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ORS Public School Employees Retirement SystemMichigan.gov, Official Web Site for the State of Michigan
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Member Billing Statement

Glossary of Terms

Important Note:

You must have a current bill to purchase service credit.

For most service credit types, you'll start with one of the application forms found under Forms and Publications

If you're seeking to purchase UBI (universal buy-in) service, you don't need to complete an application form. Simply log in to miAccount or contact ORS to request a Member Billing Statement.

If you're seeking a repayment of refunded contributions, contact ORS either by phone or through the miAccount Secure Message Board to request a Member Billing Statement. Be sure to specify that you want to repay a refund, and give us your approximate dates of employment for the refund period along with your full name and address.

For all other service credit types you'll start with one of the application forms found under Forms and Publications. ORS will review your records upon receiving the completed application and any required documentation. We will check your eligibility and determine if the credit has no cost or if a purchase is necessary. If the credit has no cost, you will receive a letter stating the service credit type and amount being credited to your account. If you must purchase the service, you will receive a Member Billing Statement.

The Member Billing Statement outlines the type of service you can purchase, how much, the cost, and the due date. Although it is called a billing statement, you're not obligated to buy the credit, nor are you obligated to purchase by the due date shown. However, if you don't purchase the service credit reflected on your "bill" before the due date, you will have to request another billing statement with updated cost information. Dad with Son on Feet

When we mail your Member Billing Statement, we'll send along instructions and forms you may need to initiate your purchase.

Remember, service credit can never be purchased or granted after you have terminated your public school employment.



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The retirement plan information that appears on this website is intended to summarize basic provisions of Public Act 300 of 1980, as amended.
Current laws, rates, and factors are subject to change. Should there be discrepancies between the information reflected here and the actual law,
the provisions of the law govern.



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