Welcome to the ORS website for state of Michigan employees who are in the Defined Benefit plan. (Not sure if you're in the Defined Benefit or 401(k) Defined Contribution plan? Click here).
We encourage you to and come back often for important information.
The IRS published the 2018 income tax withholding tables on January 11, 2018. The 2018 federal tax rates have been updated within our system and you will see the changes to your federal tax withholding deduction beginning with your February 2018 pension payment. You will likely see a decrease in your federal tax withholding deduction based on the new rates and therefore you will see an increase in your net pension amount starting with your February 2018 pension payment. There are no changes to your State of Michigan tax withholding for 2018.
To view or change your tax withholding selections in miAccount, click the Pension Payments tab, then click Tax Withholding.
If you have further questions about tax changes for 2018 you may wish to consult your own tax advisor.
Published on January 26, 2018
Everyone enrolled in our retiree non-Medicare PPO health care plan (administered by Blue Cross Blue Shield of Michigan) at any time in 2017 will receive Form 1095-B in the mail from the Office of Retirement Services. The statements will be mailed in January and should be received in households by January 30, 2018.
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 2017.
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 17, 2018
Other Items of Interest
- Tutorials, Webinars, and Seminars
ORS is committed to serving members and employees today and preparing them for tomorrow. With this in mind, we are now offering the following opportunities to learn about your pension plan. See the tabs below for ways you can help yourself learn more.
- Comprehensive Annual Financial Reports (CAFRs)
The Comprehensive Annual Financial Reports contain a wealth of interesting figures and statistics about the State Employees' Retirement System.
Read the latest Connections, the newsletter we deliver twice a year to our retirees.
- Retirement Act: Public Act 240 of 1943
The operation of State Employees' Retirement System is controlled by the State Employees' Retirement Act- Public Act 240 of 1943, as amended.