Pension & Retirement Boards

Close up view of exterior of Jackson City Hall


Policemens & Firemens Pension Fund (the original Police & Fire Plan)

Membership to the plan was available to police officers and fire fighters who were regular City employees and were hired prior to July 1, 1973. Revenue for the Fund is derived from City contributions, interest, dividends and other income from investments of the Pension Fund. City contributions are actuarially computed so that sufficient funds exist to fully fund the costs of benefits likely to be paid on account of service rendered and to finance the unfunded costs of benefits likely to be paid on account of prior years of service. The Plan also contains an escalation clause which requires that pensions and annuities be adjusted whenever a change occurs in the rates of members' current salaries. This Fund was adopted by referendum on November 5, 1957 via City Charter.

Meetings are held the first Wednesday of February, May, August and November at 9:00 a.m. in the 10th Floor Conference Room of Jackson City Hall, 161 W. Michigan Avenue, Jackson, MI 40201. 

Act 345 Policemens and Firemens Retirement Plan

The FIRE FIGHTERS AND POLICE OFFICERS RETIREMENT ACT 345 of 1937 is an act to provide for the establishment, maintenance, and administration of a system of pensions and retirements for the benefit of the personnel of fire and police departments employed by cities, villages, or municipalities having full paid members in the departments. Revenue for the Plan is derived from employee contributions, City contributions, millage, interest, dividends and other income from investments of the Plan. City contributions are actuarially computed so that sufficient funds exist to fully fund the costs of benefits likely to be paid on account of service rendered and to finance the unfunded costs of benefits likely to be paid on account of prior years of service.

Meetings are held at 9 a.m. the first Wednesday of February, May, August and November and the second Thursday of January, March, April, June, July, September, October, and December. The location switches between the 2nd Floor and 10th Floor Conference Rooms of Jackson City Hall, 161 W. Michigan Ave. Jackson, MI 49201. 

City Employees Retirement System

The city’s Employees Retirement System was established by City Ordinance July 1, 1945. Membership of the Retirement System includes City employees, City officials, and members of boards, commissions, or authorities established by the City Commission whose position requires one thousand or more hours of work in a calendar year, with stated exceptions within the Ordinance. Revenue for the System is derived from member contributions, City contributions, interest, dividends and other income from investments of the Retirement System. Members of the Michigan Association of Public Employees as well as non-union members contribute. Total contributions are determined by the City's Actuary.

Meetings take place the first Wednesday of February, May, August and November, 10:00 a.m in the 10th Floor Conference Room of Jackson City Hall, 161 W. Michigan Avenue, Jackson, MI 40201. 

Minutes and Agendas

Minutes and agendas for these boards can be found in the City's Agenda Center.

Serve on these boards

If you'd like to serve on one of these boards, please complete a Board/Commission Application on the City website. 

Contact Us

  1. Sandy Sykes 

    Pension Specialist

    Email

    Phone: 517-768-6382

    Jackson City Hall, 4th Floor

    161 W. Michigan Ave. 

    Jackson, MI 49201