Types of Service Credit
Rounding Out Your Retirement Plans
When your retirement application is processed, we forward your insurance information to the health, prescription drug, dental, and vision insurance carriers. You should receive insurance identification cards and materials a few weeks after your pension begins.
As a retiree, your state-sponsored life insurance continues for you and your dependents at no charge to you. Your coverage is 25 percent of the coverage you carried when you left work; your dependents' policies are capped at $1,000 each.
To view Long-Term Care Insurance (LTC) plan details, visit the Employee Benefits Division of the Michigan Civil Service Commission under Retiree Eligibility. If you previously enrolled in a state-sponsored LTCI plan with LifeSecure, Prudential or MetLife, you can call the vendor directly. For the LifeSecure Indiv
Eligible dependents for health, dental, and vision insurance plans include your spouse (as long as he or she is not also separately enrolled as an eligible state employee or retiree) and your unmarried children by birth, legal adoption, or full legal guardianship.
The Benefits for Life, the retiree-paid, optional coverage program offered through the state of Michigan offers you the opportunity to apply for coverage in key benefit areas. These offerings do not replace your state-sponsored benefit plans. Instead, the program offers additional financial protection with premiums payable through the convenience of pension deduction. Because the plans are optiona
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In this section, we provide you with the specifics on how to initiate a service credit purchase and the three ways to pay for the service credit. Before you begin the process of purchasing service credit, be sure to do the research and find out what types are available for you to purchase. See Types of Service Credit for details of each service credit type.
For all other service credit types, start with one of the application forms (found under Forms and Publications). ORS will review your records upon receiving the completed application and any required documentation. We will check your eligibility and determine if the credit has no cost or if a purchase is necessary. If the credit has no cost, you will receive a letter stating the service credit type and amount being credited to your account. If you must purchase the service credit, you will receive a member billing statement.
The member billing statement outlines the type of service credit you can purchase, how much service credit is available, the cost, and the due date. Although it is called a billing statement, you're not obligated to buy the credit, nor are you obligated to purchase by the due date shown. However, if you don't initiate a purchase of the service credit before the due date and decide to purchase later, you will have to request another billing statement with updated cost information.
When we mail your member billing statement, we'll send along instructions and forms you may need to initiate your purchase.
Remember, service credit can never be purchased or granted after you have terminated your state employment.
Important Information |
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Your member billing statement must be current to purchase service credit. Statements expire at the end of the fiscal year on Sept. 30. |