National Lineman Appreciation Day

Whew! There's so much to celebrate in local government this week. It's Local Government Week, National Public Safety Telecommunicators Week, and today is National Lineman Appreciation Day.

Tagged value of local government, Local Government, lineman, telecommunications workers

Happy Local Government Week!

This week we celebrate everything that makes our local governments wonderful. From roads, school buses, clean water and parks; to our local officials and our first responders - fire, police and EMS workers and everyone in between who works hard for their local communities.

Tagged value of local government, Missouri Municipal League, Local Government, local government hero award

Types of Retirement Plans

This article is re-posted from our Administrator blog, the blog we do specifically for our administrative contacts who work on the employer reporting side of LAGERS. If you're interested in subscribing to this blog we'd love to deliver you this great content straight to your inbox once a month.

Read the Administrator

Tagged Defined Benefit, 401(k), 457, Defined Contribution, Retirement plans

Proof That Pensions Are Sustainable For Missouri's Local Governments

Photo by Fabian Blank on Unsplash
  • 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.

 

Tagged 401(k), pensions, Security, Value of pensions, Retirement, Retire, Local Government, Missouri

Nearing Retirement? Come find out more about your benefit!

Are you reaching a point in your career where you can see the light at the end of the tunnel? If you’re within striking distance of retirement, that means you’re ready to start attending LAGERS’ Pre-Retirement Seminars! Anyone who is interested is invited to come, however, we strongly encourage anyone within 5 years to attend at least one Pre-Retirement Seminar before they begin drawing their LAGERS benefit.

2019 Legislative Day - The Importance of the LAGERS Retirement System

Last week, LAGERS members from every corner of the state gathered in Jefferson City to visit with lawmakers about the importance of their LAGERS retirement system! It was an action-packed day, full of tons of great visits with our state lawmakers.  Here are a few of the highlights!

Tagged Legislation, Advocacy, Policy, issues & policy, issues, legislative Day

Behind the Scenes, Dickerson Park Zoo

Come with us on a behind the scenes visit to LAGERS employer Dickerson Park Zoo in Springfield. You'll see just how important it is to these LAGERS members that they get to serve their community in such a fun and interesting way. These City of Springfield employees work in many different roles at the zoo, with most of them being Zookeepers and caretakers of the animals. Their commitment to their jobs and their service shows through in each of the videos below.

Tagged Employers, Members, value of local government, Local Government

From Our Members: Is My Benefit Portable?

I have been working for my LAGERS employer for 2 years and I am thinking about taking a job at another LAGERS employer, will my service transfer?

In short, yes. But, let me explain.

What You Need to Know About Your Member Annual Statement

As you may already know, your Member Annual Statement is now available!

If someone were to tell me we could only have one printed publication for members going forward, I would choose the Member Annual Statement. Your statement is packed with information about your LAGERS benefit and about how your benefit is going to help you achieve financial independence in the future. Let me break down a couple of key sections for you.

Pensions 101: Funding A Pension

Tagged Defined Benefit, Funding, pensions, prefunded

Contact LAGERS

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