MI-SERA Articles
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Retirement Matters – May 2024
By Joanne Bump Pension Rate of Returns — The good news is that State Employee Retirement System (SERS) pension investments have performed well. The ten-year time-weighted rate of return…
4 min read
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Capitol News – April 2024
By Mary Pollock The Legislature was on spring break for two weeks in late March and early April. It returns April 9 to face budget decisions in May…
4 min read
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Retirement Matters – April 2024
By Joanne Bump At the SERA Lansing Chapter General Membership meeting on March 6, 2024, Anthony Estell, Director of the Office of Retirement Services (ORS), and Allison Wardlaw,…
4 min read
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Chair Talk – March 2024
By Bob Kopasz SERA has been busy the past 5 or 6 months on 2 issues that affect all retirees. Those issues are: Regaining SERA’s ability to receive…
4 min read
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Retirement Matters – March 2024
By Joanne Bump Retirement Crisis — Most State of Michigan, Defined Benefit (DB) state employee retirees depend on financial support from their State pension, Social Security, and Medicare. However,…
4 min read
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Capitol News – March 2024
By Mary Pollock SCRAP THE CAP UPDATE Michigan SERA’s effort to Scrap the $300 Cap on defined benefit (DB) State employee retirees’ annual 3 percent cost-of-living adjustment (COLA) is advancing…
4 min read