3 Important Things For LAGERS' Retirees to Know Right Now

We want our retirees to have peace of mind regarding their LAGERS benefit during this time of uncertainty. Here are three important things to remember:

Tagged Defined Benefit, Retirees, Cornonavirus, COVID-19

Online Learning Opportunities Available!

As many of you know, we have had to cancel all of LAGERS in-person events from now until May 8th due to the Coronavirus (COVID-19). It was certainly not an easy decision to cancel these events that you, our members, rely on to learn more about your retirement plan. However, we still want to offer you the educational opportunities you need to further understand your LAGERS benefit. So, here are few of the online learning opportunities available to you.

Tagged Pre-Retirement Seminars, COVID-19, Online Learning

Did you know LAGERS Provides MORE Than Just Retirement Benefits?

Did you know that your LAGERS benefit isn’t just retirement benefits? If something were to happen to you while you are working there are also disability and survivor benefits available for active workers. These benefits are already included in the benefits provided by your employer and are automatic.

Top 5 FAQs About LAGERS Expansion of Employee Contribution Option Bill

This year, LAGERS is seeking to expand the options available for employer election to provide more flexibility in the employee contribution election.  Currently, an employer can elect to be either contributory or non-contributory.  This year’s bills (House Bill 1467 and Senate Bill 768) seek to expand the options to 0, 2, 4, and 6% employee contribution.  Over the past two years, LAGERS staff has traveled the state visiting with our members and employers about this proposal.  While the feedback has been overwhelming positive, as with any legislative change, there are always questions.  Here are a few of the most common questions we’ve received regarding this year’s proposal.

Tagged Contributions, Legislation

Back by Popular Demand - The City of Webster Groves switched to LAGERS

 

For America Saves Week, we're bringing back the story of the City of Webster Groves and how they found that a defined benefit pension plan was the best option for their employees to securely save for retirement. The City wanted to ensure that their employees had the best opportunity to achieve a secure retirement that could be provided. In turn, the employees benefited from the security of a defined benefit plan, and the City could remain competitive in order to recruit and retain the best crop of public servants for the community. Read Joan's account of how they came to the conclusion that LAGERS provided the best value for the employees of Webster Groves.

Tagged Defined Contribution, Retirement Security, value of local government, Value of pensions, Retirement, Retire, cities, Local Government, Missouri

Retiree Spotlight: The Uncivil Servant, Mike MacPherson

Retiree Spotlight

Normally, when thinking about a city administrator from Missouri, you don’t rush to the thought of a band rocking it in Isesaki, Japan. But, then again, perhaps Mike MacPherson isn’t your typical city administrator.

Tagged Retirees, Retirement

Three Reasons Why You Should Attend LAGERS Legislative Day

On March 18th, LAGERS will be hosting our 3rd Annual Legislative Day.  While Legislative Day is a great opportunity for members and retirees to help advocate on behalf of their retirement system, there are many great reason why you don’t want to miss out on this year’s event!  Here are just a few:

Tagged Advocacy, Policy, issues & policy, legislative Day

Attention Retirees - 2019 1099-R Tax Forms available

Your 2019 1099 is now available through myLAGERS.

Log on and download yours today!

Go To myLAGERS

 

Instructions for download:

To access your documents, log on to your myLAGERS account

Firefox web browser preferred. Download is not available with Safari web browser.

Click the 1099-R Tab on the left hand navigation bar.

If you received a Partial Lump Sum  (PLUS) distribution in 2019, you will have a separate 1099-R for that distribution. 

A hard copy of your 1099-R will be mailed by January 31. Please remember to allow time for normal U.S. Postal Service delivery.

If you have  questions or need assistance logging on to your myLAGERS account, please call our office at 1-800-447-4334.  During periods of high call volume, if your call is not answered immediately, please leave a message and your call will be returned promptly.

You may need Adobe Reader in order to download and view your 1099-R. Download Adobe Reader here.

Don't forget to visit our website for more information on the taxation of your LAGERS benefits as well as an explanation of what each box on your 1099-R means. Click here to visit our taxes page now!

Changing Your Tax Withholding

You may be choosing to have LAGERS withhold taxes from your monthly benefit. However, you have the flexibility to change these withholdings as your tax situation changes throughout retirement.

You can change your tax withholdings through your myLAGERS account or you can complete a new tax withholding form online through the LAGERS website and send it back to the LAGERS office.


Retiree Link Meetings 2020

Make sure to sign up to attend one of our 2020 Retiree Link meetings. Have a light breakfast and get an update on the system; then hear about some interesting topics from our guest speakers!
Access the schedule here.
We'll also send you a postcard about the meeting in your area.

Tagged 1099, taxes

LAGERS Continues to Keep its Promises to a Growing Retiree Population

 

 
There are now over 24,000 people receiving a monthly benefit from LAGERS.

Tagged Retirement Security, Secure, Retirement, Retire

LAGERS Most Popular Blogs of 2019

Wasabi, the 18-month-old Pekingese who won the 2019 American Kennel Club National Championship knows what it takes to be the best. And while LAGERS defines success a bit differently than the AKC, we do have a "Best in Show" of our own.

Contact LAGERS

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