How LAGERS Handles Market Changes

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To many, the market turmoil that hit stocks globally last week came out of nowhere. In the US, after almost two years of the stock market grinding its way higher, seemingly in defiance of gravity, the over 5% fall last week reminded us that what goes up must come down. In truth, we’ve been living in an investing world which isn’t normal. Falls in the market like the one experienced this February however, are entirely normal, and often healthy, for markets to experience.

Tagged Investments, Investments; Return; LAGERS Portfolio, inflation, stock market, equities

Back by Popular Demand - 5 Reasons to Love Your LAGERS Benefit

Untitled design-305412-edited.pngIt's almost Valentine's Day, and we thought it would be fitting to re-post one of our favorite blogs from 2015 by Elizabeth Althoff, "5 Reasons to Love Your LAGERS Benefit." There are so many reasons to love a secure retirement, and LAGERS checks all the boxes. So while you're thinking of candy and flowers and heaarts, now that LAGERS is thinking about your financial future.

Tagged COLA, disability, Disability Benefits, Employers, Members, Prospective Members, Retirees, secure retirement, Security, Survivors Benefits, Public service, inflation

A Word from Bob - Out Spreading LAGERS' Message

I was recently invited to the National Association of Police Organizations annual conference to speak regarding Communicating the Value of Public Service and also participate in a panel discussing Plan Funding and Design.The conference focus was best practices in attracting and retaining the best possible public servants and re-instilling value, pride and commitment to community service.It was truly an honor to be part of a group so dedicated to making a difference and proactively moving our communities forward.The caring of so many across the country was humbling and inspiring.

Tagged police, value of local government, Public service, Goals, public safety, Bob Wilson, NAPO

3 Reasons Why An Employer Should Provide a Pension 

IMG_2654.jpgA utility worker from Rolla Municipal Utilities (above) clears debris.

 

Governments face many tough decisions when determining how to make the best use of taxpayer dollars. Citizens demand a certain level of service from public entities for protection, infrastructure, health, education, and more. Of course, in order to provide these services, governments need to be able to attract and retain qualified workers. The better the public workers you have working in your community, the better services you will enjoy as a taxpayer.

Tagged Retirement Security, Upgrade, Value of pensions, Financial security, Taxpayers, Retirement plans, Public service, Strategy

An Update from LAGERS' Leadership

At LAGERS, we work every day to ensure that our members have secure modest retirement income when they decide to leave the workforce. It is extremely important for our members to be able to transition from middle class worker to a middle class retiree.

Your 1099 Decoded

1099's are now available to download from your myLAGERSaccount. We will mail paper copies to everyone on January 31, so keep this blog post handy as a reference to decoding the taxation of your retirement benefit.

Tagged 1099, taxes, Taxpayers

Make Sure to "See us First!"

We love our Facebook followers. We have over 1700 likes, which means we have grown a lot over the past year! It seems like just yesterday we hit 1,000 likes...

Tagged LAGERS, Facebook

GOT ETHICS?

“I think ethics is the most exciting topic in the world to talk about,” said no one ever.


 

I know people who actually cringe when they discover a seminar or conference they will be attending has a session on ethics. Some professions require training in ethics—for example, those of us with a CPA license must obtain a whopping two hours of ethics training per year. (Thank you Enron, Arthur Anderson, etc…)

Tagged compliance, Defending Pensions, Defined Benefit, Getting it Right, Members, pensions, Retirement, retirement planning, Retirement Security, Secure, secure retirement, Security, Strategy, Goals, ethics

When Can I Retire?

When will YOU be able to retire? This is often the first question many of our LAGERS members have for us. Determining when the best time to retire may be for you is a big decision. There are different answers for different types of LAGERS members:

Tagged firefighter, police, Retirement, retirement age, Retirement Options, retirement planning, Retirement Security, secure retirement, Financial security, rule of 80, early retirement, public safety

2018 Legislative Outlook

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With the first couple week of the 2018 Regular Legislative Session under our belt, lawmakers already seem to be settling into a routine in the Capitol halls. So far, it has been a relatively quiet start to session as many carryover bills were quickly referred to committees, and committees are already beginning to hold hearings.

Contact LAGERS

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