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ORS Public School Employees - Office of Retirement Services: School Employees | DTMB Office of Retirement Services: School Employees | DTMB
Office of Retirement Services: School Employees | DTMB
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What's New
  • 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

  • 2014 1099-R available in miAccount

    1099-R statements for 2014 are now available in miAccount. Log in and click on Pension Payments to access your statement. A printed statement will be mailed by the end of January.

    Published on December 30, 2014

  • 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. Click 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
    Covered Procedures
    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:

    Published November 14, 2014
  • The New Meeting Schedule is Out Now

    We have many Preretirement Information Meetings and Picture Your Future Workshops on the calendar for the 2014/2015 school year.

    Attend a Preretirement Information Meeting (PRIM) if you are five or fewer years from retirement. If you are six to ten years from retirement, kick your planning into high gear by attending a Picture Your Future Workshop (PYF).

    Check the schedule of upcoming meeting and click on Webinars and Seminars.

    Published September 22, 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

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.

Copyright © 2015 State of Michigan