As PA 202 has increased awareness of unfunded accrued liability for retiree health care and other post-employment benefits (OPEB), it has also created greater demand for tools to prefund those obligations. This video will introduce you to two programs MERS offers to help municipalities take a proactive approach to OPEB: the MERS Retiree Health Funding Vehicle and the MERS Health Care Savings Program.
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.