A Potential Mistake in the ESP Packet [5.14.13]
It has come to the attention of the DFT that some members may have received ESP packets that contained inaccurate information concerning the number of years of service credit a member has for use in calculating that member's pension benefit. Before considering accepting the ESP and retiring, members should check their miAccount (michigan.gov/orsmiaccount) to verify the years of service credit that the retirement system's records show. It is the retirement system that determines years of service credit -- not DPS and not EPC (the company administering the ESP).
