City of Mason Council Meeting Agenda Packet November 2025
MERS Continues Role as Pension & OPEB Administrator
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Description
The City continues its pension and OPEB trust relationships with the Municipal Employees’ Retirement System (MERS) of Michigan for administration of all retirement and retiree healthcare funding for current and former staff.
Contract Details
Vendor
MUNICIPAL EMPLOYEES’ RETIREMENT SYSTEM OF MICHIGAN
Agency
City of Mason, MI
Contract Type
FINANCIAL_SERVICES
Document Date
November 17, 2025
Contract Term
Ongoing, plan closed to new hires
Renewal Info
Plan participation is ongoing; annual employer contributions set by actuarial valuation. DC and OPEB plans reviewed per negotiated terms. DB plan closed to new hires.
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