Sunday, February 19, 2017

MERS Legal

Our in-house legal staff actively monitors state and federal laws, ensuring that our plans are in compliance. In addition, we actively maintain our qualified status as a 401(a) plan with the Internal Revenue Service. We’re required to follow Michigan state law and prudent standards of diligence, and we’re dedicated to maintaining strict oversight and management to meet those requirements.

MERS Plan Documents

Procedure for Review of Formal Requests for Changes to MERS Plan Document

Freedom of Information Act (FOIA):

Contested Cases

Municipal Employees Retirement Act (PA 427 of 1984)
This act provides for a retirement system for municipal and judicial employees.

Public Employees Retirement System Investment Act (PA 314 of 1965.)

Reciprocal Retirement Act (Act 88 of 1961) 
Or Contact MERS for a copy.

Participating Act 88 Units
List of all MERS and non-MERS units that have adopted the Reciprocal Retirement Act (Act 88 of 1961.)

EGTRRA Information
Impact on MERS from pension reforms made by the Economic Growth and Tax Relief Reconciliation Act of 2001 ("EGTRRA").

Social Security Act - SECTION 419 NOTICE
Information on the SSA requirement
(Effective 1-1-2005)
Impacting new hires. See Form.

MERS Safe Harbor
MERS Safe Harbor Explanation, special tax notice regarding tax payments

Prior Service Credit
Prior service credit and the prospective MERS municipality.

MERS Social Media MERS Facebook MERS TwitterMERS LinkedInMERS Youtube

The information contained in this Web site is being made available as a public service. The information is not intended to constitute legal or investment advice, or to replace official versions of that information. Benefit Estimates or Service Credit Purchase estimates requested through this Web site are not official descriptions of any benefits, and do not represent a promise by MERS to provide any benefit(s) to any person(s). No one can detrimentally rely upon the information provided in, or requested through this Web site. MERS reserves the right to correct any errors, and presents this information without warranties, express or implied, regarding the information?s accuracy, timeliness or completeness. If you believe the information is inaccurate, out-of-date, or incomplete, or if you have problems accessing or reading the information, please call MERS at 800.767.MERS (6377).