Correct a Reported Leave of Absence (LoA) in the MERS Employer Portal.
Employer Reporting – Correct a Reported Leave of Absence (LoA)
Correct a Reported Leave of Absence (LoA) in the MERS Employer Portal.
Employer Reporting – Report Leave of Absence (LoA)
(Video Part 2 of 2) – The GovInvest Total Liability Calculator (TLC) Basic is an actuarial self-service tool that was developed especially for MERS Defined Benefit Plan customers. Join us for a two-part video series where MERS and GovInvest staff will demonstrate how to bring your annual actuarial plan data to life through the tool.
(Video Part 1 of 2) – The GovInvest Total Liability Calculator (TLC) Basic is an actuarial self-service tool that was developed especially for MERS Defined Benefit Plan customers. Join us for a two-part video series where MERS and GovInvest staff will demonstrate how to bring your annual actuarial plan data to life through the tool.
This video will provide valuable information and insight on how your plan works. You can expect to walk away with more information on the formula used to calculate your retirement benefit, the importance of designating beneficiaries and keeping them updated and your investment options. We’ll also discuss the benefits of myMERS and how the resources MERS provides can help meet your retirement goals.
MERS Cybersecurity Director Scott Thompson will discuss growing concerns over data security. You’ll learn about the methodologies hackers use to steal sensitive information and get details on how to protect yourself from falling victim to these scams and MERS’ rigorous process to keep your data protected.
After watching this video, you’ll have a better understanding of the reporting process and how to avoid making errors that could have unintended consequences in the future.
MERS’ partnership with MERCER Marketplace highlights the benefits of expert counseling in providing retiree access to the public health exchange for excellent service, best prices, and meeting individual needs in health care. Featuring Mayor David Tossava from the City of Hastings, Jennifer Mausolf (MERS Communications and Retirement Strategies Director), and Tara Tyler (MERS Benefit Plan Advisor).
Each year, MERS provides a number of financial reports and statements to help you understand your defined benefit plan. During this recorded webinar, MERS Finance Director Betsy Waldofsky provides a helpful explanation of what each of those financial tools can tell you about the health of your plan, including how the numbers on your quarterly statement translate to your Annual Actuarial Valuation, how investment returns are applied to your plan, and how to use the GovInvest tool to model the impact additional funds will have on your plan.
SECURE 2.0 was passed at the end of 2022 and contains over 90 provisions designed to promote savings and financial wellness, streamline administration for employers and offer more flexibility to participants. Some, but not all, of these provisions apply to retirement programs offered by MERS. To help you better understand SECURE 2.0 and its impacts, check out this video.