Additional Resources

Common Statutory Provisions/Laws

Here you will find a list of common statutory provisions/laws relevant to the Wayne County Employees’ Retirement System:

 

• Article IX, Section 24 of the Michigan Constitution(PDF, 6KB)
• Freedom of Information Act, Public Act 442 of 1976(PDF, 63KB)
• Open Meetings Act, Public Act 267 of 1976(PDF, 44KB)
• Eligible Domestic Relations Order Act, Public Act 46 of 1991(PDF, 22KB)
• Public Employee Retirement System Investment Act, Public Act 314 of 1965(PDF, 119KB)
• Reciprocal Retirement Act, Public Act 88 of 1961(PDF, 17KB)
• Social Security Number Privacy Act, Public Act 454 of 2004(PDF, 17KB)
• Public Employment Relations, Public Act 336 of 1947(PDF, 77KB)
• Public Employee Retirement Benefit Protection Act, Public Act 100 of 2002(PDF, 17KB)
• Public Employee Retirement Benefits Forfeiture Act, Public Act 350 of 1994(PDF, 13KB)
• County Boards of Commissioners Act 156 of 1851(PDF, 133KB)
• The Internal Revenue Code 402 Notice(PDF, 186KB)

 

Federal Laws

Here you will find details on Internal Revenue Code Section 415 and it relevance to the Wayne County Employees’ Retirement System:

 

IRC Section 415 & Service Purchase Fact Sheet(PDF, 75KB)

 

Retirement Ordinance

WCERS retirement ordinance(PDF, 282KB)

 

Prudential Defined Contribution Expense Ratios as of August 28, 2019

401A Defined Contribution(PDF, 135KB)

 

Prudential Deferred Compensation Expense Ratios as of August 28, 2019

457 Deferred Compensation - Mass Mutual(PDF, 126KB)

457 Deferred Compensation - Voya(PDF, 145KB)

 

AXA Fund Performance

AXA fund performance for Strategies 100, 200 as of October 31, 2020(PDF, 313KB)

AXA fund performance for Strategies 901 as of October 31, 2020(PDF, 314KB)

 

Helpful Links

The following sites are provided to you for information resources only. WCERS lacks having control over these sites and makes no representation as to their content.  Although every effort is made to assure these links are current, we cannot guarantee they will remain unchanged. If you find an inoperative link, we would appreciate your sending an email to webmaster@wcers.org to let us know.

 

• Wayne County at www.waynecountymi.gov

• AARP at www.aarp.org

• Prudential at http://waynecounty.retirepru.com/

• The Federal Government at www.firstgov.gov

• The Michigan Government at www.michigan.gov

• The Internal Revenue Service at www.irs.gov

• The Social Security Administration at www.ssa.gov

• The Michigan Association of Public Employee Retirement Systems (“MAPERS”) at www.mapers.org

• The National Association of Employee Benefit Plans at www.ncpers.org

• The International Foundation of Employee Benefit Plans at www.ifebp.org

• The Employee Benefit Research Institute at www.ebri.org

• The Government Finance Officers Association at www.gfoa.org

• Plan Sponsor at www.plansponsor.com

• The Council of Institutional Investors at www.cii.org

• The Charters Financial Analyst Institute at www.cfainstitute.org