retirement benefits

1. November 3, 2020

   Michigan Medicine announces faculty, staff benefits changes

   Michigan Medicine’s comeback from pandemic-related financial losses is allowing the organization to reinvest in its people and roll back targeted Economic Recovery Plan reductions.

2. May 5, 2020

   Retirement loans, withdrawals available for coronavirus needs

   Faculty and staff may withdraw or initiate loans from their accounts in certain U-M retirement savings plans under a provision of federal legislation designed to assist investors affected by the COVID-19 pandemic. 

3. March 12, 2014

   Changes to U-M retirement savings plan announced

   University leaders have accepted the recommendations of two committees charged last fall with reviewing aspects of retirement savings and retiree health benefits, and paid time off at the U-M Health System.

4. November 11, 2013

   SACUA passes resolution regarding retirement savings proposal

   The Senate Advisory Committee on University Affairs unanimously approved a resolution Monday that outlines its concerns with a recently announced effort to look for ways to reduce the cost of the university’s retirement savings plan.