Follow the steps below to enroll in the Basic Retirement Savings Plan if you did not enroll as a new employee or when you were newly eligible. If you are a compulsory participant, you will not use Wolverine Access. Refer to the important note for compulsory participants below.

Please note: Enrollment in the Retirement Savings Plan is a two-step process. Enrollment is NOT COMPLETE unless you enroll in the Voluntary Retirement AND Retirement Vendor plans.

Follow these steps:

1. Go to Wolverine Access
2. Enter 'Benefits' in the search bar
3. Select the Benefits Self-Service tile
4. Enter your uniqname and UMICH password; Two-factor (Duo) for Weblogin is required.
5. Select the Initiate Ret Savings Elections tile
6. Click the Enter my Basic/SRA Elections button
7. Select the Retirement Vendor tile
8. Click the Select button next to 'Basic Retirement Vendor'
9. Enter your vendor allocation (Contributions may be allocated to either or both. Sum must total 100.00.)
10. Click Save in the upper right hand corner
11. Select the Voluntary Retirement  tile
12. Click the Select button next to 'Basic Retirement Savings Plan' (If the 'Select' button is not available, click 'Cancel' and complete your Retirement Vendor elections first.)
13. Click Save in the upper right hand corner
14. Click the Finalize Elections button
15. Click the Submit and View Stmt button 

You can select your investment funds and designate your beneficiaries by visiting the TIAA and or Fidelity Investments websites for the U-M plans.

Complete the 2 Steps

Enrollment in the Retirement Savings Plan is a two-step process. You must ALSO select the Voluntary Retirement card and click the Basic Retirement Savings Plan select button to complete your retirement plan enrollment if you are enrolling in the Basic Retirement Savings plan. Enrollment is NOT COMPLETE unless you enroll in the Voluntary Retirement AND Retirement Vendor plans.

You need to designate your investment fund choices and beneficiaries separately for each type of plan in which you enroll. Fund choices and beneficiary designations you have already made for one plan, such as the Basic Retirement Savings Plan, do not automatically carry over to the 457(b) or the 403(b) SRA (and vice versa).  You need to designate your beneficiary separately each time you enroll in a new type of plan.

If You are a Compulsory Participant

If you are a compulsory participant in the Basic Retirement Plan (you are age 35 or older, with two or more years of eligible service, and you have a 100% appointment effort), and you would like to cancel the Reduced Benefit Option and contribute 5% and receive the 10% U-M match, use this eForm. If you prefer a paper version, download and complete the Cancel the Reduced Benefit Option form and return it as instructed on the form to enact the change in contribution rates.