MYTH: MERS is an outsource management model.
FACT: The Municipal Employees' Retirement System (MERS) of Michigan is an independent, professional retirement services company that was created to administer the retirement plans for Michigan municipalities on a not-for-profit basis.
Our elected board is responsible for the administration of the system with fiduciary responsibility for the investment of assets and oversight. Pooling municipal assets for investment purposes provides benefits to members, including lower costs.