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The state employee system and the public school employee system administered by ORS make up 95 percent of all active plan membership in Michigan. ORS is responsible for the 18th largest public pension system in the United States and the 47th largest pension system in the world, managing combined net assets of nearly $67.8 billion.
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State Officers Compensation Commission, responsible for setting salaries for Governor, Lieutenant governor, Supreme court justices, and Legislators with the seven Commissioners appointed by the Governor [1]
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 ...
The Office of Retirement Services (ORS) administers defined benefit, defined contribution, hybrid, and deferred compensation retirement programs for Michigan's state employees, public school employees, judges, state police, and National Guard. Plans for over 550,000 public servants and their families, representing 1 in 9 Michigan households.
Michigan taxpayers find it hard to track the status of their refunds early in the 2024 tax season. Supplemental checks are being issued for an expanded state earned income tax credit in 2022 ...
The bulk of the employees may be able to find work elsewhere within the company, but the state could still be on the hook for the promised cash. G.M. To Lay Off 1,300 Michigan Workers Despite $824 ...
The Michigan Strategic Fund would take over the State Land Bank Fast Track Authority from the Michigan State Housing Development Authority. [4] The Michigan Department of Talent and Economic Development came into existence on March 16, 2015 with the department's first director being Steve Arwood, concurrently CEO of the MEDC. TIA's first head ...