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We administer retirement programs for Michigan's state employees, public school employees, judges, state police, and National Guard members. This includes over 598,000 customers (approximately 288,000 active and 310,000 retired members).
The Michigan Office of Retirement Services administers two different retirement plans for State of Michigan employees: a Defined Benefit Plan and a Defined Contribution Plan. Use the information below to determine which plan(s) you belong to and the website link for that plan.
If you are an active member with at least 15 but fewer than 30 YOS, you can choose to take an early reduced retirement at age 55. Your pension amount is permanently reduced by one-half of 1% for each month and fraction of a month you take your pension before age 60 (6% per year).
Scheduled pension payment dates are listed in the table below. The Office of Retirement Services also has available a downloadable PDF version of the 2024 pension pay dates.
Retirement and pension benefits include most income that is reported on Form 1099-R for federal tax purposes. This includes defined benefit pensions, IRA distributions, and most payments from defined contribution plans.
The pension formula calculates your straight life pension. All calculations for pension payment options begin by figuring your straight life amount, which is adjusted depending upon which plan or option you are choosing. See details on pension options.
miAccount is ORS’ secure, online tool for managing your retirement account. You will use MILogin to access miAccount. As an active member with a pension benefit, miAccount will allow you to: Check your reported compensation and service credit (earned and purchased). Name beneficiaries. Create pension estimates.
The Michigan Office of Retirement Services (ORS) administers a Defined Benefit Plan, two hybrid plans, and a Defined Contribution Plan for public school employees. ORS also administers two retiree healthcare plans: the premium subsidy benefit and the Personal Healthcare Fund.
Your pension plan contributions, wages earned, and hours paid while a member of the DB plan become part of your personal pension record. You also can enroll in the State of Michigan 401(k) and 457 Plans (the Plans) to help supplement your pension with additional tax-deferred retirement savings.
You can always elect to have state income tax withheld from your pension. PA 4 of 2023 is being phased in over four years, from 2023 to 2026. Depending on your tax situation, you may still have a state income tax obligation on your pension.