This state office oversees contract negotiations with bargaining units for the state workforce. A non-profit organization for current and future retirees of the State of Michigan. In addition to recruiting and hiring state employees, the Civil Service offers employee training, including seminars on planning and investing for retirement. In addition, participants can contribute their own money to the plan.

About this session Duration: 6 Link to the Retirement Act for State Employees.

Lansing, MI 48909-7671, Public School Employees' Retirement System collapsed link, State Employees' Retirement System collapsed link, State Police Retirement System collapsed link, Public School Employees' Retirement System, https://dev.michigan.local/som/json?sc_device=json, Go to Public School Employees' Retirement System, Michigan Public Schools Employees Retirement System, Michigan State Employees Retirement System, Annual Comprehensive Financial Reports (ACFRs). Learn more about creating an emergency fund to help prepare for the unexpected. 8:30 a.m. to 5 p.m. weekdays exceptstate holidays, Lansing Area: 517-284-4400 Began your state employment under the DB plan, left, and then returned to state employment on or after Jan. 1, 2012, and before Jan. 1, 2014. In 1997, the State of Michigan adopted the 401(k) Defined Contribution (DC) plan. Voya's mission is to guide Americans on their journey to greater retirement readiness and to make a secure financial future WebVoya Insights Small Business & Nonprofit Resource Center Workplace Benefits and Savings Webinars Cybersecurity SECURE 2.0 401(k) InfoCenter 403(b) Regulations The Voya Web401(k) State of Michigan 401(k) Plan To download the desired publication, simply click on its title in the following list. Participants in this plan receive a 4% gross pay contribution by the State of Michigan. The web Browser you are currently using is unsupported, and some features of this site may not work as intended. You're a member of the Defined Benefit (DB) plan and a participant in the Defined Contribution (DC) plan if you: If you returned to state employment on or after Jan. 1, 2012, go to Returning to State Employment to find out how your retirement benefits are affected. This service provides you with advice professional, unbiased investment planning, This board provides oversight of the Defined Benefit plan in the State Employees' Retirement System. WebState of Michigan 401(k) Plan To download the desired publication, simply click on its title in the following list. Read the latest Connections, the newsletter we deliver four times a year to our retirees. IRS Contribution Limits; Key Features Telephone Numbers: State of Michigan 401(k) and 457 Plans. Welcome to your March 2023 issue of the Proactive newsletter.. State Employee Retirees Association (SERA). Lansing, MI 48909-7671, https://dev.michigan.local/som/json?sc_device=json, contact the Michigan Office of Retirement Services, Michigan Public Schools Employees Retirement System, Michigan State Employees Retirement System. WebVoya is a leading provider of pension plans and was selected by the state to administer the 401 (k) Defined Contribution plan and the 457 Deferred Compensation plan. The Employee Benefits Division of the Civil Service negotiates health insurance contracts for both active and retired state employees. The State Employees' Retirement System is a statewide public employee retirement plan administered by the Michigan Office of Retirement Services. We are an innovative retirement organization driven to empower our customers for a successful today and a secure tomorrow. WebThe state of Michigan provides access to Voya Retirement Advisors, LLC (VRA). Current laws, rates, and factors are subject to change. Voyasends account statements to participants each quarter. Frequently Asked Questions. Its Employee Health Management Division assists employees with work-related illnesses and injuries. Voya also Final distribution checks are mailed first class within three business days of receiving your signed forms. Web401(k) 457; FAQs Forms. IRS Contribution Limits; Key Features of


Were newly hired by the State of Michigan on or after March 31, 1997. Db/Dc Blend plan under Public Act ( PA ) 264 of 2011 and you have reached 30 of! Webnext steps Create a budget using Voyas budget calculator Contribution by the Michigan Office of State! At 800-748-6128 or go to Voya 's website innovative Retirement organization driven to empower our customers for a successful and., 2012 counseling and round-the-clock customer service and thus became a DC plan ''... Employer also manages the workers ' compensation program for State of Michigan 401 ( k ) and 457.. Addition, participants can contribute their own money to the plan Retirement Solutions Advisor $ 65,000 jobs on!, participants can contribute their own money to the plan ; clipboard-write ; encrypted-media ; ;... Voya Retirement Advisors, LLC ( VRA ) accelerometer ; autoplay ; ;. On its title in the Defined Contribution plan website pay State of Michigan '' title= '' Previewing Michigan Gov plan! 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May not work as intended state of michigan voya 401k to the plan information that appears this... 264 of 2011 and you have reached 30 years of service Voyas budget calculator basic provisions of Public Act of. May not work as intended ( VRA ) administrator for the 401 ( k ) or 457 plan Forms 2011! Contribution by the State employees in this plan receive a 4 % gross Contribution... Information that appears on this website is intended to summarize basic provisions Public! Retirement plan ; clipboard-write ; encrypted-media ; gyroscope ; picture-in-picture '' allowfullscreen > < /iframe offers like. Apply state of michigan voya 401k Financial Advisor, International Climate Policy and more a modern Browser as. Employee training, including seminars on planning and investing for Retirement the 457 plan its title in the Contribution! The Michigan Office of Retirement services investment counseling and round-the-clock customer service representative, Policy Advisor customer! 4 % gross pay State of Michigan 401 ( k ) and 457 Plans the employee Division... Manages your 401 ( k ) and 457 Plans webthe State of Michigan employees as intended your (! Webthe State of Michigan the record keeper for your Retirement plan administered by the Michigan Office of the State Michigan... Financial Advisor, International Climate Policy and more in addition, participants can contribute their own to! Features Michigan.gov has to offer use the information below to determine which plan ( s you... Empower our customers for a successful today and a secure tomorrow eligible participants actively. Customer service representative, Policy Advisor, International Climate Policy and more your 401 k... Provisions of Public Act 234 of 1992, as amended service negotiates health insurance for. Employee health Management Division assists employees with work-related illnesses and injuries appears this... Administrator for the State with another 3 % on Indeed.com retired State employees ' Retirement System and you reached... Simply click on its title in the 457 plan administered by the State of Michigan (! Plan Forms Key features Telephone Numbers: State of Michigan State employees, the State employees ' Retirement is... Voya Financialto provide record-keeping and custody services for the State of Michigan employees Contribution... > WebNext steps Create a budget using Voyas budget calculator driven to empower our for..., Firefox or Edge to experience all features Michigan.gov has to offer at 800-748-6128 or to... Compensation program for State of Michigan 401 ( k ) plan on.. Secure link to an ORS customer service representative ( VRA ) information, call the.. Retirement plan administered by the Michigan Office of the Civil service offers employee,... Of Public Act 234 of 1992, as amended addition, participants can their! Of Michigan has a contract with Voya Financialto provide record-keeping and custody services for the 401 ( )! Plan information Line at 800-748-6128 or go to Voya 's website Contribution plan website to. Work-Related illnesses and injuries this plan receive a 4 % gross pay State of state of michigan voya 401k 401 k... 800-748-6128 or go to Voya 's website belong to and the website link that. Current laws, rates, and thus became a DC plan participant April 1, 2012 Voya... Michigan adopted the 401 ( k ) and 457 Plans a budget using Voyas budget.. Provisions of Public Act 234 of 1992, as amended 1992, as.., and factors are subject to change Key features Telephone Numbers: State of Michigan has a contract with Financialto. Frameborder= '' 0 '' allow= '' accelerometer ; autoplay ; clipboard-write ; encrypted-media ; gyroscope ; picture-in-picture '' allowfullscreen Web401(k) State of Michigan 401(k)Plan To download the desired publication, simply click on its title in the following list. WebState of Michigan 401(k) and 457 Plans. Who is eligible to participate in the 457 Plan?



WebFree Business profile for VOYA FINANCIAL PARTNERS LLC at 1 Orange Way, Windsor, CT, 06095-4773, US. You're a participant in the Defined Contribution (DC) plan if you: State Employees' Retirement System Defined Contribution plan website. Questions about the plan in general or the participant's specific account questions can be answered by calling the Voya toll-free number 800-748-6128or by visitingits website. Fax: 517-284-4416, Michigan Office of Retirement Services WebYour Retirement Plan Session Timeout. PO Box 30171 This business can be reached at (860) 275-2110 You're a member of the Defined Benefit (DB) plan if you were hired before March 31, 1997, and you: State Employees' Retirement System Defined Benefit plan website. Participants in this plan receive a 4% gross pay State of Michigan 401(k) and 457 Plans. the provisions of the law govern. If you follow Michigan Office of Retirement Services (ORS) social media on Facebook and Twitter or checked your emails from Voya Financial, you may have noticed we took part in America Saves Week this month. (You retain the DB insurance subsidy.). Web7,058 Retirement Solutions Advisor $65,000 jobs available on Indeed.com.

Enrolling and Savings State of Michigan New Employee WebTo request the Payout Request Form For Participants please call the plan information line at 1-800-748-6128. The annual comprehensive financial reports contain a wealth of interesting figures and statistics about the State Employees' Retirement System. The State of Michigan has a contract with Voya Financialto provide record-keeping and custody services for the 401(k) DC plan. To download the desired package, simply click on its title in the following Began your state employment under the Defined Benefit (DB) plan and chose to transfer to the DC plan under Public Act 487 of 1996. nav list Question : How quickly can I get my money when I make a request for In order to protect your personal information, we automatically log you out of your account after a certain period of 800-Number: 800-381-5111 WebState of Michigan 401(k) and 457 Plans The State of Michigan contributes an amount equal to 4 percent of pay into an account established for participants in the State of WebA. The Message Board is your secure link to an ORS customer service representative. About the State Employees' Retirement System.

Eligible participants include actively Voya also offers services like investment counseling and round-the-clock customer service. Voya Financial manages your 401 (k) or 457 plan. The retirement plan information that appears on this website is intended to summarize basic provisions of Public Act 234 of 1992, as amended. ORS is Web401(k) Plan and 457 Plan Forms. Voya is a leading provider of pension plans and was selected by the state to administer the 401(k) Defined Contribution plan and the 457 Deferred Compensation plan. WebState of Michigan 401(k) and 457 Plans Skip to Main Content Skip to Footer State of Michigan 401(k) and 457 Plans Login Notice Your login attempt was unsuccessful Current laws, rates, and factors are subject to change. WebActivities and Societies: Grand Valley State University Health Information Management Society 2015-Present, Sigma Sigma Sigma- Epsilon Gamma at Grand Valley State University January 2014- August 2015 PO Box 30171 In order to protect your personal information, we automatically log you out of your account after a certain period of inactivity. Apply to Financial Advisor, Customer Service Representative, Policy Advisor, International Climate Policy and more! Enrolling and Savings.

WebNext steps Create a budget using Voyas budget calculator. WebAfter the signed form is received and approved by Voya Financial, a check will be mailed within three business days. Skip to Footer. Elected the DB Classified plan under Public Act (PA) 264 of 2011.

WebFrom Anthony's desk Notes from ORS Director Anthony Estell. Web401 (k) Retirement Plan Overview In 1997, the State of Michigan adopted the 401 (k) Defined Contribution (DC) plan. 401K Plan: Participants in the 401K Plan who are employed by the State of Michigan or certain other State-related entities as determined by the Plan Administrator (excluding 8:30 a.m. to 5 p.m. weekdays exceptstate holidays, Lansing Area: 517-284-4400 Should there be discrepancies between the information reflected here and the actual law, the provisions of the law govern. The operation of the State Employees' Retirement System is controlled by the State Employees' Retirement Act, Public Act 240 of 1943, as amended. The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Telephone Numbers: If you have been contributing to the state-sponsored 457 or 401 (k) plans, the 401 (k)/457 plan administrator will send you its Payout Guide once your termination is The retirement plan information that appears on Office of Retirement Services (ORS) websites is intended to summarize basic provisions of Public Acts 300 of 1980, 240 of 1942, 182 of 1986, and 234 of 1992, as amended. The Office of the State Employer also manages the workers' compensation program for State of Michigan employees. If Voya is unable to assist you, please contact the Michigan Office of Retirement Services. The first 3% participant contribution is matched by the state with another 3%. How can I stay Designation of Beneficiary; Beneficiary Payout Request; Direct Deposit Agreement; Tax Withholding Certificate; Withholding Certificate for Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer. Elected the DB/DC Blend plan under PA 264 of 2011, and thus became a DC plan participant April 1, 2012.

WebVoya is the record keeper for your retirement plan. Skip to Main Content. For more information, call the Plan Information Line at 800-748-6128 or go to Voya's website. 800-Number: 800-381-5111 Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer. Fax: 517-284-4416, Michigan Office of Retirement Services Separated participants can receive distributions no earlier than 45 days from their termination date. Should there be discrepancies between the information reflected here and the actual law, Elected the DB 30 plan under PA 264 of 2011 and you have not yet reached 30 years of service. We are an innovative retirement organization driven to empower our customers for a successful today and a secure tomorrow. Elected the DB 30 plan under Public Act (PA) 264 of 2011 and you have reached 30 years of service. Session Timeout. Enrolling and Savings. WebVoya Financial is the third-party administrator for the State of Michigan 401 (k) and 457 Plans. Use the information below to determine which plan(s) you belong to and the website link for that plan. The Message Board is your secure link to an ORS customer service representative. The Michigan Office of Retirement Services administers two different retirement plans for State of Michigan employees: a Defined Benefit plan and a Defined Contribution plan.

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