MPSERS information sessions slated
May 26, 2010
KALAMAZOO--Western Michigan University has scheduled two information sessions for employees who are part of MPSERS—Michigan Public School Employee Retirement Services—and who are eligible to take advantage of new retirement incentives recently approved by the Michigan Legislature.
Sessions at 5:30 p.m. Thursday, May 27, and Tuesday, June 1, will take place in the Kirsch Auditorium of the Fetzer Center.
Richard Schaper, manager of WMU retirement services, will conduct the sessions to answer questions eligible employees have about the decision-making process and the impact of the incentives on retirement planning and benefits. He will discuss timing, benefits coordination and issues relating to employees who meet MPSERS eligibility requirements but not those of the University.
The early-out incentives apply to about 56,000 eligible employees statewide. At WMU, about 300 employees meet eligibility requirements and have received letters from MPSERS.
The MPSERS plan was an option once offered to new WMU employees, but the University ceased new enrollments in MPSERS in 1996.
Media contact: Cheryl Roland, (269) 387-8400, email@example.com