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Employer Saver
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  1. MERIT
  2. Frequently Asked Questions
  3. Employer FAQs

Can the State use money from this program to pay for other programs?

No. Employees’ contributions go directly to the MERIT accounts in their names. The State has no access to these contributions, can’t use the money for anything else, and there is no connection to other retirement plans offered by the State.

Articles in this section

  • Where can I find information about investments, fees, risks, and other program details?
  • Can my company join the program before its required date?
  • How Do I Contact MERIT?
  • When can I register?
  • Do employees need to fill out paperwork to enroll or make changes?
  • What does automatic enrollment mean?
  • Where can I find a copy of the Program Disclosure Booklet?
  • How long does it take to complete registration online?
  • What if my payroll provider is stating they will charge a fee for remitting contributions with MERIT?
  • What if my payroll company won't help me administer MERIT?
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