Benefits Plans - Retirement Savings Plans: Cancel Enrollment
Use Wolverine Access Self Service > Benefits and select Initiate Ret Savings Election to cancel enrollment in the Basic Retirement Savings Plan, the 403(b) Supplemental Retirement Account and/or the 457(b) Deferred Compensation Plan.
For instructions on how to use Self Service > Benefits, visit How to Enroll
If you are a compulsory participant in the Basic Retirement Savings Plan (you are age 35 or older, with two or more years of eligible service, and you have a 100% appointment effort) contact the HR/Payroll Service Center at 734-615-2000 for information on how to cancel your Basic Plan participation.
The University of Michigan in its sole discretion may modify, amend, or terminate the benefits provided with respect to any individual receiving benefits, including active employees, retirees, and their dependents. Although the university has elected to provide these benefits this year, no individual has a vested right to any of the benefits provided. Nothing in these materials gives any individual the right to continued benefits beyond the time the university modifies, amends, or terminates the benefit. Anyone seeking or accepting any of the benefits provided will be deemed to have accepted the terms of the benefits programs and the university's right to modify, amend or terminate them.