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's local units of government on a not-for-profit basis.
The team at MERS is made up of top industry experts who use fiscal best practices to give members peace of mind and security in their retirement. MERS listens and works in partnership with our members to deliver a superior value that meets our members' needs.
We proudly serve more than 100,000 participants, including local firefighters, nurses, and the men and women who plow our roads and keep our communities safe.
Independent Elected Board
MERS is governed by an elected board that operates without compensation. Our board is committed to accountability and transparency, holding the line on costs, and watching out for the best interest of our members.
Click here to learn more about the MERS Retirement Board.
A Program for Every Need
At MERS, we recognize that every member has unique needs and we offer a broad range of customizable plans to fit our members' budgets, needs, and goals.
Investing in Retirement
MERS offers a completely diversified fund utilizing various management strategies that will provide downside market protection with upside market participation.
Law and Regulation
MERS must follow Michigan state law and prudent standards of diligence. We maintain strict oversight and management. Our assets are invested in accordance with the Public Employee Retirement System Investment Act (PERSIA). MERS conducts quarterly compliance reviews.
MERS consistently outperforms its benchmarks and market averages, with a prudent, long-term approach designed to provide downside protection and upside market participation.
For more than 20 years, more than half of retirement benefits paid have come from MERS' investment earnings, not taxpayer dollars.
Readying Michigan for Retirement
We are dedicated to helping employers and participants understand their MERS plans and resources to find answers they need to prepare for retirement.
Online Account Access
myMERS, our online account access, offers personalized guidance and up-to-the-minute account information to help employees maximize their benefits and stay on the right retirement track. Click here to login or follow the instructions to sign up for your free, secure account.
MERS utilizes behavioral finance research to assist participants in understanding their level of retirement readiness. This mailed report gives participants a "snapshot" their benefits along with customized actions they can take to become more prepared. Every participant has access to the Full Picture report builder through their myMERS account. This tool can be used to fill in the gaps of information that MERS does not have access to such as outside retirement accounts, spouse information and personal retirement goals. Coupled with investment guidance, participants can create a Full Picture report that will provide a holistic look at their financial outlook in retirement and provide customized suggestions to ensure that personal goals are met.
Hungry for Learning
MERS offers free Pizza & Planning events across the state, and a Quick Bite webinar series that give participants the ability to learn from the comfort of their own home or desk. We are also available to hold group presentations, attend benefit fairs, and hold one-on-one meetings at our local municipalities.
MERS Service Center
In addition to everything else, we also provide participants with knowledgeable over-the-phone assistance weekdays at 800.767.MERS (6377).