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Updated 1099-R forms sent out on February 10th

Please click here for details.

 

 

ERS OFFICES ARE CURRENTLY CLOSED TO THE PUBLIC

As a precautionary measure related to the COVID-19 (coronavirus) outbreak, the ERS office is currently closed to the public. All in-person meetings and walk-ins are being cancelled at this time until further notice.  If you need assistance, please contact ERS at (414) 286-3557.

 

Please be advised that the ERS’s daily operations and services are NOT interrupted, including the processing of benefit-related updates and annuity payments. Retirement Counseling Sessions and other meetings are currently being conducted by phone at this time.

 

Please email us at norm@cmers.com with your questions. Please be advised that responses may be delayed.

 

 

Fund Update

As of March 31, 2021, the fund value was $5.69 Billion, and the year-to-date return was 3.5%, net of fees.

 

 

1099-Rs for 2020

If you need a replacement 1099-R tax statement for 2020 (or any earlier year), please contact the ERS office. Replacement forms for 2020 will be issued, free of charge, through May 17, 2021.  Any requests for replacements received after that date, and all requests for replacement forms for previous years, will be filled only upon receipt of a $15.00 processing fee per form.  You will need to submit a check payable to the Employes’ Retirement System and a note with your name, mailing address, social security number or payee ID number, and the year(s) for which you will need a replacement.

 

 

Tax Withholding

If you have completed your tax filing for 2020 and discovered that you owe too much or are getting a refund that is bigger than it needs to be, you may want to adjust the amount withheld from your pension payment.  Withholding forms can be obtained by calling our office or by visiting the ERS website www.cmers.com.  On the website, click on the “Forms” button, and then click on the form you want to print.  Go to the second page, print the withholding form, complete it, and send to the address listed on the top of the first page.   If you are unsure how much you should have withheld, please consult a tax professional.  The ERS staff are not allowed to give tax advice.

 

 

Check out the Rest of our Website

You are a member of the ERS, and membership has its privileges. One of those privileges is access to the portion of our website that is all about you. We call it ERS Member Self Service. Click here for more details.

 

Also...

Other recent news can be found on the most recent newsletter.

Other important information can be found on our Frequently Asked Questions page.

Last Update: 4/28/2021

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