Michigan plan election 2025

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The document outlines the retirement plan options available to new public school employees in Michigan who began work on or after September 4, 2012. Employees can choose between the Pension Plus plan, which combines a pension component with a savings component, and the Defined Contribution (DC) plan, which is solely a savings plan. New hires are automatically enrolled in the Pension Plus plan and have 75 calendar days from their first payroll date to opt for the DC plan. The document details contribution rates, employer matches, healthcare benefits, and the irrevocable nature of the election.

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Click ‘Get Form’ to open the Michigan Plan Election form in the editor.
In Section I, provide your personal information including your name, last four digits of your SSN, employer details, mailing address, and contact numbers.
Move to Section II to select your retirement plan. Carefully read the options: Defined Contribution (DC) plan or Pension Plus plan. Make sure to understand the implications of each choice.
Once you have made your selection in Section II, proceed to Section III. Sign and date the form to confirm your election is based on your individual circumstances.
Finally, submit the completed form to your employer within 75 calendar days from your first payroll date. Use our platform’s features for easy submission and tracking.

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Versions	Form popularity	Fillable & printable
2015	4.9 Satisfied (241 Votes)
2014	4.2 Satisfied (36 Votes)

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