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The Michigan Office of Retirement Services (ORS) administers retirement programs for Michigan's state employees, public school employees, judges, state police, and National Guard. ORS also provides various retiree healthcare benefits, including traditional insurance plans, Personal Healthcare Funds, and Health Reimbursement Accounts.
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.
The Federal Employees Health Benefits ( FEHB) Program is a system of "managed competition" through which employee health benefits are provided to civilian government employees and annuitants of the United States government. The government contributes 72% of the weighted average premium of all plans, not to exceed 75% of the premium for any one ...
According to the 2024 Social Security Trustees Report, the trust fund supporting Social Security retirement benefits (The Old-Age and Survivors Insurance (OASI) Fund) is expected to be able to ...
People insured by the State Health Plan will get more information during their 2024 benefits enrollment process. In the meantime, 600 Aetna employees will begin working with the State Health Plan ...
Employer-covered health care is the most important benefit to employees in 2023, according to a new poll from Forbes Advisor. Offerings of life insurance, pension and retirement plans,...
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