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The Michigan Office of Retirement Services (ORS) administers retirement programs for Michigan 's state employees, public school employees, judges, state police, and National Guard. ORS also provides various retiree healthcare benefits, including traditional insurance plans, Personal Healthcare Funds, and Health Reimbursement Accounts.
On January 17, 2013, Governor Rick Snyder ordered that the Office of Financial and Insurance Regulation (OFIR) be transfer out of the Michigan Department of Licensing and Regulatory Affairs to form a new principal department, the Michigan Department of Insurance and Financial Services, effective March 19, 2013. [3]
The Office of Retirement Services (ORS) administers defined benefit, defined contribution, hybrid, and deferred compensation retirement programs for Michigan's state employees, public school employees, judges, state police, and National Guard. Plans for over 550,000 public servants and their families, representing 1 in 9 Michigan households.
As of late July, the State of Michigan Retirement System had about $6.6 million invested in bitcoin, the most well-known form of cryptocurrency, said Ron Leix, a spokesman for the state treasury.
The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK 21Shares Bitcoin ETF, it disclosed in a ...
Department of Health and Human Services. Department of Insurance & Financial Services. Department of Licensing & Regulatory Affairs. Department of Lifelong Education, Advancement, and Potential (LEAP) Department of Military & Veterans Affairs. Department of Natural Resources. Department of State (DOS) Department of State Police.
Here are the basic laws around car insurance in Michigan: Insurance requirement: Michigan requires all drivers to carry at least a minimum amount of car insurance coverage as determined by state ...
The governor of Michigan, is the head of government of the U.S. state of Michigan as well as the commander-in-chief of the state's military forces. [2] The governor has a duty to enforce state laws; [3] the power to either approve or veto appropriation bills passed by the Michigan Legislature; [4] the power to convene the legislature; [5] and the power to grant pardons, except in cases of ...