Your Retirement Account
While you work as an enlisted officer, your employer forwards information
about your wages and service to ORS. It also sends employer contributions to the
retirement system fund, which is invested by the Michigan Department of
ORS maintains your wage and service records so that when the day comes, we
can determine your eligibility for a pension, calculate the pension, and put you
on the retirement payroll. You may log onto miAccount, after creating a secure account using your member ID, and view your current
service credit totals.
We also keep track of any personal contributions you may have on account. The
State Police Retirement System has been a noncontributory system since 1974.
That means that it is funded by employer contributions, and employees do not
contribute to the retirement fund. However, if you were a member of the system
before 1974, or if you have purchased any service credit, you might have
personal contributions on account. If you do have personal contributions, we
keep a separate record, pay interest, and report your balance in
miAccount. If you
die before reaching pension eligibility, we'll refund your personal
contributions to your beneficiary or estate.