A quick walk through of your myMERS landing page and how to access your MERS program information.
Using Your myMERS Account Overview
A quick walk through of your myMERS landing page and how to access your MERS program information.
As a MERS Defined Benefit retiree, you’ll receive a monthly benefit payment for the rest of your life. The payment option you choose at retirement will determine how much that monthly payment will be and what will happen to that income stream when you pass away.
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 about the basics of a service credit purchase and gain insights to the updated process.
Don’t forget to let us know who your beneficiaries are so that your retirement benefits are handled smoothly without red tape, expense or delay. MERS makes it easy to update beneficiary information through logging in at mersofmich.com.
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.
This video will provide valuable information and insight on how your plan works. You can expect to walk away with more information on the components that make up your defined contribution plan, 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 help you stay on track to meet your retirement goals.
Are you within five years of retirement and have questions about the MERS Defined Benefit retirement process? This video reviews the steps you should take now to prepare for your retirement.
You’ll learn more about how your defined benefit plan is an important resource to help you reach your retirement goals. We cover key features of the plan and review the resources available to you when retirement is on the horizon.
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.