As you prepare for the new fiscal year, remember the ORS e-learning module (tutorial), Reporting Newly Hired Employees, helps reporting staff understand the process of reporting new employees. This includes employees who are new to MPSERS, active MPSERS members, or retirees returning to work. First the tutorial covers the steps to take when you add a new employee to the retirement system. Then it provides six reporting examples that show common situations, decisions and questions you may have when reporting new employees. The tutorial also provides links to the plan election materials your new employees receive.
You can find the link to this module in the Reporting newly hired employees — overview section of the Reporting Instruction Manual (RIM). It’s also on the Tutorials page of the Employer Reporting website, under Reporting Resources > Education & Training.
Helpful resources for employees who are not already members of the Michigan Public School Employees' Retirement System are located under Resources for New Members. Remember, new employees have 75 calendar days from the first payroll end date to choose which retirement plan best meets their needs.
We know training is important to you. We encourage you to view this tutorial, which takes about 10-20 minutes to complete. After completing it, please complete the short survey. Your feedback helps us improve our training materials.
Interest has been posted to Michigan Public School Employees Retirement System (MPSERS) member accounts, effective July 1, 2026.
The interest rates are:
- Basic and MIP members: 6.00%
- Pension Plus members: 6.00%
- Pension Plus 2 members: 6.00%
ORS invests defined benefit contributions from both members and employers to help pay for future retirement benefits. Each year, ORS adds interest to each defined benefit member's account. The interest applies to contributions that have been in the account for one full year.
In late July, ORS will send an urgent tax-deferred payment (TDP) notice to members who already have a tax-deferred payment agreement and:
- Have interest charges that are higher than their annual payment amount; or
- Have a scheduled deduction amount that is not enough to pay off their agreement within the recommended 15 years; or
- Have taken longer than the recommended 15 years to pay off their agreement.
The letter includes the member’s current TDP information and encourages them to increase their current TDP deduction amount by completing and submitting the Supplemental TDP Agreement (R0654C) form. The form is available on the ORS member website under Forms and Publications.
Members can also use the TDP calculators on the member website. These calculators help members choose a payment that fits their budget and pays off the agreement before they terminate employment or retire.
For more information, see RIM section 10.07.02: Processing the supplemental TDP agreement.
As a reminder, do not report or submit any records for employees who are under the age of 19 while in a temporary, intermittent, irregular, seasonal, or athletic position. The Retirement Act states that these employees are not members of MPSERS until they turn 19 or change jobs to one that’s a regular position.
If you do not submit these records, you will not need to make future adjustments or submit a termination record. For more information, see Student employees in section 3.02 Special membership circumstances of the Reporting Instruction Manual.
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As you prepare for the upcoming school year, use Voya Financial’s on-demand New Hire Orientation to introduce new hires to the State of Michigan 401(k) and 457 Plans and the decision timeline. The Michigan-based education team can also come on-site to present orientation sessions and answer questions. Call 517-284-4422 to coordinate a visit.
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