MI-SERA Articles
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Capitol News – May 2025
By Mary Pollock Background — In 1987, the State Employee Retirement Act was amended to provide that defined benefit (DB) retirees receive a 3% or $300 (whichever is less)…
4 min read
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Retirement Matters – May 2025
Medicaid and You Who Is Covered? – Many of usthink of Medicaid as the program that pays for the health care for low-income individuals. It is the largest…
4 min read
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Capitol News – April 2025
By Mary Pollock SCRAP THE CAP UPDATE SERA has received the 16-page data-intensive Actuarial Study of proposed improvements in the 3 percent or $300 cap on the annual…
4 min read
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Retirement Matters – April 2025
By Joanne Bump U.S. Household Net Worth — The U.S Household Net Worth (or assets less liabilities) reached a new peak in 2024 as the unemployment rate and household…
4 min read
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Chair Talk – March 2025
By Cheryl Streberger Dear Lansing SERA members, it has come to my attention that the Lansing SERA executive board voted on March 5, 2025, to sever the relationship…
4 min read
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Retirement Matters – March 2025
By Joanne Bump Making Sense of Federal Uncertainty — Federal employees have been fired to cut waste and fraud. Consider the advice of Deep Throat, a character in the…
4 min read