Webinar Recap: Estate Planning 101

It's never easy to talk about the inevitable death of a loved one or even your own demise, but it is necessary if we want our wishes to be honored upon our death.

Tagged retirement planning, estate planning

Why Increased Member Contributions Doesn't Always Mean Better Benefits

Last year, Missouri law was amended to expand LAGERS’ participating employers options for employee contribution to a 0%, 2%, 4%, or 6% election. Previously, an employer could only elect a 0% or 4% employee contribution amount. Since then, we have received a number of calls from members and employers about this new option. One common theme of these calls has been members wanting to increase their LAGERS' contribution amount. However, they are disappointed when they find out that paying more in employee contributions doesn’t always directly result in better benefits.

Tagged Contributions, Benefit Change, contributory

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