• Retirement Matters – January 2024

    Retirement Matters – January 2024

    By Joanne Bump Long-Term Care (LTC) Is Costly — This discussion is continued from the December SERA-Nade. Many retirees equivocate on whether the inflation-adjusted increases in LTC insurance premiums…

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    4 min read

  • Capitol News – January 2024

    Capitol News – January 2024

    By Mary Pollock The Legislature returned January 10 for an exciting election year. Gov. Gretchen Whitmer will deliver her sixth State of the State Address on Wednesday, January…

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    4 min read

  • Capitol News – December 2023

    Capitol News – December 2023

    By Mary Pollock The Michigan Legislature officially adjourned for the year on November 14, but voting was finished on the night of November 9. The early adjournment essentially…

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    4 min read

  • Retirement Matters – December 2023

    Retirement Matters – December 2023

    By Joanne Bump Inflation Premium Increase — Long Term Care (LTC) insurance pays for nursing homes, assisted living facilities, and home care. Some State employee retirees received a letter…

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    4 min read

  • Chair Talk – November 2023

    Chair Talk – November 2023

    By Bob Kopasz At our November 3, 2023 Coordinating Council Meeting we had Bethany Beauchine, Keri Rust and Alexis, a new staff member from Employee Benefits give the…

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    4 min read

  • Retirement Matters – November 2023

    Retirement Matters – November 2023

    By Joanne Bump Current Issues With Social Security and Medicare — Most Defined Benefit state employee retirees depend on financial support from their pension, Social Security, Medicare, and job…

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    4 min read