KELLOGG COMMUNITY COLLEGE
450 North Avenue • Battle Creek, MI. 49017 • 269.965.3931
Employee Retirement Plan
Full-time, regular faculty and full-time administrators have a choice between the Michigan Public School Employees Retirement System (MPSERS) which is a defined benefit retirement plan or the College’s TIAA/CREF optional retirement program (ORP) which is a defined contribution retirement plan. Both plans require an employee tax-deferred payroll contribution.

All other employees, except student employees, participate in MPSERS.

MPSERS employees contribute according to the structure below:

Telephone: 800.353.6932 or 800.381.5111
Visit their website: www.michigan.gov/ors/

MiAccount website – www.michigan.gov/orsmiaccount
Employees may sign up on MiAccount to view, print, and change personal account information, such as name or beneficiary.

This deduction is based on a graduated scale each fiscal year, July through June. Effective July 1, 2010, the following rates apply depending on your benefit structure:

BASIC3%

MIP FIXED6.9%

MIP GRADED
Of the first $5,000 earned6% of gross wages is deducted
From $5,001 to $15,0006.6% of gross wages is deducted
On earnings over $15,0007.3% of gross wages is deducted

MIP PLUS (employees who become part of MPSERS after July 1, 2008)
Of the first $5,000 earned6% of gross wages is deducted
From $5,001 to $15,0006.6% of gross wages is deducted
On earnings over $15,0009.4% of gross wages is deducted

HYBRID (new employees first working July 1, 2010 or later - rates may change September 2010)
Of the first $5,000 earned6% of gross wages is deducted
From $5,001 to $15,0006.6% of gross wages is deducted
On earnings over $15,0009.4% of gross wages is deducted


TIAA/CREF optional retirement program employee contribution is 4% of the employee's gross wages. KCC contributes 10.5% of the employee's gross wages to the employee's account.

Visit their website: www.tiaa-cref.org