Proactive Fall 2015

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Hello Friend

Your Plan:

ORS

www.michigan.gov/ors

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In this issue

Fall 2015 • Messages from your Retirement System 

tortoise and hare

From Phil's Desk

Notes from ORS Director Phil Stoddard

We all know the story of the tortoise and the hare. I’m sure you’re not surprised that I would recommend our working members be like tortoises when it comes to their retirement savings. A tortoise goes slow and steady, is disciplined and doesn’t get distracted by shiny objects, and keeps working toward the finish line. However, I have a few important words of advice for our tortoises. First, make sure you review the course before the race. Do you have a good idea of where the turns ahead are? Second, make sure your goal for reaching the finish line is one that can be achieved and is appropriate to your needs. Third, be flexible and alert for opportunities to make adjustments along the way. Perhaps this means taking a quicker pace when the road is clear and flat, or getting some new turtle running shoes. All of us at ORS are cheering for you on the sidelines and ready to help when you need it. Best wishes for your success, tortoises!

piggy bank

National Save for Retirement Week

October 19 – 25 is National Save for Retirement Week.  It’s a great reminder to check in on your retirement account. How are you doing? Are you on track to retire when you want?  No matter what career stage you’re in, it’s important to have a plan for saving for your future. Visit your account using the website for your plan above, under your name. Also, be sure to follow us on Twitter or like our Facebook page for tips about saving and news on your retirement system.

retirement road sign

Open Houses

In honor of National Save for Retirement Week we’re traveling the state with our Voya Financial® partners. We’ll be sharing information and answering questions, and invite you to join us on these days and locations:

  • 10/19: Sault Ste. Marie — Best Western, Banquet Room, 4335 I-75 Business Spur, Sault Ste. Marie, MI 49783
  • 10/20: Gaylord — Holiday Inn Express, 1201 W. Main St., Gaylord, MI 49735
  • 10/21: Detroit — Cadillac Place, Grand Ballroom, 3068 W. Grand Blvd., Detroit, MI 48202
  • 10/22: Saginaw — Horizons Conference Center, Crystal Room, 6200 State St., Saginaw, MI 49603
  • 10/23: Lansing — Capitol Commons Center, Lower Level Conference Rooms, 400 S. Pine St., Lansing, MI 48913

We’ll be available between 9:00 a.m. and 1:00 p.m. to answer brief questions you may have about either Defined Benefit or Defined Contribution Plans. Bring your password if you’d like to access your account with an ORS or Voya representative.