Tuesday, December 11, 2018

Media Resources

Quick Links:

About MERS
Experience Study Overview (pdf)
Financial Wellness Report (pdf)
GASB 68 Fact Sheet (pdf)
MERS Participating Municipalities (pdf)
 
 

Media Contact

Jennifer Mausolf
Communications and Retirement Strategies Director
517.703.9030
jmausolf@mersofmich.com

 

 

Myths & Facts

The retirement field can be complicated, and we want to be sure we share accurate information. Here are some common myths and facts:

MYTH: MERS assumed an 8 percent rate of return in its 2015 financial report, but it has only achieved an actual rate of return of 6 percent since 2000.

FACT: As retirement plans operate over long-term time horizons, it’s important to look at long-term rates rather than any single year, or 10 year period. Historically MERS has met the 8 percent assumption over the long-term, however, since the financial crisis in 2008, experts agree that a 7.75 percent long term assumption might be more achievable.

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Disclaimer
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 If you believe the information is inaccurate, out-of-date, or incomplete, or if you have problems accessing or reading the information, please call MERS at 800.767.MERS (6377).