Author Archives: Penny Thomas

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

Beneficiaries: Your Wise Choice

We may not know exactly what happens to us when we die, but one thing is for sure: we can be certain who will receive our money once we're gone.

Tagged beneficiary; beneficiaries, myLAGERS, Survivors Benefits

Women Working in "Non-Traditional" Fields - New Board Member Sandy Walker

International Women's Day was last week, and what better way to celebrate then to speak to a woman who's been breaking the mold of what we're told should be "a woman's job" all her life.

Meet our new Board member, Sandy Walker, in her own words.

Tagged Board Member, LAGERS Board, value of local government, Local Government, Board of Trustees

From Our Members: Can I pull out funds before I retire?

Recently, a member emailed the following question to our infobox: "What are my payout options as it relates to my retirement fund? For example . . . if I needed car repairs, could I pull some out for that?" My immediate thought was to respond with a solid "NO," but then I started thinking about situations which allow a member to receive their own contributions before reaching normal retirement age.

Tagged quitting; leaving; terminating; employment, Borrowing, separating from employment

Back By Popular Demand                                             From Our Members: I Sent My Retirement Application, Now What?

A member recently emailed the following: "I downloaded the Application for Retirement. I will fill it out and send it in, but is there anything else I need to do at this time?"

Luckily, the process for retirement at LAGERS is simple. The member is right in that the first step is to submit the Application for Retirement 30 -90 days prior to when you want to receive your first benefit payment. You can apply online through your myLAGERS account or submit a paper application via mail, email or fax.

Tagged myLAGERS, Payout Options, Retirement Options, retirement planning, Retirement Application, apply for retirement, Retirement, Retire

From Our Members: When Will My LAGERS Benefit Run Out?

 

2018 National Boss's Day

Boss's Day was October 16th, and I must confess, in the past I looked forward to this day as much as I looked forward to going to the dentist. Not necessarily a day I celebrate. However, that has changed. I am excited and happy to say even though Boss's Day was officially the 16th, we are celebrating today, the 18th at LAGERS. We had our annual office chili cook-off and celebration of our bosses today.  I've definitely canceled my dentist appointment; I want to celebrate now.

From Our Members: Can I Borrow Money from My LAGERS Account?

 

Tagged Defined Benefit, 401(k), Defined Contribution, Borrowing

2018 Annual Meeting Happenings

If you know Mary Lou Newman-Teel, make sure you congratulate her on winning this year's drawing for free lodging at the annual meeting! And thank you to all who entered by registering for the annual meeting early.

Tagged Annual Meeting, Board of Trustees

LAGERS Economic Impact - Northeast Missouri

 

Tagged Defined Benefit, Economic Impact, pensions, Retirees, Value of pensions, Missouri

Contact LAGERS

1-800-447-4334
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