What's New

  • Update: U.S. Supreme Court Ruling on Same-Sex Marriage

    The U. S. Supreme Court ruling of June 26, 2015 recognizes the marriages of same-sex couples. If you have been recently married, or will be getting married, as a result of this ruling—or if you were previously legally married in a state that recognized same-sex marriage—ORS can help answer questions about your pension and insurance benefits. The easiest way to contact us is to log in to miAccount and send a secure message using the miAccount Message Board. Please be as specific as you can. We’ll research your account and get back with you with answers to your questions and suggestions as to what you need to do next.

    Published July 2, 2015


  • Michigan Supreme Court Action on PA 75 and 3% Healthcare Contributions

    Yesterday's Michigan Supreme Court action will result in the 3% retiree health care contributions for public school employees continuing to be held in escrow. In the court action, the Supreme Court ruled to send the PA 75 case, which deals with the 3% retiree health care contributions made by public school employees prior to 9/4/2012, back to the Court of Appeals. The Supreme Court further directed the Court of Appeals to reconsider the case in light of the ruling on the PA 300 case, which upheld the constitutionality of the 3% retiree health care contributions made by public school employees after 9/4/2012.

    Published July 1, 2015


  • U.S. Supreme Court Ruling on Same-Sex Marriage

    The U. S. Supreme Court decision announced on Friday June 26, 2015 officially recognized same-sex marriages in all 50 states. We are working with the Michigan Attorney General's office and will post more specific information very soon.

    Published June 26, 2015


  • PA 300 Supreme Court Ruling

    The Michigan Supreme Court issued a ruling on April 8th regarding the pension and retiree healthcare elections provided under PA 300 of 2012. The Supreme Court has held that elections made pursuant to that Act (regarding members' elections to participate in and contribute to the retiree healthcare and defined benefit pension plans, respectively) are constitutional. Therefore, ORS will continue to recognize - and give effect to - elections made by members under that Act, and will calculate benefits accordingly.

    This decision, however, does not impact the mandatory 3% retiree healthcare contributions made by members (from July 2010 until September 2012) under PA 75 of 2010. It is anticipated that the Supreme Court will be issuing an order in the near future that specifically addresses the constitutionality of that provision. Until that time, ORS will continue to hold members' contributions in escrow, and will provide additional information to members and reporting units as soon as the Supreme Court renders a decision.

    Published April 9, 2015


  • March 2015 Connections is published

    The new and redesigned March 2015 issue of Connections, our semiannual retiree newsletter is now available. We found a way to give you a more readable and colorful Connections at a lower cost! Articles in this issue include:

    • System Financials
    • Director’s Message
    • Ask the Expert
    • Address Updates in miAccount are Easy

    While you’re at it, you may also want to view the new Connections video.

    Published March 26, 2015


  • 2015 Insurance Rates and Options

    Insurance rates will be mailed by December 10, detailing how much you can expect to pay for insurance in 2015. The change will be reflected starting with your January pension payment. The 2015 insurance options summary is also available by clicking here.

    Have questions about your insurance plan not covered by the Insurance Options Summary? Carriers typically send the annual notice of change and other materials for the upcoming year in November or December. These materials should help you better understand your plan. Should you have further questions please use the chart below to determine who to contact.

    Topics Who to contact
    Billings
    Cards
    Claims
    Co-pays
    Deductibles
    Covered Procedures
    Benefits
    Services
    In-Network vs. Out-of-Network
    Plan changes for 2015
    Your insurance carrier
    Enrollment Questions Office of Retirement Services

  • ORS is now on Twitter

    Come join the conversation online with ORS on Twitter! We'll be sharing helpful information about retirement planning, links to free resources provided by ORS, and news updates - all to help you prepare for retirement. Click here to see the page - make sure you sign in and click the "Follow" button on the page so you'll see our updates: www.twitter.com/MichiganORS

    Published November 14, 2014
  • ORS has a new look!

    Welcome to the new look of the Michigan Public School Employees Retirement System website and miAccount! This update is only one of many we'll be making over the next year to make our site more accessible and easier to use.


    Published May 5, 2014
  • Court of Appeals Rules on 4% MPSERS Contribution

    A unanimous panel of the Court of Appeals ruled that a 2012 law requiring teachers and other public school workers to contribute to their retirement plans was constitutional. The court upheld an earlier finding by the Court of Claims that allowed the measure, PA 300 of 2012, to stand. Under the law, teachers who remained in the basic retirement system began contributing 4 percent of their salary to their pension.

    At this time, we don’t have updates on any court decisions regarding the 3% healthcare contribution.

    Published on January 15, 2014


  • Change to prescription drug plan for Medicare retirees starts January 1, 2014

    If you are currently receiving your prescription drug services through Express Scripts, your carrier is changing to Catamaran on January 1, 2014. Use your Express Scripts cards until December 31, 2013. You will receive new cards in the mail by January 1. Mail order services will still be provided by Express Scripts in 2014.

    Published November 14, 2013
  • 2014 Insurance rates, chart, info, updated for Public School Retirees

    The insurance rates for public school retirees who retired after January 1, 2013 and for retirees who were not age 65 as of January 1, 2013 are available. View the rates now.

    The Insurance Options Summary (R0379C) has been updated with 2014 insurance information. This form compares different insurance options available for public school retirees, giving a side-by-side summary of each option, as well as contact information for the insurance providers. Read the new summary now.

    Information on rates, options, and subsidy levels will be mailed to members in early December. For more detailed information on insurance coverage, please contact the health care provider directly.

    Published November 14, 2013


  • Rules for Working After Retirement Have Changed

    If you are thinking about returning to work after you retire, please note the rules have changed: Effective December 27, 2012, a new law (as now added to MCL 38.1361) outlines additional rules for public school retirees returning to work as instructional coaches, school improvement facilitators, or substitute teachers. The law also reinstates the critical shortage provision. See the Working After You Retire page for detailed information about how returning to work may affect your pension.

    Published April 5, 2013
  • UPDATE - Defined Contribution (DC) plan and Personal Healthcare Fund accounts

    What's New - 3% Healthcare Contribution Refund for Participants in the Personal Healthcare Fund (PHF)

    If you first worked before September 4, 2012, and elected to switch to the DC plan or elected the Personal Healthcare Fund, your State of Michigan 401(k) and 457 Plan accounts will be set up with Voya Financial® as of your transition date - the exact date depends on your school district's payroll cycle. You will receive the password you'll need to manage your accounts by early April. If you have any questions related to your State of Michigan 401(k) and 457 Plan accounts, contact Voya® at (800) 748-6128.

    Published March 12, 2013
  • 3% Healthcare Contribution Refund for Participants in the Personal Healthcare Fund (PHF)

    What's New - 3% Healthcare Contribution Refund for Participants in the Personal Healthcare Fund (PHF)

    If you are an active Michigan public school employee who elected the Personal Healthcare Fund under the recent retirement reform (PA 300 of 2012), your 3 percent employee contribution to the Retiree Healthcare Fund, which started in July, 2010, ceases as of the day before your transition date, which would be the first day of the pay period that begins on or after February 1, 2013. The amount of the healthcare contributions you made between September 4, 2012 and your transition date will be paid to your 401(k) account no later than your first pay date after March 1, 2013. The amount of any Retiree Healthcare Fund contributions you made before September 4, 2012, remain in escrow by court order until the litigation against PA 75 of 2010 is settled. This case has been appealed to the Michigan Supreme Court. Once the lawsuit has been resolved, the contributions you made during that time will be returned to you.

    Published March 5, 2013
  • Senate Bill 1360 Passes, Election Deadline of January 9, 2013 Confirmed

    The Governor recently signed SB 1360 that reforms the Michigan Public School Employees' Retirement System (MPSERS). This legislation closes the pension and retiree healthcare reform election window at 5:00 p.m. EST, on Wednesday, January 9, 2013, and changes the transition date to February 1, 2013.

    If you have made your election choices, you can review them anytime by logging in to miAccount . Changes to your elections are permissible as long as the election window remains open.

    If you have not made your election choices, we encourage you to log in to miAccount to understand your choices and make your elections while the window remains open.

    Published on December 14, 2012