FAQ: Retirement > MERS > Member

Retirement > MERS > Member > Pre Retirement Issues

20. Which optional payment arrangement should I elect at retirement?

The optional payment arrangement you elect at retirement is a personal decision. In making this decision, you should consider your financial needs, the possible financial needs of your spouse or beneficiary, if any, your health and the health of your beneficiary. Your decision should never be based on what other members have previously done but rather what is right for you.