The window to make an election for your MPSERS retirement plan is winding down – if you are a member of MPSERS, only 3 weeks are left for you to make a decision on your future. Even if you don’t realize it, you are probably one of the 630+ NMC employees in MPSERS who have an opportunity to make a choice on your pension.
There will be only 2 sessions next week:
Monday, 10/8/12 8:30 – 10:00 am LB35-37
Tuesday, 10/9/12 8:30 – 10:00 am UC205
If you haven’t attended a session yet and want help understanding the choices that affect you, come to one of these meetings to learn….
How to go online to miAccount and what tools are available there regarding the changes to the law governing your pension plan
- What your choices are for retirement healthcare under the new legislation (This affects you if you started before 9/4/12
- What your choices are for your pension under the new legislation (This affects you if you started before 7/1/10)
- How to access an online calculator to help you understand the differences between the 4 pension options
- How MPSERS calculates your pension amount and why choosing the best plan for you during this election can make a difference in your retirement
- How to opt out of the retiree health care plan and maybe even the pension plan and start putting your money into portable personal retirement funds instead of the State pension plan
Don’t let this opportunity pass you by – it may be your only chance to have a say in how your future retirement will be calculated and how much money you will contribute from your paycheck.