From Our Members - Is the 4% contribution withdrawn from my paycheck after taxes?

 This is the third post in our new series, based on members' real questions to us.

Tagged Contributions, Funding, taxes, Retirement, Retire

Some Good News About Roller Coaster Markets

Tagged Contributions, Employers, Investments; Return; LAGERS Portfolio, Members, Prospective Members, Retirees, Risk

Everything you need to know about your member contributions…

 

Tagged Contributions, Members, Retirees

Quick Answers to Your Top Five Member FAQs

I spend a lot of time traveling the state and I get to hear a lot of great questions from our members. Some of you love to get into the details of your benefit and probably revel in the thought of reading a 1000 word blog on LAGERS’ funding policy; but I’ve found there are an equal number of you who’d rather skip over all those details for just a basic understanding of how your benefit works. We live in a world of information overload, so I am totally sympathetic to those of you out there who just want a quick answer. So this week, instead of looking at one topic in depth, I thought I’d hit briefly on the top five questions I get from members. Don’t see the question you want a quick answer to on my list? Leave a comment and I’ll be happy to respond! Make sure you stay tuned for parts 2 and 3 of this blog which will address top pre-retiree and retiree questions!

Tagged Contributions, Employers, EMT, FAQS, FAS, Hardship, Members, Prospective Members

LAGERS Shares Success Strategies of Best U.S. Plans

Tagged Contributions, Investment Assumption, Employers, Funding, Members, Prospective Members, Retirees

HOW TO MAKE AN UNFUNDED LIABILITY DISAPPEAR

Tagged Contributions, employer, Employers, Funding, Unfunded Liability

Do You Know How Your Benefit is Determined?

If you have recently logged in to your myLAGERS account or reviewed your Member Annual Statement, you might notice that you have an account balance. What is the account balance exactly? In short, it is the 4% in member contributions that you have paid into the LAGERS system. Don’t have an account balance? Not to worry. This simply means that your employer pays in the entire cost of your LAGERS benefit.

Tagged Contributions, LAGERS, Members

Contact LAGERS

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