Michigan Public School Employees' Retirement System

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Two retirement plans: the choice is yours

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The Michigan Public School Employees’ Retirement System provides competitive retirement benefits. As a new public school employee, you have a choice for your future retirement plan: The Pension Plus 2 plan or the Defined Contribution (DC) plan.

To help you understand both plans, the Office of Retirement Services and Voya Financial®, the third-party administrator for the plans, created this Retirement Plan Election Guide. Please read it carefully. You may wish to talk about the plans with the people in your life who would be affected by your decision or possibly consult with a tax or financial advisor before making your choice.

ORS mailed you a welcome letter shortly after you were hired. Review your welcome letter and read about your retirement benefit options in the Get To Know The Plans section of this website.

After reviewing your retirement benefit options:

  1. Click I’M READY TO MAKE MY ELECTION, which takes you to miAccount. You’ll need your Member ID, which is located in your welcome letter, to register in miAccount.
  2. Acknowledge you received a description of the benefit options, which is available in the Retirement Plan Election Guide on the PickMiPlan website.
  3. Make your retirement plan election in miAccount.

“MichiganThe Office of Retirement Services administers retirement programs for Michigan's state employees, public school employees, judges, state police, and National Guard members. ORS serves 550,000 active and retired customers representing approximately one out of every nine Michigan households. Within these systems, ORS administers the following plans: defined benefit, defined contribution, deferred compensation, hybrid, and retiree healthcare. ORS is responsible for the 18th largest public pension system in the U.S. and the 48th largest pension system in the world, with combined net assets of $74.1 billion. ORS is a division of Michigan’s Department of Technology, Management and Budget. ORS has partnered with Voya Financial to provide the State of Michigan 401(k) and 457 Plans.

“VoyaVoya Financial (NYSE: VOYA) is the company that takes care of the daily servicing of the State of Michigan 401(k) and 457 Plans, providing you with plan information, saving and investing education, transaction processing, statements and more. Voya serves the financial needs of approximately 13 million individual and institutional customers in the United States. Voya is grounded in a clear mission to make a secure financial future possible – one person, one family, and one institution at a time. Voya also provides valuable online tools and resources to help you plan and set goals for your retirement. For more information, visit

Information from registered Plan Service Representatives is for educational purposes only and is not legal, tax or investment advice. Local Plan Service Representatives are registered representatives of Voya Financial Advisors, Inc., member SIPC. Plan administrative services are provided by Voya Institutional Plan Services, LLC (VIPS). VIPS is a member of the Voya® family of companies and is not affiliated with the Michigan Office of Retirement Services.

Mobile – Search Voya Retire in the app store* or in the Google Play Store.
Phone – Call 800‑748‑6128

Remember: You have a short time to elect which plan is right for you, so be sure you don’t miss the deadline. You only have 75 days from your first payroll end date to make your choice. Once you make your election, you cannot change your retirement plan.