The Department of Employee Trust Funds has announced a two-percent pension payment increase will start in May.
About 200-thousand retired public employees in the Wisconsin Retirement System will benefit. Some retirees will see a four-percent increase. The Wisconsin Investment Board reports money in the more conservative "Core Fund" grew by eight-and-a-half percent last year, while investments in the more volatile "Variable Fund" rose by 10-point-6 percent. Those received the bigger increases had their money in the Variable Fund.