High-converting mobile page template for retirement companies in Michigan

Pension Plus and Pension Plus 2 offers two types of retirement plans in one by partnering a pension component with a savings component. The pension component of your plan, also known as Defined Benefit (DB), guarantees you a retirement income once you meet age and service requirements.

You will qualify for full retirement at age 60 with at least 10 years of service (YOS), or age 55 with 30 YOS. (Exception: If you are an unclassified legislative branch, executive branch, or judicial branch employee, you are vested for a full retirement benefit at age 60 with 5 YOS.) Pension Eligibility - State of Michigan State of Michigan member about-your-plan State of Michigan member about-your-plan

Blue Cross Blue Shield of Michigan and Blue Care Network offer medical plans for Michigan public school retirees. Learn about your health plan options and ways to stay healthy.

You can apply for retirement benefits online , or call the toll-free number 1-800-772-1213 (TTY 1-800-325-0778). You can also choose to visit your local Social Security office to apply in person. If you decide to apply in person, it is best to call ahead to make an appointment to reduce your wait time.

Officially, youʼll start the retirement process with your employer, letting them know when you plan to stop working. Depending on your employer and your tenure, you may need to write an official letter of resignation, document your contacts, processes, and files, and maybe even train a replacement. How to start the retirement process - Fidelity Investments Fidelity Investments life-events how-to-retire Fidelity Investments life-events how-to-retire

Form SSA-1 | Information You Need To Apply For Retirement Benefits Or Medicare. You can apply: Online; or. By calling our national toll-free service at 1-800-772-1213 (TTY 1-800-325-0778) or visiting your local Social Security office. Form SSA-1 | Information You Need To Apply For Retirement Social Security Administration (.gov) forms ssa-1 Social Security Administration (.gov) forms ssa-1

age 62 However, the actual amount you are entitled to each month depends on when you start to receive benefits. You can start your retirement benefit at any point from age 62 up until age 70. Your benefit will be higher the longer you delay your start date. This adjustment is usually permanent. When to Start Receiving Retirement Benefits - SSA SSA pubs SSA pubs

The State of Michigan contributes an amount equal to 4% of pay into an account established for participants in the State of Michigan 401(k) Plan. In addition, the State matches dollar for dollar the first 3% of employee contributions each pay period.