Monthly Retiree Deducations
As a courtesy and convenience to our retirees WRS has approved vendors for whom we can set up a monthly deduction out of your benefit payment each month. This will ensure your monthly insurance premiums or association dues are paid without you having to remember to pay them yourself.
Starting Deductions
To set up deductions from your pension you will need to contact the vendor directly to complete any paperwork they may have. The vendor will then let us know the amount, and when to start, change or stop deductions. Please refer to the Vendor Contact List in the right-hand menu for contact information for our current approved vendors. If you do not see your preferred vendor on the list, they are not currently a vendor in our system. You can recommend they contact WRS.
Stopping Deductions
If you currently have a deduction from your benefit that you wish to stop, you will need to contact the vendor directly and they will notify WRS to stop the deduction. Please refer to Vendor Contact List in the right-hand menu for current contact information.
Issue on Amounts
If you don’t agree with the amounts being deducted from your benefit you will need to contact the vendor directly. Please refer to Vendor Contact List in the right-hand menu for current contact information.
Deductions more than Pension
In the event your monthly deductions are more than your benefit payments, WRS will have to shut all deductions off for the vendor with the largest deduction. In this case, it is very important that you contact the vendor to arrange direct payment.
Vendor Contact List
Taxes & 1099-R
Information on taxes, tax withholdings and your IRS Form 1099-R.