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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.
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.
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.
There are 450,000 current retirees in the Teacher Retirement System. Lee said 150,000 of them have an annuity that's $1,500 a month or less. Of that group, 131,000 make $1,000 a month or less.
The Michigan Education Association ( MEA ), headquartered in East Lansing, Michigan, is a labor union representing more than 157,000 teachers, faculty and education support staff throughout the state. [1] Usually referred to as a “teachers' union” its membership also includes college faculty, public school custodians, bus drivers, and ...
Ohio teachers' pension reforms should not be 'sleight of hand' at expense of taxpayers. Gannett. Zachary Christensen. May 22, 2024 at 2:46 AM. The State Teachers Retirement System of Ohio is the ...
JULIE CARR SMYTH. May 24, 2024 at 1:36 PM. COLUMBUS, Ohio (AP) — A battle is under way for the future of Ohio’s $94 billion teacher pension fund, as would-be reformers’ attempts to deliver ...
Pages in category "Public pension funds in the United States". The following 34 pages are in this category, out of 34 total. This list may not reflect recent changes . List of largest pension schemes in the United States. Public employee pension plans in the United States.