michigan retirement system

News

State cuts ties with investment firm after CEO makes sexually explicit comments

Lauren Talley

The state of Michigan will no longer work with financial adviser Fisher Investments.That's after CNBC and the Washington Post reported the group’s founder…

Education

Michigan lawmakers look at changing future teacher retirement fund payments

Steve Carmody

State lawmakers are debating a change to the way the future teacher retirement fund’s growth is projected.Currently, projections for future retirement…

Politics & Government

One in five Michigan municipalities has underfunded retiree plans

The Associated Press

Michigan says more than one-fifth of local governments have an underfunded pension plan, retirement health care plan or both.The Treasury Department on…

Analyst calls Michigan retirement system selling off gun stocks 'symbolic'

Steve Carmody

Michigan’s retirement system has sold off the last of its holdings related to the gun industry.The State of Michigan Retirement systems (SMRS) recently…