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6.03 Overview of plans and contributions
6.03 Overview of plans and contributions
Member plans are determined by the date of hire and other elections offered to members. The following sections provide information about the plans and the contributions for those plans.
- 6.03.01 Basic plan and Basic 4% plan
- 6.03.02: MIP Fixed, MIP Graded, MIP Plus, and MIP 7% plans
- 6.03.03: Pension Plus and Pension Plus 2 plans
- 6.03.04: Defined Contribution (DC) plan and Basic/MIP Converted to DC plan
- 6.03.05: State of Michigan 457 Plan for DB members
See also section 7.02.02: Reporting DB wages, hours, and contributions on a DTL2 record.
Last updated: 03/18/2022