• Retirement Matters – September 2024

    Retirement Matters – September 2024

    By Joanne Bump Discussion of Social Security (SS) Taxation continues from the August 2024 SERA-Nade. Current Proposals Impacting SS Benefits — As seniors count on SS benefits to make…

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    4 min read

  • Capitol News – August 2024

    Capitol News – August 2024

    By Mary Pollock GOVERNOR SIGNS PENSION COLA STUDY Governor Gretchen Whitmer signed the Fiscal Year (FY) 24-25 General Omnibus Appropriations Bill containing a proposed actuarial study about State…

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    4 min read

  • Retirement Matters – August 2024

    Retirement Matters – August 2024

    By Joanne Bump Social Security (SS) and Medicare — Most Michigan Defined Benefit state employee retirees receive a significant portion of their financial resources from SS, Medicare, and a…

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    4 min read

  • Chair Talk – August 2024

    Chair Talk – August 2024

    By Bob Kopasz The October 4, 2024, Coordinating Council meeting will have an Optum Rx representative as the presenter of our program on prescription drugs. I expect that…

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    4 min read

  • Capitol News – June 2024

    Capitol News – June 2024

    By Mary Pollock SCRAP THE CAP UPDATE Appropriation Bills Move to Conference Committees — Our five-year effort to Scrap the Cap on the defined benefit annual cost-of-living adjustment (COLA)…

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    4 min read

  • Retirement Matters – June 2024

    Retirement Matters – June 2024

    By Joanne Bump Solve the Social Security Deficit — In May, the most recent annual Social Security Trust Fund report said that unless changes were made, Social Security benefits…

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    4 min read