Employee Benefits Law Blog
Posts in Public Employers.
Posted by: Amanda J. Dernovshek, Julie LaVille Hamlet and Mindi M. Johnson
State and local governmental employers in Michigan have several options when structuring retirement benefits for their workforce. Unlike private employers, governmental entities are generally not subject to ERISA and instead operate within a framework established primarily under the Internal Revenue Code, state law, and local ordinances or charters. As a result, public employers often have flexibility in plan design but must still consider administrative complexity, workforce objectives, and long-term financial commitments.
This article provides a high-level ...
Categories: Public Employers, Retirement Plans
