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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 ...
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. This pre-tax option is what makes 401 (k) plans ...
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The study found that 65% of respondents want a retirement plan with guaranteed income for life. Nearly half prioritized protecting assets from losses, with 69% reporting discussing loss-prevention ...
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]
Joseph Weiser/Icon Sportswire/AP/File. A 26-year-old man from Genessee County, Michigan, is half a million dollars richer thanks to a “sign” he says he took from his movie star doppelganger ...
The Kentucky Public Pensions Authority (KPPA), formerly known as The Kentucky Retirement Systems (KRS), is the administrator of defined-benefit pension and insurance plans for most of Kentucky's state and county employees and retirees.