MARSP Legislative Committee takes action on legislation

The MARSP Legislative Committee recently took action on the following legislation:

MARSP opposes SB 102, which would close out the MPSERS defined benefit plan to new hires, with the following rationale:

This bill would amend MPSERS Act to require that public school employees hired after July 1, 2015 no longer have a choice between a Defined Benefit and Defined Contribution plan. They will only have the option of a Defined Contribution plan. MARSP opposes this bill as MARSP opposes any legislation that removes members from paying into the MPSERS system. In addition, MARSP opposes this bill as it would also force school personnel to become financial managers of their own retirement accounts. Most school employees are not trained financial managers and will not be able to equitably fund their retirement in a defined contribution plan alone, due to excessive administrative costs and loss of value from the pooling of assets in a defined benefit plan. This legislation would also negatively impact the interest of those who would choose a career in the education field.

MARSP supports the May ballot proposal to increase the state sales tax from 6 to 7 percent and provide additional funding for schools and local municipalities with the following rationale:

The May ballot proposal not only provides needed road funding, which benefits our members as a whole, but also provides approximately $300 million in additional funding for schools. This will positively impact our members by strengthening the Retirement System by freeing up revenue to reduce the unfunded liability and providing additional per pupil funding.

Also, with the current legislative climate in mind, please keep an eye on the MARSP website for important breaking legislative updates should any of the bills we are watching begin to move through the legislature.


MARSP Area Conference Schedule

Please view the Local Chapter Directory  to access specific local chapter information including area conference meeting details and contact information regarding reservations.

Chapter Name Date Time Location
Michigan Chapters
Allegan 4/16/2015 12:00 PM Allegan County Area Technical and Education Center
Alpena 5/14/2015
Baraga 5/12/2015 11:30 AM Baraga Lakeside Inn
Barry 5/20/2015
Bay Area 5/11/2015 11:00 AM Lumber Baron’s
Berrien 4/14/2015 11:00 AM Pebblewood Golf Course
Blue Water 5/13/2015 9:30 AM St. Clair County RESA
Branch 3/10/2015 11:55 AM United Methodist Church
Calhoun 4/13/2015 12:00 PM St Paul’s Lutheran Church
Cass 4/14/2015 9:00 AM Cass County Council on Aging
Cheboygan 5/13/2015 12:00 PM Cheboygan
Chippewa-Mackinac 5/20/2015 11:00 AM Lake Superior State University’s Cisler Center
Clare 5/5/2015
Clinton 4/13/2015 5:00 PM Clinton County RESA
Crawford-Oscoda 5/20/2015 12:00 PM Mio United Methodist Church
Delta 5/4/2015 12:00 PM Memorial United Methodist Church, Gladstone
Dickinson 5/21/2015 10:30 AM Pine Grove Country Club
Emmet 5/28/2015 9:00 AM Bay View Inn
Genesee 5/14/2015 10:00 AM Flint Area School Employees Credit Union
Genesee – West 5/5/2015
Genesee-Southeast 5/13/2015 10:00 AM Atlas Valley Country Club
Gladwin 5/18/2015 9:30 AM
Grand Traverse 5/12/2015 12:30 PM West Bay Beach Resort Holiday   Inn
Gratiot 4/14/2015
Hillsdale County 3/12/2015 12:00 PM Hillsdale County ISD
Houghton Keweenaw 5/14/2015
Huron 4/24/2015 11:00 AM Huron Area Tech Center
Ingham – Greater Lansing 4/16/2015
Ionia 4/16/2015 11:30 AM Ionia County Community Mental Health
Iosco-Alcona 5/21/2015 10:30 AM IRESA Educational Center
Iron 5/13/2015 11:00 AM Fortune Lake Lutheran Camp
Isabella 5/5/2015 12:00 PM Commission on Aging
Jackson 4/21/2015 11:30 AM First United Methodist Church
Kalamazoo 4/7/2015 11:30 AM Fetzer Center
Kent 4/20/2015 10:00 AM St Andrew’s Episcopal Church
Lapeer 4/20/2015 12:00 PM Lapeer County Center Building
Leelanau 5/20/2015 12:00 PM The Bluebird Restaurant and Bar
Livingston 5/21/2015 11:15 AM Howell Parks and Recreation
Macomb East 4/30/2015 8:30 AM Macomb ISD
Macomb North 4/30/2015 9:00 AM Macomb ISD
Manistee 5/11/2015 11:30 AM Bungalow Inn
Manistee 5/11/2015 11:30 AM Bungalow Inn
Marquette 5/6/2015 12:00 PM Negaunee Senior Center
Mason Lake 4/16/2015 9:30 AM Ludington Methodist Church
Mecosta-Canadian Lakes 5/28/2015 10:00 AM Alpine Haus
Menominee 5/7/2015
Midland 4/8/2015 12:00 PM Midland Community Center
Monroe 5/21/2014 11:30 AM Monroe County Community College
Monroe South 5/21/2014 11:30 AM Monroe County Community College
Montcalm 5/13/2015 12:00 PM Winter Inn
Muskegon 5/5/2015 Sons of Norway Hall
Newaygo 5/12/2015 12:00 PM First Methodist church
Oakland – Farmington 5/12/2015
Oakland – North 5/12/2015 9:00 AM St. George Cultural Center
Oakland – Suburban 5/12/2015 9:00 AM St. George Cultural Center
Oceana 5/18/2015 Hart United Methodist Church
Ogemaw 5/1/2015 11:00 AM Lumber Jack Restaurant
Osceola 5/5/2015 10:00 AM St. Paul Lutheran Church
Ottawa 4/29/2015 11:30 AM Boatwerks
Presque Isle 5/18/2015 10:00 AM Onaway Methodist Church
Saginaw 5/20/2015 1:00 PM Hellenic Center
Sanilac 5/20/2015 12:00 PM Liberty Lanes Bowling Alley & Restaurant
Schoolcraft 4/8/2015
Shiawassee 5/11/2015 1:00 PM St. Paul’s Episcopal Church
St. Joseph 5/11/2015 12:00 PM St. Joe Co ISD
Tuscola County 4/15/2015 11:00 AM The Brentwood
Van Buren 4/14/2015 9:00 AM Cass County Council on Aging
Washtenaw 5/13/2015 11:00 AM Weber’s Inn
Wayne – Detroit 4/10/2015
Wayne – Downriver 3/16/2015 12:00 PM Orlando’s in Riverview
Wayne – Metro 5/21/2015 10:00 AM Dearborn Hills Golf Course
Wayne – Northwest 4/8/2015 11:00 AM St. Mary’s Cultural Center
Wexford-Missaukee 5/21/2015 9:30 AM Wexford-Missaukee Career Tech
Out-of-State Chapters
AZ – Tucson/Green Valley Chapter 3/2/2015 9:00 AM Hilton Garden Inn – Airport
CO – Colorado 5/7/2015
FL – Char-Sota 3/10/2015 9:30 AM Olde World Restaurant
FL – Greater Daytona 3/19/2015 Red Lobster in Daytona
FL – Heartland 3/10/2015 10:30 AM Avon Park Public Library
FL- Lee County 3/17/2015
FL – Southwest Gulf Coast 3/19/2015 11:30 AM North Naples United Methodist Church
FL – Space Coast 3/5/2015
FL – St. Petersburg 3/9/2015 11:30 AM Unity Church of Palm Harbor
FL – Suncoast 3/26/2015
FL – Treasure Coast 3/9/2015 11:30 AM Maneros
TN – East Tennessee 5/6/2015 9:00 AM
TX – Dallas/Fort Worth 4/12/2015 2:30 PM Phyllis Burton-Jenkin’s home

Important information for renewing membership online

The MARSP website is now available for online joins and renewals.  If you are renewing, you will need to log in to your account to access your renewal information.  The username login refers to your email address and the password must be entered in ALL CAPS. The default password is the first letter of your first name and your entire last name (e.g. JSMITH) in ALL CAPS. You may also use the “Lost Password” feature to retrieve your password.

Please note: If you are a lifetime member of the state MARSP organization and need to renew only your chapter dues, you will need to call the MARSP office at 517-337-1757.

Thank you for your support of MARSP as we work to maintain and improve benefits for all Michigan public school retirees.


Renew Membership

MARSP Foundation Scholarship Application

MARSP Foundation Scholarship Application

The MARSP Foundation Scholarship Application is to be received by the Chief Executive Officer between January 1 and April 1 for the fiscal year of July 1-June 30. Eligibility: Any current employee of any public school which reports to MPSERS (Michigan Public School Employees Retirement System) may receive a scholarship grant for any and all educational endeavors available from, but not limited to, a four-year degree granting institution of higher learning, a community college, a technical or vocational institution within the state of Michigan, or seminars/workshops offered by any legally established professional organization from within the state of Michigan. It is expected that the recipient will agree to continue to work in a Michigan public sector educational institution for at least one year following the date of the completion of the training. Withdrawal from the program prior to completion may result in a loss of funding. The grant shall not exceed $1,000.00. Disbursement of all scholarship funds (tuition and materials) shall be made directly to the institution or professional organization up to the amount of the scholarship award. *The IRS requires your social security number to receive this scholarship. You will be required to submit this information upon being awarded a scholarship.
  • *Scholarship funds are not disbursed before July 1st of the year awarded.
  • Please include an informal letter enabling the selection committee to become acquainted with you as an individual. Include information such as: long-range professional/ vocational goals and plans, personal attributes, need for financial assistance, how this course will help you in your current job or future advancement, how you became aware of this scholarship. Please conclude with a statement certifying that the information in this application is true and accurate to the best of your knowledge and belief.

Priority Health introduces new digital magazine

Priority Health is launching a new digital magazine called ThinkHealth. ThinkHealth leverages experts within Priority Health as well as thought leaders and third party organizations across the health insurance, health care technology and fitness industries to provide thought-provoking, educational content to aid Michigan consumers in their health and wellness decisions.

Check out the new magazine at

NIRS study: DB plans still more cost-effective

The structural cost advantages of defined benefit plans over defined contribution plans has not changed in recent years, despite DC enhancements, said a research report released Thursday by the National Institute on Retirement Security.

The report revisits 2008 NIRS research that found a typical large defined benefit plan provides the same level of retirement benefit at half the cost of a defined contribution plan. In the 2014 report, “Still a Better Bang for the Buck: An Update on the Economic Efficiencies of Defined Benefit Pensions,” a typical DB plan has a 48% cost advantage over DC for an identical level of benefit, despite DC enhancements like target-date funds and annuities.

The three structural cost advantages of DB plans are longevity risk pooling; well-diversified, long-term portfolios; and low-fee professional investment management, according to NIRS researchers, who found a 100-basis-point differential in DC returns due to higher expenses and reduced investing skill among participants.

“What doesn’t get talked about is the participant drag aspect on all this,” said NIRS Executive Director Diane Oakley. For employers considering shifting to DC from DB, “the bottom line is that people will have significantly lower benefits, if you want to keep the cost the same,” Ms. Oakley said in an interview.

For the 2014 report, NIRS used new mortality tables with longer life expectancies, and used a more conservative assumption of when participants would run out of money.

Click here to access the full article with charts.