What's New

  • Form 1095-B Mailing

    Everyone enrolled in our retiree non-Medicare PPO health care plan (administered by Blue Cross Blue Shield of Michigan) at any time in 2016 will receive Form 1095-B in the mail from the Office of Retirement Services. The statements will begin mailing this week and wrap up no later than January 30th, 2017. You should receive the statement in 3-5 business days after it hits the mail. 

    Health Maintenance Organizations (HMOs) and Medicare are responsible for providing Form 1095-B to anyone covered by either of those entities at any time during 2016.

    Form 1095-B is a health coverage statement, required by the Internal Revenue Service (IRS). The form is used to report health coverage of individuals who meet minimum essential coverage standards to the IRS on income tax returns. It is your responsibility to make copies of the 1095-B form for your spouse and/or dependents. For specific guidance on information found on the 1095-B statement, contact your tax professional or the IRS.

    The IRS has published some general questions and answers about the health care reporting forms, including what to do with them.

    Published on January 25, 2017

  • 2016 1099-R available in miAccount

    1099-R statements for 2016 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 January 9, 2017

  • New Tool Helps Retirees Who Are Returning to Work

    You can use the Pension Impact Estimator to determine what effect, if any, working after retirement has on your pension. This tool is designed so that you answer a series of questions and, at the end, receive an answer as to how your pension is impacted by your work. Use this tool before returning to work, or while you’re planning your retirement strategy. 

    working after retirement pension impact estimator

    Published November 14, 2016

  • State appeals ruling on PA 75 and 3% healthcare contributions

    On July 19, 2016, the state filed a formal request to the Supreme Court to hear an appeal of the Court of Appeals (COA) ruling on PA 75 and the 3 percent healthcare contributions for public school employees. In June 2016, the COA ruled that PA 75 was unconstitutional and ordered the refund of contributions that had been deducted from public school employees pay during the period the statute was in effect (2010 to 2012). In the meantime, the contributions at issue are being held in an escrow account pending a final decision of whether they should be applied to the healthcare trust, along with other member and employer contributions, to provide investment funding for retiree healthcare.

    Originally published July 20, 2016