University Of Michigan Benefits Office
Web site A - Z
Confidentiality Statement
HRAA Home




Home Benefits Services Job Groups Benefits Plans Life Events Forms FAQ Our Office Contact Us UM Gateway
UM HRAA Benefits Office Plans Retirement Savings Plans

Retirement Savings Plans

Benefits Plans Home
Retirement Savings Plans Home
Basic Retirement Plan
Supplemental Retirement Accounts (SRAs)
Extra to Basic vs. SRA
Eligible Compensation
New Employee SRA Calculator (PDF)
TIAA-CREF Investment Funds
Fidelity Investment Funds
Enrollment Deadlines
Compulsory Participation
Cancel Enrollment
Re-Enrollment
Retirement Savings Plan Forms
Quarterly Statements
Rollovers & Transfers
Cash Withdrawals
QDRO
Your Tax Deferring Limit
Federal Income Tax
Michigan Income Tax
IRS 10% Penalty
Myths and Misconceptions
Military Leave
MPSERS
Your Retirement Income Choices
How to Choose a Financial Planner
IRS/SRA Max Limit Handbook
Glossary
Your W-2
Temps


Questions

Contact Us
HR/Payroll Service Center

 

image

Credit to Retire from the State of Michigan

I work for the State of Michigan; can I receive credit for the time worked at the University of Michigan to retire from the state?
Yes. Eligibility requirements and forms may be found by contacting:

Michigan Department of Management and Budget
Office of Retirement Services
P.O. Box 30171
Lansing , MI 48909-7671
517-322-5103

http://www.michigan.gov/ors/

Can I receive credit for time worked at the University to retire from another state’s system?
Check with the your current employer to determine if they will allow you to receive credit to retire based on your time worked at the University and what information they require.

How will the Payroll Office verify my University employment?
The Payroll Office will confirm that you were employed based on any time periods during which you received a paycheck from the University. Payroll will also confirm whether any deductions were taken for the retirement plan. Allow three to four weeks for processing.

Is there a fee?
Yes, the Payroll Office assesses a $15 fee to research your records and provide verification of your employment. Make your check payable to “The University of Michigan.”

How do I start the process to verify my employment at the University?
Send the following to the University of Michigan Payroll Office:

  1. A letter requesting verification of your employment and the approximate dates when you worked for the University.
  2. The State of Michigan form to be completed. If you are applying for credit to retire from another state’s retirement system, include their form or a letter stating the information they are requesting.
  3. Payment of the $15 service fee.

Mail everything to:

The University of Michigan
Payroll Office
G395 Wolverine Tower
3003 S. State Street
Ann Arbor, MI 48109-1279

Phone: (734) 615-2000, Option 2
FAX: (734) 647-3983

 

 


 

Every effort has been made to ensure the accuracy of the benefits information in this site. However, if any provision on the benefits plans is unclear or ambiguous, the Benefits Office reserves the right to interpret the plan and resolve the problem. If any inconsistency exists between this site and the written plans or contracts, the actual provisions of each benefit plan will govern. The University in its sole discretion may modify, amend, or terminate the benefits provided with respect to any individual receiving benefits, including active employees, retirees, and their dependents. 

©2002 University of Michigan Human Resources and Affirmative Action | Benefits Office | Wolverine Tower - Low Rise G250, 3003 South State Street, Ann Arbor MI 48109-1278 | Fax (734) 763-0363