LAGERS retirees provide strength for their communities' economy by re-investing their hard-earned retirement benefits back into their communities. For example, in Boone County last year, there were 611 retirees who, combined with other LAGERS beneficiaries, received over 11 million dollars from LAGERS benefits. This income is used by retirees and their families to purchase goods and services within their community. This increases the assets and strength of local area businesses, who, in return, expand their businesses and employment opportunities. There is little doubt the bones of any community consist, in large part, of the businesses found within the community. LAGERS retirees provide the calcium for these bones by providing economic strength through their LAGERS benefits.
“I think ethics is the most exciting topic in the world to talk about,” said no one ever.
I know people who actually cringe when they discover a seminar or conference they will be attending has a session on ethics. Some professions require training in ethics—for example, those of us with a CPA license must obtain a whopping two hours of ethics training per year. (Thank you Enron, Arthur Anderson, etc…)
Tagged Strategy, Goals, secure retirement, Secure, Security, Retirement Security, retirement planning, Retirement, pensions, Members, Getting it Right, Defined Benefit, Defending Pensions, compliance, ethics
Here is a little teaser from our newest Economic Impact Report, which is coming soon! Be on the lookout for our latest report with the most up-to-date economic impact data to see the major economic impact that YOUR retirement benefit is leaving on our great state!