Defined Benefit Plan Overview

Members of the state of Michigan’s Defined Benefit plan (primarily covering state employees hired before March 31, 1997), are eligible for one of the best public retirement pensions around. Because it is so essential to plan for retirement early in life, this section of the web site aims to give you enough information about your pension so that between your pension, social security, and personal savings, your retirement is all you hope it will be. 

Administration of the Plan

The operation of Michigan's State Employees’ Retirement System is controlled by the State Employees' Retirement Act (Public Act 240 of 1943), as amended. Any changes to the Act require passage by the Michigan Legislature.

In the image below, Mr. Mac, representing a state employee, shows how PA 240 is administered.