Built-in Flexibility Gives LAGERS' Employers Options

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Flexibility may not be a word you often hear associated with public pension plans. These plans are typically created by state or local policymakers, and changes to the plan structure are sometimes difficult and time-consuming. This is OK for many public pension plans because they cover workers with similar characteristics. It is common, for example, for all teachers covered by a pension plan to have the same retirement benefits regardless of the school district that employs them. All employees have the same benefits; the school districts and employees share in the cost of benefits; and all pay the same amount for those benefits.

Tagged pensions, Plan Design, Recruiting, secure retirement, three legged stool, Retirement plans, Retirement, Retire, Goals

A Word from Bob - Out Spreading LAGERS' Message

I was recently invited to the National Association of Police Organizations annual conference to speak regarding Communicating the Value of Public Service and also participate in a panel discussing Plan Funding and Design.The conference focus was best practices in attracting and retaining the best possible public servants and re-instilling value, pride and commitment to community service.It was truly an honor to be part of a group so dedicated to making a difference and proactively moving our communities forward.The caring of so many across the country was humbling and inspiring.

Tagged police, value of local government, Public service, Goals, public safety, Bob Wilson, NAPO

GOT ETHICS?

“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 compliance, Defending Pensions, Defined Benefit, Getting it Right, Members, pensions, Retirement, retirement planning, Retirement Security, Secure, secure retirement, Security, Strategy, Goals, ethics

The Goal is "Better"

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Goals are important. Every person and organization should set goals so they are constantly seeking to get better. This time of year people are thinking about their goals; some refer to these as New Year's Resolutions. It's a time to reset, recharge and prepare to run head first back into the fire of life.

Tagged Funding, Security, Service, Strategy, Goals

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