Employees at DPSCD are provided with several options to save for retirment beyond the State pension and/or savings plans with pre-tax payroll deductions.
Office of Retirement Services (ORS)
All employees are automatically enrolled in a State retirment plan effective their first day of work. Employees who have worked for a participating school in the past will be reenrolled in their previous plan. New employees must make a lifetime election within 75 days of the end of the first pay period. Additional information can be located at:
http://pickmiplan.org for employees hired on or after July 1, 2010
http://michigan.gov/orsschools for employees hired before July 1, 2010
https://www.michigan.gov/orsmiaccount for information specific to you
or by phone at (800) 381-5111
ORS Plan Webinar and Seminar Schedule
ORS has scheduled several upcoming webinars, seminars and 1-on-1 Appointments in February, March and April. You can view the Schedule and register your attendance online by selecting a webinar under Public School (MPSERS) employees on the left side of the screen or clicking next on the right side to schedule an appointment or register for a seminar.
The Omni Group
Employees also have the opportunity to invest in a 403b and/or a 457 plan. Additional infomation can be obtained through The Omni Group at http://omni403b.com or (877) 544-6664.