Revised and expanded FAQs for salary schedules

Michigan Office of Retirement Services sent this bulletin at 11/25/2024 02:30 PM EST

ORS has revised and expanded the Salary Schedules and Allowable Salary Increase FAQs page on the Employer Information website.

The revised questions and answers are based on feedback received from reporting units, individually and at various Michigan School Business Officials events.

We hope these FAQs will clarify ORS’ process, making it easier to comply with this requirement of the Retirement Act, and minimize delays in processing applications for members in positions that generally have fewer than three members in the same job class.

Please review the updated FAQs. If you have questions that are not answered in the FAQs, or you need further clarification, you may contact ORS-Contract-Review@Michigan.gov. We rely on your feedback to improve the process. For future reference, these and other FAQs are found under Reporting Resources on the Employer Reporting website.

State of Michigan | Department of Technology, Management & Budget | Office of Retirement Services
PO Box 30171 | Lansing, MI 48909-7671 | 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.