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Tuesday, September 25, 2018

Administrative and Policy Change Log

Here you will see a list of Admin and Policy changes.

Posting Date: July 02, 2018
Impacted Audiences: Municipalities with a MERS Defined Benefit Plan, Defined Contribution Plan or Hybrid Plan
Details: At the March MERS Retirement Board Meeting, the Board voted to amend the plan termination policy for the defined benefit, defined contribution and hybrid plans....Learn more
Posting Date: May 25, 2018
Impacted Audiences: Municipalities with a MERS Defined Contribution Plan
Details: In order for MERS to provide participants enrolled in the defined contribution plan with a Snapshot retirement readiness report, employers must verify or submit 2017 wages to MERS. ...Learn more
Posting Date: December 12, 2017
Impacted Audiences: Municipalities with a MERS Health Care Savings Program
Details: Some municipalities with the MERS Health Care Savings Program may be inaccurately administering the leave conversion provision of their plan...Learn more
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