MYTH: When MERS takes on a struggling municipality, it hurts other members.
FACT: Each member's retirement plan is maintained in a separate trust, which gives our members the benefits of pooling resources for investments while maintaining the integrity and individuality of each plan. Additionally, MERS has a successful track record of improving the financial health of our members' retirement plans, including turning around and rehabilitating plans that are struggling financially when they enter MERS.