50 Percent Housing Discount

Employees, Retirees and their Immediate Families:

The Detroit Land Bank Authority will give a 50 percent discount on houses bought through the Detroit Land Bank’s housing auction program at BuildingDetroit.org to all city employees, city retirees, and to family members.

The only requirement will be that they continue to own the house for at least three years. If they resell the house before three years, they will have to share any profit with the land bank on the following formula:

  • Sale in first 12 months: 75 percent of profit returned to land bank 
  • Sale in 13-24 months: 50 percent of profit returned to land band 
  • Sale 25-36 months: 25 percent of profit returned to land bank

To view and place bids on available properties you can register at the Detroit Land Bank Authority website - www.buildingdetroit.org. Please contact your local City Council representative to receive discount verification.

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Important message from the Trustees of the City of Detroit General Retirement System Click Here

Important Retirement System News You Need To Know Learn More ›

GRS January 2019 Newsletter Click Here

Please be advised that due to severe weather, the US Postal Service cancelled postal service in many areas of the country for two days. Therefore, members may see a delay in the receipt of mailed checks/stubs. 

Note: 1099's for 2018 have been mailed. Members can view and print the 1099's from the Paylocity website.

Important Messages:

* RSCD’s new payroll system provides retiree’s with a self-service portal called Web Pay. Retiree's can update address information, view pay stubs, update direct deposit information. Click here to view directions on how to access the new features. 

* Your June 1, 2018 pension check and stub will have a different look due to the changing of check processing companies.   You may also see an increase or decrease in the amount of tax withholding on your check.  This may be due to the combing of multiple checks into one payment and/or a change in state tax tables.  Contact RSCD if you would like to adjust your tax withholding.

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