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.