Retirement Plans

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Below are the investment options available in the Oakland County Retirement System. We have included documentation to answer various questions related to the Oakland County Deferred compensation plan.

Please reference the Health Care Schedule for health care information.

Defined Contribution(DC)

*401(a) Plans and Employer and Employee Percentages

Here's how to see what 401(a) plan you're in:

  1. Login to Workday
  2. Click on the person icon in the upper right corner
  3. Click View Profile
  4. Navigate to Benefits on the left-hand side
  5. Click on My Retirement Savings
401(a) Plan   Employer Contribution  Employee Contribution
4015-3 8%  3%
4016UAW 9% 3% 
4016-5* 11%  5%
4016-3 9% 3% 
4017-5* 12% 5% 
4016SD 11% 4% 
4017SD* 13% 6% 
401RDN 11%  4%
4016SC  12% 7% 
4017SC*  13% 6% 

 *Converted from Defined Benefit (DB) to Defined Contribution (DC) Plan 

You are in the Defined Contribution Plan administered by Empower. You can access your account information by phone at 833-OAK-GOV1 (833-625-4681) or via empower.com/oaklandcounty .

These are set retirement plans and no additional before-tax monies can be contributed.

However, you may contribute up to an additional 10% of your wages out of your paycheck on an after-tax basis to this account. You can begin, end or change the amount of your after-tax contributions on a bi-weekly basis. This may be accomplished by calling Empower or visiting empower.com/oaklandcounty .

The vested portion of the money contributed to this plan by the County and your before-tax contributions are available to you at the time you separate from employment or via the loan provision of the plan. The money you contribute after tax (if you choose to do so) can be withdrawn once each calendar year.

You may invest the money you contribute and the money the County contributes in a variety of investment options. Please visit empower.com/oaklandcounty to view/change your investment options. 

You gain ownership (“vest”) in the money the County contributes according to the following schedule: 

Years of Service Completed % Vested
                                2         20%
                                3         40%
                                4         60%
                                5         80%
                                6        100%

For example, if you were to leave County employment after 5 years of service, you would be paid all of the money in the fund(s) that held your contributions and 80% of the money in the fund(s) that held the County contributions.

***Some bargaining units may differ.

Defined Benefit (DB) - Closed Plan

Employees hired before January 1, 1994

View Defined Benefit (DB) - Closed Plan Details