Welcome to the MI-SERA Website
New Retirement Tax Relief in Public Act 4 of 2023
Governor Whitmer signed House Bill 4001, now Public Act 4 of 2023, on March 7, 2023. It phases in over four years changes to taxation of pension and retirement income. The Michigan Department of Treasury has provided guidance on how the retirement tax relief will work.
The Office of Retirement Services has provided an explanation of how the taxation of pension income for defined benefit state employee retirees will work along with a Frequently Asked Questions feature on its Website here. The ORS chart within is shown below as a handy reference. It is also helpful for defined contribution state employee retirees.
Death of a Retiree
Upon your death, your personal representative (family member or executor) should contact ORS as quickly as possible. We will need your social security number and a photocopy of the death certificate. See What Your Survivors Should Know for information to give to your survivors.
Death of a pension beneficiary. If you elected a survivor option and your pension beneficiary predeceases you, notify ORS and provide a photocopy of the death certificate so we can adjust your pension amount to the full (unreduced) straight life pension. If you elected the equated plan and your beneficiary dies before you, your benefit will revert to the straight life equated amount.
If any person receiving a survivor benefit dies, ORS should be contacted immediately. We will need the social security number of the state retiree as well as that of the beneficiary who was receiving benefits, along with a photocopy of the death certificate.
ORS will stop pension payments as soon as we are notified of a death. If the death notice is not received timely, the estate is obligated to repay all payments made after death.
Death of insurance dependent. If anyone enrolled as a dependent in your health, dental, or vision insurance plan dies, report the death immediately using the Beneficiaries & Dependents section in miAccount. You must also submit a photocopy of the death certificate.
Additional information about reporting a death can be found in What Your Survivors Should Know.
ANNUAL UPDATE ON MICHIGAN RETIREMENT SYSTEMS AND INVESTMENTS
Jon Braeutigam, Deputy Treasurer and Chief Investment Officer, Bureau of Investments, Department of Treasury, presented his “ANNUAL UPDATE ON MICHIGAN RETIREMENT SYSTEMS AND INVESTMENTS” at the February 2, 2023, Zoom meeting sponsored by the SERA Lansing Chapter. The document that he referenced in his talk can be found here.
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.
Join a chapter of the State Employee Retirees Association (SERA) and help protect your pension and health insurance benefits, meet old and new friends, and stay informed!
Join Michigan SERA
Join a chapter of the State Employee Retirees Association (SERA) and help protect your pension and health insurance benefits, meet old and new friends, stay informed, and gain access to SERA Plus benefits!
The Michigan State Employee Retirees Association is a 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 current and future state retirees.
At least eight times since 1974, SERA initiated action for pension increases or benefit improvements. SERA has a lobbyist who watches legislative developments on our behalf. We helped to reduce the impact of the pension tax on public sector retirees.
SERA has 21 chapters statewide to provide you with:
SERA PLUS is a unique package of retirement benefits to help you protect your standard of living throughout your retirement years.
You are eligible for SERA if you are:
SERA chapters always need new ideas, new energy, and especially new members. Join over 12,000 SERA members in our efforts to assure every state retiree has a voice!
New members — Call for your FREE one year membership! Contact Cheryl Streberger at 517-515-9815 or firstname.lastname@example.org. Pay nothing now. Simply contact us now and we will explain how to obtain your first-year free membership. At the end of your complimentary year, we will mail you a renewal notice. Membership dues after the first year range from $6 to $20, depending on which chapter you join.
Renewing members — Print and then complete the membership form and send it along with your dues to the chapter you want to join. To find your nearest SERA chapter and the amount of chapter dues, meeting times and other information, please refer to the directory listing. Or e-mail your name, address, city, state, zip code, and the name of the chapter in which you are interested to: email@example.com.
SERA is committed to providing exceptional value to its members by delivering quality products and services to our members through our SERA Plus program. Consistent with our philosophy, we are pleased to announce that insurance (including auto, home and liability), tax planning and estate planning advice 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 insurance, tax planning and estate planning advice through Hantz allows us to provide you with a variety of services under one roof. Hantz Group, along with its affiliates, Hantz Tax & Business, LLC and Hantz Agency LLC to name a few, provides a comprehensive approach to your specific needs. Hantz will offer and provide its services through its 21 locations conveniently located near most of our chapters throughout Michigan.
For more information on Hantz, contact our SERA Plus program administrator, Cheryl Streberger at 517-515-9815.