I Am MERS: Barry County’s County Administrator and MERS Retirement Board Member, Michael Brown, speaks about trust and commitment.
I Am MERS – Trust and Commitment
I Am MERS: Barry County’s County Administrator and MERS Retirement Board Member, Michael Brown, speaks about trust and commitment.
I Am MERS: Holland Board of Public Works’s Electrical Distribution Technician, Ron Coleman, speaks about security.
I Am MERS: Charter Township of Northville’s Human Resources Director, Debbie Wilhelm, speaks about commitment.
Health care costs are one of the biggest expenses in retirement. Do you know your options? During this video, MERS staff will provide an overview of Medicare and the benefit options you’ll have in retirement. We’ll talk about the costs associated with Medicare and provide you with resources to help you get more information. We’ll also highlight the MERS retiree healthcare exchange and talk about how you can use the MERS Health Care Savings Program in tandem to assist with premium costs.
Learn how smoothing effects contribution amounts towards MERS Defined Benefit Plan.
Financial wellness is a buzzword in the financial industry today, but what does it really mean? This video take a deep dive into the four pillars of financial wellness – budgeting, emergency savings, debt management and planning for the future. You’ll learn more about each of these topics and walk away with practical and applicable skills and action items you can use to improve your overall financial health.
Personal finance experts tell us that ideally, we should have 3-9 months’ worth of expenses saved in an emergency fund. It’s also recommended that we save for retirement, so we can replace 80% of our pre-retirement income. For most of us, there is only so much money to go around. During this video, we’ll explore different savings options and strategies to help you plan for the unexpected, while still saving for retirement.
Understanding public pension plan funding is complex. This video helps you understand how Defined Benefit pension plans work, how contributions are determined, and how the practices that MERS follows ensure secure retirement benefits.