Audience: Employers Product: Defined Contribution, Hybrid, 457 Program, Health Care Savings Program Contacts: Primary, HR and Finance contacts Date Sent: 2/14/23 Format: Email Description: An eblast was sent to all primary, HR and finance contacts with notification that on the close of business on 4/27/23, MERS will transition the Retirement Strategies target date funds to LifePath… Continue reading
Audience: Employers who had previously adopted the alternate transfer provision Product: Defined Benefit and Hybrid Contacts: Primary and HR Date Sent: 1/12/2023 Format: Mailing Description: A letter was mailed to primary and HR contacts of 128 employers who had previously adopted the alternate transfer provision notifying them of a change to our policy. MERS’ standard transfer… Continue reading
Audience: Employers Product: All Products Contacts: Finance and Reporting contacts Date Sent: 12/5/22 Format: Email Description: An eblast was sent to all Finance and Reporting contacts with year end financial and reporting reminders. Sample: A sample of the eblast can be found here.
Audience: Employers Product: All products Contacts: All contacts Date Sent: 11/22/2022 Format: Email Description: A Municipal Matters was sent out to all contacts at all municipalities. Topics in this edition are: Reminder of Defined Benefit Retired Retiree Guidelines GovInvest Updates Defined Benefit Reporting Reminders Defined Contribution Enhancements Defined Contribution Forfeiture Account Reminders Insurance Premium Payments for Public Safety… Continue reading
Audience: Employers Product: All Contacts: All contacts Date Sent: 10/25/2022 Format: Email Description: A CEO News was sent out on 10/25/22. Topics in this edition include: Annual Conference Highlights & Election Results September Board Meeting Updates: DB rehired retirees hours limit waived through 12/31/2027 Definition of DC retiree approved Clarification of how Working in Retirement… Continue reading
Audience: Employers Product: Defined Contribution, Hybrid (DC portion), DC +, 457, Health Care Savings Program, Retiree Health Funding Vehicle, Investment Services Program Contacts: Quarterly statement contacts Date Sent: 10/18/22 Format: eBlast Description: A notice was emailed to employers that 3rd quarter statements for Defined Contribution, Hybrid (DC portion), DC+, 457, Health Care Savings Program, Retiree Health Funding Vehicle and… Continue reading
Audience: Employers Product: Defined Benefit, Hybrid Contacts: Primary, HR Date Sent: 10/6/22 Format: Email Description: A notice was sent to primary and HR contacts at municipalities with defined benefit and hybrid letting them know the the MERS Retirement Board has extended the waiver on the requirement that rehired retirees with a MERS DB Plan can… Continue reading
Audience: Employers Product: All Contacts: All contacts Date Sent: 7/22/2022 Format: Email Description: A CEO News was sent out on 7/22. Topics in this edition include: Annual Conference Updates and Reminders Local Unit Municipal Pension Principal Payment Grant Announcement 2021 Annual Actuarial Valuation Update Reminder to check out the most recent issue of Municipal Matters Sample:… Continue reading
Audience: Employers Product: Defined Contribution, Hybrid (DC portion), DC +, 457, Health Care Savings Program, Retiree Health Funding Vehicle, Investment Services Program Contacts: Quarterly statement contacts Date Sent: 7/20/22 Format: eBlast Description: A notice was emailed to employers that 2nd quarter statements for Defined Contribution, Hybrid (DC portion), DC+, 457, Health Care Savings Program, Retiree Health Funding Vehicle and… Continue reading
Audience: Employers Product: All products Contacts: All contacts Date Sent: 6/29/2022 Format: Email Description: A Municipal Matters was sent out to all contacts at all municipalities. Topics in this edition are: Reminder that Annual Conference Registration is Open myMERS App Now Available 2021 AAV Update Statement of Fiduciary Net Position Annual Adjustment Process Forfeiture Account Reminders Annual… Continue reading