9 billion | 570,612 | 99.90% | 7.20% |
| 2012 | USD 81.1 billion | 578,915 | 99.90% | 7.20% |
| 2013 | USD 89.9 billion | 587,100 | 99.90% | 7.20% |
| 2014 | USD 92.1 billion | 595,991 | 99.52% | 7.20% |
| 2015 | USD 88.5 billion | 613,834 | 98.64% | 7.20% |
| 2016 | USD 92.6 billion | 614,752 | 99.01% | 7.20% |
| 2017 | USD 104.4 billion | 624,636 | 99.49% | 7.20% |
| 2018 | USD 96.7 billion | 635,837 | 98.63% | 7.00% |
| 2019 | USD 112.1 billion | 645,649 | 98.58% | 7.00% |
| 2020 | USD 125.0 billion | 650,227 | 99.14% | 7.00% |
| 2021 | USD 141.8 billion | 660,643 | 99.34% | 6.80% |
| 2022 | USD 118.4 billion | 675,154 | 98.84% | 6.80% |
| 2023 | USD 127.7 billion | 688,825 | 98.61% | 6.80% |
| 2024 | USD 134.5 billion | 700,522 | 98.13% | 6.80% |
| 2025 | Not reported | Not reported | Not reported | 6.80% |
WRS: asset allocation over time
| Fiscal year | Public equity | Fixed income | Private equity | Real estate | Hedge funds | Cash |
|---|---|---|---|---|---|---|
| 2001 | 59.60% | 31.31% | 4.04% | 4.04% | 0.00% | 1.01% |
| 2002 | 57.43% | 31.68% | 4.95% | 3.96% | 0.00% | 1.98% |
| 2003 | 62.38% | 26.73% | 2.97% | 3.96% | 0.99% | 2.97% |
| 2004 | 63.00% | 29.00% | 3.00% | 3.00% | 2.00% | 0.00% |
| 2005 | 65.00% | 26.00% | 3.00% | 4.00% | 2.00% | 0.00% |
| 2006 | 63.00% | 28.00% | 3.00% | 4.00% | 2.00% | 0.00% |
| 2007 | 59.46% | 29.73% | 4.20% | 4.90% | 1.40% | 0.30% |
| 2008 | 52.05% | 31.67% | 7.29% | 6.09% | 1.80% | 1.10% |
| 2009 | 57.10% | 28.50% | 6.70% | 4.00% | 3.30% | 0.40% |
| 2010 | 55.04% | 29.57% | 7.59% | 4.50% | 2.60% | 0.70% |
| 2011 | 50.00% | 30.90% | 8.30% | 6.20% | 3.90% | 0.70% |
| 2012 | 48.04% | 32.35% | 6.86% | 6.86% | 4.90% | 0.98% |
| 2013 | 49.04% | 32.69% | 5.77% | 6.73% | 4.81% | 0.96% |
| 2014 | 46.23% | 33.02% | 7.55% | 6.60% | 5.66% | 0.94% |
| 2015 | 47.84% | 35.43% | 7.61% | 6.77% | 2.35% | 0.00% |
| 2016 | 46.79% | 37.61% | 8.26% | 6.42% | 0.92% | 0.00% |
| 2017 | 46.36% | 37.27% | 8.18% | 5.46% | 2.73% | 0.00% |
| 2018 | 44.54% | 36.36% | 9.09% | 7.27% | 2.73% | 0.00% |
| 2019 | 44.95% | 36.70% | 9.17% | 6.42% | 2.75% | 0.00% |
| 2020 | 44.54% | 36.36% | 10.00% | 6.36% | 2.73% | 0.00% |
| 2021 | 42.61% | 36.52% | 12.17% | 6.09% | 2.61% | 0.00% |
| 2022 | 37.39% | 37.39% | 15.65% | 9.56% | 0.00% | 0.00% |
| 2023 | 35.96% | 37.72% | 17.54% | 8.77% | 0.00% | 0.00% |
| 2024 | 33.33% | 39.64% | 18.92% | 8.11% | 0.00% | 0.00% |
| 2025 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
WRS: investment returns
Each year shows the return over the preceding one, five and ten years.
| Fiscal year | One year | Five years | Ten years |
|---|---|---|---|
| 2001 | -5.40% | Not reported | 11.40% |
| 2002 | -8.80% | 3.20% | 8.30% |
| 2003 | 24.20% | 4.90% | 9.10% |
| 2004 | 12.80% | 4.40% | 10.50% |
| 2005 | 8.50% | 6.30% | 9.10% |
| 2006 | 15.80% | 9.90% | 9.20% |
| 2007 | 8.70% | 13.90% | 8.40% |
| 2008 | -26.20% | 2.60% | 3.80% |
| 2009 | 22.40% | 4.30% | 4.30% |
| 2010 | 12.40% | 5.00% | 5.60% |
| 2011 | 1.40% | 2.30% | 6.00% |
| 2012 | 13.70% | 3.20% | 8.40% |
| 2013 | 13.60% | 12.50% | 7.40% |
| 2014 | 5.70% | 10.90% | 5.20% |
| 2015 | -0.40% | 6.70% | 5.80% |
| 2016 | 8.60% | 8.10% | 5.20% |
| 2017 | 16.20% | 8.60% | 5.90% |
| 2018 | -3.30% | 5.20% | 8.80% |
| 2019 | 19.90% | 7.80% | 8.50% |
| 2020 | 15.21% | 10.74% | 8.51% |
| 2021 | 16.89% | 12.47% | 10.10% |
| 2022 | -12.92% | 6.16% | 7.25% |
| 2023 | 11.40% | 9.29% | 7.09% |
| 2024 | 8.50% | 7.20% | 7.40% |
| 2025 | Not reported | Not reported | Not reported |