It'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.
This year LAGERS retirees will receive a COLA (Cost of Living Adjustment) of around 1%. This increase will be reflected on October 1st and it means much more than just a slight increase to your monthly benefit. It shows the strength and overall financial security of your LAGERS pension system.
It’s an easy thing to do: forget about your LAGERS benefit. With all the hustle and bustle of our busy lives, your LAGERS benefit may be something you don’t think about very often; maybe it’s no more than a glance at your member statement once a year. With all the love in the air this week, I thought we’d talk about some of the reasons why your LAGERS benefit is worth thinking about a little more often. So whether or not you’re cuddled up with your sweetheart this Valentine’s day, don’t forget to give your LAGERS benefit a little love too! Here are my top five reasons on why you should love your LAGERS!