Sharing the Good News about LAGERS

Tagged Legislation, Value of pensions, Policy, income replacement, issues & policy

What is a Benefit Multiplier?

 

In Case You Missed It - Our Latest Facebook Live

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.

Tagged Retirement Benefits, Retirement Options, Value of pensions, Retirement, Retire

Bringing Financial Security and Peace of Mind

When we think about financial planning, we usually think about money, right? Of course money plays a big part in your financial planning, but we also need to consider what lifestyle we are going to live and how long are we going to need income. In other words, are you going to live an expensive lifestyle; and how long are you going to live?

Tagged Financial, retirement planning, Savings, secure retirement, Financial security, income replacement

From Our Members: Can I pull out funds before I retire?

Recently, a member emailed the following question to our infobox: "What are my payout options as it relates to my retirement fund? For example . . . if I needed car repairs, could I pull some out for that?" My immediate thought was to respond with a solid "NO," but then I started thinking about situations which allow a member to receive their own contributions before reaching normal retirement age.

Tagged quitting; leaving; terminating; employment, Borrowing, separating from employment

New Research: Pensions Produce Positive Economic Impact in Missouri

 

A new study by the National Institute on Retirement Security (NIRS) shows that income retirees receive from public pension plans, like LAGERS, produce positive economic impacts across the nation. The study, using 2016 data, reports public pensions are responsible for $1.2 trillion in total economic output in the U.S. and added $202.6 billion in government revenue from retiree income taxes and spending.

Learn More About Pensions

 

Tagged Economic Impact, National Institute on Retirement Security, pensions, Value of pensions, Advocacy

Feeling the LAGERS Love!

We are definitely in the spirit on this day to remember those you love. We love our members, and are members are showing us the love by letting us know how grateful they are for their LAGERS benefit.

Tagged Members, Payout Options, PLUS, Retirees, Retirement Security

2018 Investment Performance - A House for All Types of Weather

LAGERS’ Investment Team describes the portfolio allocation process as being similar to building a house. We want to build a house that will withstand all types of weather, one that will protect our loved ones against anything that the current or future environment could throw our way. We seek to accomplish this same goal in portfolio construction, using diversification of assets, liquidity, and careful monitoring of exposures to ensure we’re not dependent on any one market environment to succeed. The last six months of 2018 saw the “weather” in the global market change drastically from the last nine years since the crisis. Due to the portfolio adjustments of the last few years, resulting in the current allocation, the house was only minimally impacted by this current storm.

Tagged Investments, LAGERS performance, stock market, equities, state of the system

What is LAGERS Legislative Day?

One of the most important things our members can do is to help us share the good news of LAGERS.   By ensuring local government employers have the tools to attract and retain great public servants, like you, LAGERS helps local communities across Missouri thrive and flourish – and it is important that we share this great news with our elected policy makers!

Tagged Legislation, Advocacy, Policy

Understanding Your 1099-R

 

 

Now that your 1099-R has been mailed, and is also available for download from your myLAGERS account, you may be wondering what all those crazy boxes mean.  Here is a simple summary of what’s in your 1099-R!

Tagged 1099, Retirees, taxes

Contact LAGERS

1-800-447-4334
M-F: 8:00 a.m. - 5:00 p.m.