The Webster Groves Experience

LAGERS loves storytelling.

Tagged Defined Benefit, Defined Contribution, Employers, Members, Prospective Members, Retirement, Retirement Security

Meet the New LAGERS Director

As was previously announced, Bob Wilson was appointed by the LAGERS Board of Trustees as Executive Secretary effective July 1st.  Bob began his career at LAGERS as ‘public relations coordinator’ in the summer of 1994. This was a new position created by the Board of Trustees to work directly in the field to better serve LAGERS’ members and employers, and be a bridge between the membership and LAGERS board and staff. One of Bob’s original mandates from the board was to physically visit each one of our employers in person at least once every two years. When Bob started LAGERS had 348 employers.  He embraced this opportunity and what a bridge he became. LAGERS now has over 700 employers. Bob has continued to expand educational services with his roles as Manager of Member Services, then eventually Assistant Executive Secretary, Member Services.

Tagged Members

Back By Popular Demand - LAGERS Beneficiaries

YOUR LAGERS BENEFICIARIES: WHO GETS WHAT?

If you remember your first day on the job, you might remember being asked to complete a LAGERS enrollment form. On that piece of paper, you designated beneficiaries for your LAGERS benefit. Do you remember who you put down?  Do you know what that person might get? Or even more importantly, did you know that the person you designated might not be eligible for anything? Who gets what when it comes to your LAGERS benefit can be confusing especially since the person you designate as your beneficiary may not always be the first payable on your account in the event of your death.

When it comes to benefits that are payable if you die while you are still working, here are a couple important things to remember. If you are a vested member, and you pass away while still working for a LAGERS employer, a monthly Survivor benefit is going to be the first benefit payable on your account.

Tagged Members

How Investment Smoothing Helps Employers Avoid a Contribution Rollercoaster

Tagged Members

LAGERS Begins Administration of First Legacy Plan

A first big step for LAGERS took place this week as the system officially took over administration of the City of Jefferson’s Fire Pension Plan – the first legacy pension plan as allowed under the Local Plans Legislation which was signed into law last June.

Tagged Members

June Article Roundup

Tagged News, cyber security, Employers, financial advisors, Members, Prospective Members, Retirees, Retirement, retirement planning, Savings

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