Working After Retirement Rules - Update

Michigan Office of Retirement Services sent this bulletin at 01/20/2016 01:30 PM EST

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January 20, 2016

As we explained in a message sent on December 16, a new law is in effect that changes some rules for public school retirees who return to work at a Michigan public school reporting unit after beginning their pension.

The ORS public school employee member website has been updated to reflect these changes. You may wish to review the section called Working After You Retire to understand the new rules regarding working after retirement from an employee's perspective.

Changes to the employment class codes used to report retirees who return to work are not yet in place, so the Reporting Instruction Manual and Employer Information websites are not yet updated.

Continue to report retirees who return to work as you have in the past, and we will inform you of any changes to that process when the class codes are in place. Check your email and the Employer Information website for updates.

If you have any questions, please contact Employer Reporting at ORS_Web_Reporting@michigan.gov or 517−636−0166.

State of Michigan | Department of Technology, Management & Budget | Office of Retirement Services
P.O. Box 30171 | Lansing, MI 48909-7671 | www.michigan.gov/psru

Please do not reply to this email. This mailbox is not monitored and you will not receive a response. For assistance, contact ORS_Web_Reporting@michigan.gov.

The retirement plan information that appears in this email is intended to summarize basic provisions of Public Act 300 of 1980, as amended. Current laws, rates, and factors are subject to change. Should there be discrepancies between the information reflected here and the actual law, the provisions of the law govern.