The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer.
How will changes to member contributions help control future costs?
The pension contributions for the normal cost of Pension Plus 2 will be divided 50/50 between the employer and employee. (The normal cost represents the cost of pensions for active employees earning another year of service credit in the retirement system.) If any future liability emerges on this plan, contributions to cover that cost will be shared 50/50 by members and employers as well. This means that member contribution rates could rise in the future to help cover costs.