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The new law changes the default retirement option for employees who first work at a Michigan public school on or after July 1, 2024. For more information about the changes, you can read our legislative summary or you can review PA 250 of 2023. Published on Nov. 30, 2023.
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ORS - Public School Employees' Retirement System. About Your...
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ORS - Public School Employees' Retirement System. About Your...
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As a member of the Michigan Public School Employees'...
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However, active members of the Michigan Public School...
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12 months to retirement; Get another estimate from the...
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You qualify for full retirement at any age with at least 30...
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As a new member of the Michigan Public School Employees' Retirement System, you have a decision to make for your future retirement plan. You have 75 calendar days from your first payroll end date to decide which retirement plan best meets your needs: The Pension Plus 2 retirement plan, or The Defined Contribution (DC) retirement plan.
People also ask
What if I'm a new member of Michigan Public School Employees' Retirement System?
Does Breckenridge community schools offer PK?
Why should you choose Breckenridge Community Schools?
Why has the public school employee retirement system declined?
Community Atmosphere-Programs. Breckenridge is a small, rural community in Central Michigan. We know our students by name, while still offer many programs in athletics, drama, arts, music, and FFA like many larger districts.
To see how PA 4 of 2023 may affect you, go to your retirement system’s homepage: Michigan Public School Employees' Retirement System. State Employees' Retirement System. Judges Retirement System. State Police Retirement System.
The Public School Employees Retirement Act MPSERS is a multi-employer system established in state statute, which determines all of the following: o Pension • Pension system board creation, powers and duties, • Vesting in pension benefits • Employee and Employer contribution rates • Pension eligibility age and years of service
Breckenridge Elementary School. 515 Summit St. Breckenridge, MI 48615. Phone: (989) 842-3182 Fax: (989) 842-5655 Office Staff