Product: Defined Benefit and Hybrid

Contacts: Human Resources

Date Sent: 6/3/2024

Format: eBlast

Description: On Monday (6/3), HR contacts at municipalities with defined benefit and/or hybrid were notified via eblast that, effective August 1, MERS is eliminating the requirement for employers to sign a Certificate of Termination form when an active employee with a defined benefit plan applies for retirement.

This change reduces the administrative burden required to complete and submit a retirement application, giving employers back valuable time and providing participants a faster, more efficient application process.  Employers will continue to receive a copy of all notifications MERS provides participants throughout the retirement process. 

A copy of the eblast can be viewed here.