GovInvest Total Liability Calculator (TLC) Basic – 201

(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.

GovInvest Total Liability Calculator (TLC) Basic – 101

(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.

Defined Benefit Reporting Bootcamp

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.

Understanding your Defined Benefit Plan Financials

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.

Impacts of SECURE 2-0 on MERS Retirement Plans

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.

Using the GovInvest Total Liability Calculator (TLC) Basic

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.

Investment Return Assumption & Dedicated Gains

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.

Public Sector Retirement Plans 101

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.

Understanding Forfeitures

This short video provides an overview of forfeitures in the MERS Defined Contribution and Hybrid Plans. Employers will learn what they are and the options to utilize funds in accordance with IRS guidelines.