Welcome to the MI-SERA Website
Interagency Memorandum of Understanding: Retiree Insurance Benefits
Class Action Against State of Michigan: Taxation of State Pensions (Okrie vs State of Michigan)
In November state retirees were mailed a Retiree Benefits Bulletin that explained the Prescription Drug Manager change for retirees enrolled in the State’s Health Plan PPO. Retirees should read that bulletin that explains the Prescription Drug Manager change.
A recent letter (dated 11/30/16) from GenerationRx has caused a lot of confusion among our Medicare retirees. The first paragraph of the letter states this letter is to confirm your disenrollment from Medicare GenerationRx effective January 1, 2017. This statement has caused a lot of confusion among retirees because they think they will no longer have prescription drug coverage after the first of the year. The confusion is further exacerbated by the rest of the letter that tells the retiree that they must enroll in another Medicare Prescription Drug Plan.
Medicare-eligible State Retirees are already enrolled in the OptumRx Medicare Part D Prescription Drug Plan. The enrollment in the Optum Rx plan is automatic if the retiree was already enrolled in the State’s Health Plan PPO. The new prescription plan is effective January 1, 2017. Retirees should be receiving a welcome packet and new ID cards from OptumRx in the middle of December. If you do not receive the packet/ID cards prior to December 31, please call OptumRx at 866-635-5941 to assist you.
After talking to Lauri Schmidt (Employee Benefits Director), Michigan SERA Council Chair Bob Kopaz learned that this disenrollment letter is required by Medicare rules and is pretty confident that if Lauri had had any input into the information in the letter it would not have caused this much confusion.
SERA is committed to providing exceptional value to its members by delivering quality financial products and services to our members through our SERA Plus program. Consistent with our philosophy, we are pleased to announce that financial planning, investment, insurance (including auto, home and liability), tax planning, estate planning advice, and banking services will soon be offered exclusively through our relationship with Hantz Group, Inc., and its affiliates (together, “Hantz”), headquartered at 26200 American Drive, Southfield, Michigan 48034.
Our decision to offer financial planning, investment, insurance, tax planning, estate planning advice, and banking services through Hantz allows us to provide you with a variety of financial services under one roof. Hantz Group, along with its affiliates, Hantz Tax & Business, LLC, Hantz Agency LLC and Hantz Bank, to name a few, provides a comprehensive approach to your specific financial service and banking needs. Hantz will offer and provide its services through its 21 locations conveniently located near most of our chapters throughout Michigan.
About Michigan SERA
SERA is an non-profit organization devoted exclusively to issues and concerns of all current and future retirees of the State of Michigan.
SERA works to:
SERA works through its members, leaders, and committees to promote the best interests of state employee retirees and future retirees. At least eight times since 1974, SERA was a moving force in pension increases or benefit improvements. In 2011, we opposed the pension tax and helped eliminate it for 70% of retirees; we opposed the remaining tax on public pensions for those born after 1945 in the Michigan Supreme Court. We opposed the recent state employee retirement system changes. That work continues.
SERA has 21 local chapters statewide that are linked through the Coordinating Council of the State Employee Retirees Associations of Michigan (the SERA Coordinating Council). SERA chapters have periodic meetings with guest speakers, opportunities for networking, newsletters, and other activities.
SERA welcomes the new ideas and energy of new members! To join, contact Cheryl Streberger at 517-515-9815 or email@example.com.