Monday, April 6, 2020

Who We Are

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.

Our mission is to partner with those who serve Michigan communities to provide retirement benefits and related services to support a secure retirement.

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 MERS Retirement Boardwatching 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.

MERS Programs

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.

Investment Earnings
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.

Snapshot Reports
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).

Fiduciary Responsibility

Click here to learn more.

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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).