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MERS of Michigan recently committed $25 million to Downriver Capital Management's Small- to Micro-cap Domestic Equity Value Strategy.

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The Municipal Employees' Retirement System (MERS) of Michigan was recently named to the Top 200 U.S. Plan Sponsors list by Pensions & Investments. MERS enters the list at No. 192, with $7.623 billion in assets as of Sept. 30, 2012. This is the first time MERS has been named to the Top 200, which is part of the publication's annual Top 1000 List, surveying the assets of America's leading plan sponsors.

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To help our member municipalities ease the transition from a defined benefit plan to defined contribution for new hires, at its January meeting the MERS Retirement Board voted to lessen the funding requirement.

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Whether you’re looking for the latest information about legislation, have a question about your retirement plan, or want to access your account online, the new www.mersofmich.com is a friendlier, easier site to see.

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Conventional wisdom said that if control of the House of Representatives remained in Republican hands that the 2012 Lame Duck session would be short and largely uneventful.

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With traditional fixed income investments offering record-low yields, MERS Chief Investment Officer Jeb Burns challenged his team to look for alternatives.

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