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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 Michigan Department of Agriculture & Rural Development ( MDARD ), formerly the Michigan Department of Agriculture is a department of the Michigan state government created in 1921 to enforce laws regarding agriculture production and distribution. Agriculture in the State of Michigan is now a $104.7 billion industry. [2]
The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...
The Michigan Department of State is administered by the Secretary of State, who is elected on a partisan ballot for a term of four years in gubernatorial elections. The incumbent secretary of state is Jocelyn Benson, a Democrat elected in 2018 and 2022 . The secretary of state is the third-highest official in the State of Michigan. [1]
Net income. $28 million (2019) [5] Number of employees. 8,800 (2020) [6] Website. www.mymichigan.org. MyMichigan Health is an American non-profit health system, headquartered in Midland, Michigan, affiliated with Michigan Medicine, the health care division of the University of Michigan. MyMichigan Health covers a 23-county region with medical ...
The Michigan Department of Licensing and Regulation was abolished with most responsibilities transferred to the newly formed Department. It was renamed the Department of Consumer and Industry Services under an executive order issued in 1996 by Governor John Engler , merging most of the Department of Labor within the Department of Commerce. [2]
401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.
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 ...