As part of a financial audit, the Office of Retirement Services (ORS) sent a survey invitation email from ors−outreach @ michigan.gov via research.net to select staff at each reporting unit. The survey asks for information regarding when wages are earned compared to your reporting unit’s pay cycle. This information is vital for end of the year budget planning.
Survey invitations were sent Tuesday, Aug. 9. If you have already completed the survey, thank you for providing the information. No further action is needed.
If you have not yet completed your survey, we ask all reporting units to complete the survey by the end of the day Friday, Sept. 2. If you attempted to complete the survey and experienced an issue entering pay period dates, the issue has been corrected. You should now be able to enter the dates.
If you are a contact for multiple reporting units, it is possible an invitation has been sent to another contact within your reporting unit. Please check with your other contacts on file with ORS to see whether someone else may have received the invitation for the other reporting unit(s).
If you received the invitation but are not the correct person to provide the data, please forward the email to the correct person.
If you have not received an invitation but believe you should have, please check your junk or spam folders, and check with your other contacts on file with ORS to see whether someone else may have received the invitation for your reporting unit.
As you know, Public Act 184 of 2022, which makes changes to the rules for public school retirees returning to work, is now law, effective July 25. We explained its impact and how to change your reporting in this email.
ORS has updated several sections of the Employer Information website to reflect changes in reporting due to the new law.
Contribution rate tables have been updated for both the current period (July 25 – Sept. 30, 2022) and for FY 2022-23. (No rate percentages were changed; only columns pertaining to retirees were removed if no longer in effect.)
Use the updated Working after retirement – employer guide for reporting compensation for retirees on records dated after July 25, 2022. (For making adjustments to retiree records first reported before that date, the previous versions of the Working after retirement guides are available in section B.07 of Appendix B.)
In the Reporting Instruction Manual (RIM), 12 sections were updated, mostly with minor changes.
The previous versions of these RIM sections are available in Appendix B, for historical reference.
Other resources include our Frequently Asked Questions regarding PA 184 of 2022 and our legislative summary. The full text of the law is available here.
Use this recently updated Back-to-School Checklist to ensure you aren’t missing or forgetting any important reporting tasks as the new school year gets underway.
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Thank you to all who completed the required steps to re-enter their current banking information for making Automated Clearing House (ACH) payments to ORS. ORS is working with the few reporting units left who did not complete the task by the July 29 due date.
On Friday, July 1, ORS sent a communication letting you know that the Department of Treasury implemented security measures that affect your ACH payments made to ORS. A reminder was included in the July Newsletter sent July 21.
You are essential partners in our goal of providing public school employees with a secure retirement. Your prompt action helped with this goal as well as minimizes reporting issues you experience when submitting payments to ORS.
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The State of Michigan Plans Education Hub is a one-stop shop for education on the State of Michigan 401(k) and 457 Plans. Registration for live webinars and 1-on-1 account review is available here and dates are updated quarterly.
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