The summary actuarial report offers an overview of the results of the valuations of MERS’ individual municipalities. Note that the combined results for all municipalities are not indicative of the financial status of each municipality, since each entity stands on its own financially, with separate liabilities and contribution requirements. MERS is not funded on a combined basis.

The information in this report should not be used to compare the results between various employers or to compare the results of an employer to the combined results. For more information about the individual municipal reports, click here.

2022 MERS-wide Actuarial Report

The Report of the Seventy Seventh Annual Actuarial Valuation as of December 31, 2022 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  2022 AAV Summary (pdf)
•  2022 Summary of Plan Provisions; Actuarial Assumptions and Methods (pdf)

2021 MERS-wide Actuarial Report

The Report of the Seventy Sixth Annual Actuarial Valuation as of December 31, 2021 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  2021 AAV Summary (pdf)
•  2021 Summary of Plan Provisions; Actuarial Assumptions and Methods (pdf)

2020 MERS-wide Actuarial Report
The Report of the Seventy Fifth Annual Actuarial Valuation as of December 31, 2020 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  2020 AAV Summary (pdf)
•  2020 Summary of Plan Provisions; Actuarial Assumptions and Methods (pdf)

2019 MERS-wide Actuarial Report
The Report of the Seventy Fourth Annual Actuarial Valuation as of December 31, 2019 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  2019 AAV Summary (pdf)
•  2019 Summary of Plan Provisions; Actuarial Assumptions and Methods (pdf)

2018 MERS-wide Actuarial Report
Summary Report of the Seventy Third Annual Actuarial Valuations as of December 31, 2017 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  2018 AAV Summary (pdf)
•  2018 Summary of Plan Provisions; Actuarial Assumptions and Methods (pdf)

2017 MERS-wide Actuarial Report
The Report of the Seventy Second Annual Actuarial Valuation as of December 31, 2017 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  2017 AAV Summary (pdf)
•  2017 Summary of Plan Provisions; Actuarial Assumptions and Methods (pdf)

2016 MERS-wide Actuarial Report
The Report of the Seventy First Annual Actuarial Valuation as of December 31, 2016 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2016 AAV Summary (pdf)

2015 MERS-wide Actuarial Report
The Report of the Seventieth Annual Actuarial Valuation as of December 31, 2015 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2015 AAV Summary (pdf)
•  View Appendices sorted in alphabetical order (pdf)

2014 MERS-wide Actuarial Report
The Report of the Sixty-ninth Annual Actuarial Valuation as of December 31, 2014 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2014 AAV Summary (pdf)

2013 MERS-wide Actuarial Report
The Report of the Sixty-eight Annual Actuarial Valuation as of December 31, 2013 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2013 AAV Summary (pdf)

2012 MERS-wide Actuarial Report
The Report of the Sixty-seventh Annual Actuarial Valuation as of December 31, 2012 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2012 AAV Summary (pdf)

2011 MERS-wide Actuarial Report
The Report of the Sixty-sixth Annual Actuarial Valuation as of December 31, 2011 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2011 AAV Summary (pdf)

2010 MERS-wide Actuarial Report
The Report of the Sixty-fith Annual Actuarial Valuation as of December 31, 2010 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2010 AAV Summary (pdf)

2009 MERS-wide Actuarial Report
The Report of the Sixty-Fourth Annual Actuarial Valuation as of December 31, 2009 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2009 AAV Summary (pdf)

2008 MERS-wide Actuarial Report
The Report of the Sixty-Third Annual Actuarial Valuation as of December 31, 2008 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2008 AAV Summary (pdf)

2007 MERS-wide Actuarial Report
The Report of the Sixty-Second Annual Actuarial Valuation as of December 31, 2007 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2007 AAV Summary (pdf)

2006 MERS-wide Actuarial Report
The Report of the Sixty-First Annual Actuarial Valuation as of December 31, 2006 Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2006 AAV Summary (pdf)

2005 MERS-wide Actuarial Report
The Report of the Sixtieth Annual Actuarial Valuation as of December 31, 2005 and 50-Year Actuarial Projection Covering Participating Municipalities in the Municipal Employees’ Retirement System of Michigan.

•  View 2005 AAV Summary (pdf)