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 watching 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.
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.
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 free, secure 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.
MERS defines being financially well as managing your day-to-day spending, controlling debt, having money set aside for an emergency, and having a financial plan for the future. Taking control of your finances for both the present and future increases your likelihood of a successful and enjoyable retirement, and relieves the stress and burden that financial uncertainty can cause.
To help track your financial wellness, we provide you a Financial Fitness tool in your myMERS account. To learn more about this tool and your Financial Fitness score, view our financial wellness page.
Opportunities to Learn More
MERS offers free events where experts dive into various topics ranging from understanding your retirement plan and making the best use of it, to health care in retirement. 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).