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Friday, December 19, 2014

MERS News

03
October 03, 2014 - 

SB 922 / PA 297 of 2014 (Senator Brandenburg – R – Harrison Township) has passed the legislature and has been signed by Governor Snyder.  It will extend the sunset date for local entities to bond for full or partial payment of OPEB and pension unfunded accrued liabilities from December 31, 2014 until

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Posted in: Legislative News
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15
Learn more and prepare for GASB 68 changes
August 15, 2014 - 

As you may know, changes are coming in 2015 to the way municipalities report their pension obligations. These changes, detailed in the Governmental Accounting Standards Board (GASB) Statement 68, will affect the balance sheets of many of our member municipalities.

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Posted in: MERS News
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05
This year’s Comprehensive Annual Financial Report available for download
June 05, 2014 - 
Our 2013 Comprehensive Annual Financial Report (CAFR) is now available online, by clicking here. The CAFR offers a detailed look at how we’re creating “A New Vision, A Better Partnership, A Brighter Future,” for our members, with comprehensive information about our investments, projects, financials and much more.

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08
Variety of free activities all across the state to increase financial literacy
April 08, 2014 - 

Nearly 300 organizations all across Michigan — including several MERS municipalities  — are uniting this week with a common ...

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04
We’ve partnered with MML & MAC to offer Category 3 template
April 04, 2014 - 
At MERS, we’re committed partnering with our members, and working with you to find solutions for your municipality.

With that in mind, we’re pleased to provide you an Economic Vitality Incentive Program (EVIP) template, to

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10
Now calling us is as simple as dialing 800.767.MERS
March 10, 2014 - 

Now when you want to call us, you’ll literally call MERS — just dial 800.767.MERS (6377), rather than the previous, 800.767.2308 number.

Like the 2308 number, the MERS line will ring into the main phone queue, where you can dial 9 to enter an extension, or select from the menu to reach our Service Center.

You can reach us from 8:30 a.m. – 5 p.m. weekdays. You can also email us, by clicking here.

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17
Board elects Chair, Chair Pro Tem at January Meeting
January 17, 2014 - 

Michael Brown and Sally Dreves were re-elected to the leadership positions by the Retirement Board on Wednesday, Jan. 15, 2014, at the January meeting of the Retirement Board.

 

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13
Here's how to handle employee contribution reporting
January 13, 2014 - 

It’s time to report your employees' retirement plan contributions on their W-2s. As with anything involving taxes, it's not always easy to know which boxes to check, and which MERS programs need reporting.

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22
‘National Save For Retirement Week’ a pause for preparation
October 22, 2013 - 
While “Retirement readiness,” is something we should think about all year round, the topic takes center stage Oct. 20-26, 2013, during “National Save For Retirement Week.” Why is it important?

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Posted in: MERS News
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04
Employer and Employee Members to serve three-year terms beginning in 2014
October 04, 2013 - 

ACME, Mich. — Incumbents Michael Brown and Sally Dreves were re-elected to the Retirement Board Wednesday, at the 67th Annual Meeting of the Municipal Employees' Retirement System of Michigan at Grand Traverse Resort.

 

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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).