The Flexible, Affordable Answer to Rising Health Care Costs
Now that you’ve left your employer, you — and your spouse and other dependents — can use your MERS Health Care Savings Program account for tax-free medical expense reimbursements. You must be vested at termination to withdraw your employer’s contributions.
How it works
Once your employer tells us about your separation, we will send you information on how to begin receiving reimbursements from your account.
If you are vested, your account including both your and your employer’s contributions, plus market performance, minus fees is available to reimburse you for eligible medical expenses to you, your spouse or legal dependents. For a complete list of these expenses, click here.
While money is still in the account, you’ll continue to monitor the investments you’ve select from the streamlined MERS Investment Menu. For more information, please read Understanding the MERS Investment Menu found here.
You can also make post-tax employee contributions, and can stop and start these contributions at any time.
Want to learn more? Click the links below for more about the MERS Health Care Savings Program.
- Understanding the MERS Investment Menu
- You’ll receive quarterly statements detailing your retirement account.
- You can also log into your account at mymers.mersofmich.com to find up-to-the-minute information about your MERS retirement at any time.
- Service Center
- Our Service Center offers friendly, knowledgeable, over-the-phone assistance for a wide variety of benefit questions and issues. Service Center Staff is available during business hours at 800.767.2308.