Highlights From LAGERS 2017 Annual Financial Report

Arguably the most important document we produce at LAGERS is the comprehensive annual financial report (CAFR). This document is not only required by law, but it serves to give an update on the financial status of the LAGERS trust fund. Just about anything you would want to know about LAGERS can be found in the CAFR. The problem is, it isn't especially entertaining to read. So, for those who like the Cliffs Notes, here are the highlights from the 2017 annual report.

 

DOWNLOAD THE ENTIRE ANNUAL FINANCIAL REPORT HERE.

 

Tagged Funding, Unfunded Liability, annual report

The Significance of Your LAGERS COLA Benefit is Larger Than You Think . . .

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.

Tagged Defined Benefit, COLA, Funding, Members, Retirees, Retirement, Security

Six Themes Important to the Success of LAGERS’ Investment Portfolio

Tagged Investments, Employers, Funding, Members, Prospective Members, Retirees, Returns, Secure

LAGERS Funding Level Speaks to Something More

The numbers are in. LAGERS updated funded level for the year has risen to 94.4% pre-funded, on an actuarial basis. That’s great news for members and employers, but what does that really tell us?

Tagged Funding, Members, Pre-Funding, Security

Changes are Coming, But Your Benefit is as Secure as Ever

Tagged Accounting, Employers, Funding, GASB, Members, Retirees, Unfunded Liability

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

What is a Funded Status and What Does it Mean for MY Retirement?

If you have ever read a story in the news on the health of a pension fund, you’ve most likely already heard about funded statuses (or ratios). This measurement of pension health is obviously important, but for many, it can seem a bit abstract. Trying to decipher what the number means, is the number good, should I be worried, are all overwhelming questions to say the least.

Tagged Employers, Finances, Funding, Members

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