Retirement

  • 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.