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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. ORS serves over 530,000 customers (approximately 227,000 ...
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.
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.
How much do you need to retire comfortably? It's a question in the mind of every American in every state that is saving for retirement. Unfortunately, there's not a one-size-fits-all answer. There ...
This article originally appeared on GOBankingRates.com: How Long $1 Million in Retirement Will Last in Every State
The wealthiest state for average retirement savings is Connecticut, at $545,754, with Alaska and Vermont following closely at $503,822 and $494,569, respectively.
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.
The results vary at the state level, however, and the people in some states are more prepared for retirement than the people in others.