Annual Meeting 2019 - Educating, Informing and Honoring LAGERS Members and Employers

This year's Annual Meeting was by all counts a success. We met with many members and employer representatives and talk secure retirement benefits and the importance of having a pension. We got to showcase our wonderful hard working public servants by rolling out our first Local Government Hero Award. Congratulations to Brent Mullin, Sikeston Department of Public Safety, for being this year's winner. Brent works with Sikeston's Bulldog Pantry which provides clothing, supplies and food to kids in the community. Congrats to all our nominees this year, and we look to honoring many more LAGERS members with this accolade for many years to come!

Tagged Annual Meeting, local government hero award

LAGERS' Diane Towne retires - "the Right Place at the Right Time"

Diane, our pension expert benefits officer at LAGERS, retired last week after over 40 years in the pension industry. I was able to ask her a few questions about her career in the industry and how working to serve to local government employees of Missouri made a difference in her life.

Tagged LAGERS, Retirement

Don't thank LAGERS. Thank your employer.

Photo by Simon Maage on Unsplash

 

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.

Tagged secure retirement, Security, Value of pensions, Retirement, Retire

Back by Popular Demand: Why You Shouldn't Think of Your COLA as a Raise

One of the most common questions members ask at Pre-Retirement Seminars is ‘what is the average cost of living adjustment LAGERS retirees receive each year?’

Tagged COLA, cost of living adjustment, Members, Retirees

Springfield's Ready for You!

This year's Annual Meeting will be held in Springfield, MO, and it's shaping up to be one for the record books!

Tagged Annual Meeting, local government hero award

LAGERS HAS ALL 4 COMMON CHARACTERISTICS OF A WELL-FUNDED PENSION PLAN

Public pension plans that are well-funded share some common characteristics, according to the National Association of State Retirement Administrators (NASRA). And since LAGERS ranks in the top ten in terms of funding among U.S. plans, you may guess that these characteristics would be found in our practices. And you would be right.

Tagged Contributions, Investments, Contribution Rates, Financial, Funding, pensions, Plan Design, Retirement Security, Unfunded Liability, Pension Health, Financial security, Sound Funding, NASRA

Facebook Live Replay - Public Safety

On Tuesday we held a Facebook Live event to explain the new LAGERS retirement eligibility options for certain public safety personnel. Elizabeth Althoff was instrumental in this project and explained how the new law works and answered the most common questions that we get about this new option.

Tagged Legislation, public safety

A Quick System Update

We are working towards completing our Comprehensive and Popular Annual Financial Reports to give you a complete picture of the current financial status of your LAGERS retirement system. In the mean time, here are some quick updates.

The Money You Don't Have to Save

Many people my age (mid 30s) can’t fathom what it’s going to be like in 30 years when we reach retirement. It’s a hard concept for us to understand because it is so far away from now. For some, you’re on the doorstep of retirement and others may be like me. Either way, we all need to understand the financial value LAGERS brings to our ability to achieve financial security in the future.

Making Your Community Happen

Local government service is for heroes. It takes employees and officials who care deeply about building quality of life for their city. Their accomplishments create what we all love about our communities, from parks and main streets, to clean sidewalks and safe neighborhoods.

Tagged cities, municipalities, Missouri Municipal League, Local Government

Contact LAGERS

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