The GovInvest Total Liability Calculator (TLC) Basic is an actuarial self-service tool that was developed especially for MERS Defined Benefit Plan customers. During this webinar, experts from GovInvest demonstrated how easy it is to bring your 2021 Annual Actuarial Plan data to life.
During this video, an estate planning expert will walk you through what’s included in an estate plan, why it’s important to prepare one and what happens if you don’t have an estate plan in place when you pass away. You’ll also learn about common mistakes people make and how to avoid them.
Learn how the investment return assumption impacts pension funding and how MERS uses a dedicated gains policy to reduce that assumption in a way that lessens the impact on required contributions.
During this presentation, you’ll learn more about the Health Care Savings Program (HCSP), the benefits of having an HCSP account and how it works. Additionally, you’ll learn how you can use your HCSP account balance at separation from employment. Topics covered include: Understanding program eligibility and beneficiary structure,
What to expect when you become eligible to use your account, Health care expenses that are eligible for coverage with HCSP funds, Payment and reimbursement options, Resources to help guide you
Understanding the components of your retirement income is important and Social Security is a big factor to consider. This presentation reviews hot topics such as eligibility, the process to apply and resources to help you navigate the system. If retirement is in your near future, this video is for you.
In simple terms, retirement plans are supposed to provide employees with income in retirement. But how much do you know about how public sector retirement plans work? Are they different than private sector options? How are the various types of programs funded? How much income will they provide to retirees? This video is specifically designed for those looking to understand the basics of how MERS retirement plans and supplemental savings options work to provide income in retirement.
In this short video, you’ll learn about, considerations you should take into account when investing, the MERS investment menu, how to locate your investment expenses, and the impact expenses can have on your overall account balance.
This short video provides an overview on, what is Medicare and who is eligible for coverage, when you can enroll, the different components that make up Medicare, Medicare costs, what’s covered and what’s not covered, supplemental policies and drug coverage, and available resources.
Wonder what the important aspects of managing your investment portfolio are or how often you should review your investments? During this video, you’ll learn more about the reasons we invest, where to locate and manage important information about your investment account and how to make changes when needed.
In this short video, you’ll learn more about IRAs including, what is an IRA?, contribution options and key differences, annual contribution limits, the MERS IRA option and how to enroll, and get answers to some frequently asked questions.