As the sole fiduciary for our retirement plans, MERS takes on the liability for selecting the investment options, monitoring fund performance, and ensuring fees are reasonable. 

The MERS Defined Benefit Plan is a multiple-employer plan. Assets are pooled for investment purposes, while separate trusts are maintained for each participating employer. MERS oversees the Defined Benefit Portfolio and invests assets prudently to help meet both current benefit payments and long-term obligations. In our 80-year history, we have never missed a pension payment.  

MERS also manages the investment lineup for our defined contribution-style programs by selecting, monitoring, and regularly reviewing a diversified range of investment options. This approach ensures that our members benefit from the expertise and ongoing oversight of an experienced investment team. By maintaining a thoughtfully constructed menu of choices, MERS supports participants in pursuing their retirement savings goals in a manner aligned with their individual time horizons and risk tolerance. 

Through disciplined investment practices, ongoing oversight, and a focus on cost efficiency, MERS helps support the long-term financial security of the retirement plans we serve.