PSRU

Welcome!

  • Welcome!

    The Employer Information website provides resources and information for Michigan public schools, community colleges, and some public school academies, charter schools, libraries and universities in the Michigan Public Schools Employee Retirement System. Here you will find links to websites used to report to the Office of Retirement Services, as well as communications and resources developed to assist you in reporting.

New Hire Retirement Plan Resources

  • New Hire Retirement Plan Resources

    New hires who are not already members of the Michigan Public School Employees' Retirement System have a decision to make for their future retirement plan. They have 75 calendar days from the first payroll end date to decide which retirement plan best meets their needs:

    • The Pension Plus 2 retirement plan, or
    • The Defined Contribution (DC) retirement plan.

     

    New hires can get full details and guidance for their plan options at PickMiPlan, including the Retirement Plan Election Guide and the Retirement Plan Decision Guide.

     

    Here is a sample message you can send to your new hires that will point them to all the resources they will need to make an informed decision:

     

    Welcome!

    As a new employee at [school or organization name], you have a decision to make about your future! Please review the information available at PickMiPlan.org to understand your options and consider what fits you best.

    About three to five weeks after the first day you work, you'll receive a letter from the Michigan Office of Retirement Services (ORS) with information, including an account numbers, you'll need to make your election on miAccount. In the meantime, we hope you'll review the information and consider your future.


Featured