Updated
Updated · etf.wi.gov · May 28
Wisconsin ETF Names Diana Felsmann Secretary for 704,000-Member Pension System
Updated
Updated · etf.wi.gov · May 28

Wisconsin ETF Names Diana Felsmann Secretary for 704,000-Member Pension System

1 articles · Updated · etf.wi.gov · May 28

Summary

  • Diana Felsmann will become Wisconsin ETF secretary on July 26, replacing John Voelker as the agency overseeing benefits for 704,000 Wisconsin Retirement System members.
  • Nearly 15 years at ETF and more than 25 years as an attorney helped drive the board’s choice, after Felsmann served as deputy secretary since 2025 and earlier as chief legal counsel.
  • John Voelker is stepping down in July after more than 12 years at ETF and 39 years in public service, with Felsmann pledging to preserve the system’s funding strength and continue modernization.
  • The leadership handoff comes at a large, well-funded pension system: WRS held $159 billion in assets as of April 30 and paid $7.6 billion in 2024 benefits, with about 78% funded by investment returns.

Insights

As AI reshapes the workforce, how will Wisconsin's new leader future-proof its $159 billion retirement system?
Can Wisconsin’s pension fund boost the state's economy without compromising its impressive investment returns?