ORS State Employees DB - Defined Benefit Plan Overview

ORS State Employees Defined Benefit Plan

Michigan.gov, Official Web Site for the State of Michigan

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>	Three DB Plans

>	Membership

>	Contributions

>	Retirement at a Glance

>	Pension Eligibility

>	Pension Formula

>	Earning Service Credit

>	Adding to Your Service Credit

>	Your Member Statement

>	Beneficiary/Death Benefits

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Defined Benefit Plan Overview

Because it is so essential to plan for retirement early in life, this section of the website 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.

The retirement plan information that appears on this website is intended to summarize basic provisions of Public Act 240 of 1943, 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.