Charters and Public School Academies
Governmental Accounting Standards Board (GASB)
Charters and Public School Academies
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July 01, 2022
Legislative leaders came to an agreement on changes to the working after retirement rules for public school retirees. Those changes are going through the normal legislative process. An analysis of the proposal is available on the Michigan Legislature website.
If this legislation is signed into law, ORS will notify all reporting units via email and our website(s). Direct communications will provide information related to the impact on the tools you use, reporting instructions, and provide estimated timelines for changes. Our website content will be updated immediately.
If this legislation is signed into law, ORS won’t have time to implement the system change immediately based on the law change. This may cause some records to suspend. ORS will provide further instruction regarding how to report.
Watch for additional communications from our office and check the PSRU for notifications.