Working at UW Hospital and Clinics - Retirement and Savings

Wisconsin Retirement Plan

UW Hospital and Clinics employees are enrolled in the Wisconsin Retirement System on their first day of work. UW Hospital and Clinics invests an amount equal to approximately ten percent of an employee’s annual income plus pays for all administrative fees. Employees do not have to contribute any amount to this robust pension plan.

Supplemental Retirement Plans

UW Hospital and Clinics employees who desire to save more for their retirement can chose to contribute pre-tax earnings to tax-deferred 403(b) and 457 retirement plans.

College Savings Plan

UW Hospital and Clinics employees have the option to enroll in EdVest, the state-sponsored Section 529 college savings program. There are a variety of market-based investment options. Employees can select a portfolio based on their personal risk tolerance or the length of time until their children start college.