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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 Office of Retirement Services (ORS) administers defined benefit, defined contribution, hybrid, and deferred compensation retirement programs for Michigan's state employees, public school employees, judges, state police, and National Guard. Plans for over 550,000 public servants and their families, representing 1 in 9 Michigan households.
Virginia Retirement System: $79,238 $76,023 73.3% 7.0% 14 Oregon Public Employees: $77,495 $75,454 78.7% 7.5% 15 STRS Ohio: $76,458 $75,148 69.6% 7.8% 16 Michigan Retirement: $75,550 $67,496 61.4% 7.2% 17 Georgia Teachers: $73,089 $73,089 79.1% 7.5% 18 Minnesota State Board of Investment: $72,672 $64,116 72.6% 7.8% 19 Massachusetts PRIM ...
Mandatory retirement also known as forced retirement, enforced retirement or compulsory retirement, is the set age at which people who hold certain jobs or offices are required by industry custom or by law to leave their employment, or retire.
The Civil Service Retirement System ( CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government. Upon the creation of a new Federal Employees Retirement System (FERS) in 1987, those newly hired after that date cannot ...
Website. msu .edu. Michigan State University ( Michigan State or MSU) is a public land-grant research university in East Lansing, Michigan. It was founded in 1855 as the Agricultural College of the State of Michigan, the first of its kind in the United States.
The Michigan Legislature is the state legislature of the U.S. state of Michigan. It is organized as a bicameral institution consisting of the Senate, the upper house, and the House of Representatives, the lower house. Article IV of the Michigan Constitution, adopted in 1963, defines the role of the legislature and how it is to be constituted.
Michigan State Police, Ypsilanti Post. The Ypsilanti Post was merged into the Brighton Post in 2011. The Michigan State Police (MSP) is a full-service law enforcement agency, with approximately 3,000 employees who provide over 60 different services either directly to Michigan residents or in support of other law enforcement agencies.
The Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. Tooltip Public Law (United States) 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry.