It's always nice to be thanked for a job well done. Everyone needs an "atta boy" once in awhile. And the team at LAGERS is no exception. We love when our members send appreciation our way for protecting their retirement money.
Governor Parson signed LAGERS Public Safety Bill into law on July 10 meaning that many employers will soon have the option to cover EMS personnel, emergency telecommunicators, and jailors as Public Safety personnel with an age 55 normal retirement age.
Wondering what you'll do in retirement? With LAGERS lifetime benefit, you'll have the foundation to dream big and live a stable, secure retirement. And perhaps have some fun along the way! One of our retirees, Dixie Gunnett, sent us some pictures of what retirement is like for her. She's been retired from Jefferson County Sheriff's Office since September of 2014 and has been busy living out the next chapter of her life her way. Here's her story in her own words, and pictures.
Pre-Retirement Seminar season 2019 is well underway here at LAGERS. We're traveling the state, coming to your area to educate and inform you on the process of retiring and receiving your LAGERS benefit. If you are within 5 years of retirement, we recommend you attend at least one before retirement rolls around. We asked those who attended our seminars how we did, and we came up with 3 reasons why you should attend a Pre-Retirement Seminar.
- About half of Americans age 55 and older have nothing saved for retirement. However, 20% of these do have access to a defined benefit pension plan.
- Defined benefit pensions are the preferred retirement plan for state and local government employers.
- 39 employers have chosen LAGERS defined benefit plan for their employees within the last year. Almost all switched from a 401(k)-type plan.
- Defined benefit plans, like LAGERS, help government employers attract and retain good workers to serve the community.
In honor of America Saves Week we held another Facebook Live event this past Monday. Jeff Pabst, LAGERS' Education and Outreach Coordinator, discussed the value of LAGERS benefits in our latest installment.
From the Info Box: "I'm currently retired but considering returning to work. What will happen to my LAGERS benefit if I do that?"