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  2. Michigan Office of Retirement Services - Wikipedia

    en.wikipedia.org/wiki/Michigan_Office_of...

    The State EmployeesRetirement System covers Civil Service employees, appointed officials in the executive branch, and employees of the legislature and judiciary branch. A ten-member board oversees the State EmployeesRetirement System. As of September 30, 2017, the system serves 10,850 active members and 59,684 retirees and beneficiaries.

  3. Legislation seeking expansion of Michigan pensions stalls - AOL

    www.aol.com/news/legislation-seeking-expansion...

    House Bill 6061 would amend the State EmployeesRetirement Act to automatically enroll newly-hired employees into a defined benefit plan, while also allowing current employees to transition to ...

  4. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...

  5. Pension - Wikipedia

    en.wikipedia.org/wiki/Pension

    These three tiers are based on the employee's hire date (i.e. Tier I covers 1 January 1980 (and before) to 1 January 1995, Tier II 2 January 1995 to 1 January 2010, and Tier III 1 January 2010 to present) and have different benefit provisions (e.g. Tier I employees can retire at age 50 with 80% benefits or wait until 55 with full benefits, Tier ...

  6. Gov. Gretchen Whitmer's 2025 Michigan budget calls for 588 ...

    www.aol.com/gov-gretchen-whitmers-2025-michigan...

    The average salary for state classified employees, not including benefits, reached $72,821 in 2023, according to the latest annual workforce report prepared by the Michigan Department of Civil ...

  7. List of largest pension schemes in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_pension...

    State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement System: $97,713 $96,304 80.2% 7.5% 12 New Jersey Division of Investment: $80,486 $76,361 N/A N/A 13 Virginia Retirement ...

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