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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.
Department of Agriculture & Rural Development. Department of Attorney General. Department of Civil Rights. Department of Corrections. Department of Education. Department of Environment, Great Lakes, and Energy. Department of Health and Human Services. Department of Insurance & Financial Services.
The state treasurer of Michigan functions as the chief financial officer for the U.S. state of Michigan.The state treasurer oversees the collection, investment, and disbursement of all state monies, and also administers major tax laws, safeguards the credit of the state, and distributes revenue sharing monies to local units of government.
The average 401(k) balance for Gen Z increased 15% to $11,300, compared to an 11% increase to $59,800 for millennials, Fidelity said.
The Fidelity Q1 2024 Retirement Analysis examined the account balances and savings behaviors of more than 45 million 401 (k), 403 (b) and IRA retirement accounts. It found that the first quarter ...
The higher contribution limit applies to employees who participate in 401(k) and 403(b) plans, most 457 plans, and the federal government’s Thrift Savings Plan.
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.
Jocelyn Benson (born October 22, 1977) is an American academic administrator, attorney, and politician serving as the 43rd Secretary of State of Michigan since 2019. A member of the Democratic Party, she is a former dean of Wayne State University Law School, a co-founder of the Military Spouses of Michigan, and a board member of the Ross Initiative in Sports for Equality.
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