The Office of Retirement Services administers retirement programs for Michigan's state employees, public school employees, judges, state police, and National Guard members. ORS administers five defined benefit pension plans, four defined benefit retiree healthcare plans, and two defined contribution plans, managing combined net assets of over $73.3 billion.
Assets under Management (AuM):
Alternative Assets: 47%
“To empower our customers for a successful today and a secure tomorrow.” (Public Pension Fund)
52% (10/10 Governance, 2/10 Sustainability, 1/5 Resilience) in 2022 (first year of assessment).