3 Things You Need to Know About Changing Your Retirement Plan to LAGERS.

At times, when employers are considering joining the LAGERS system, they are choosing to switch from their standalone defined contribution plan to a defined benefit plan with LAGERS. These employers are making the choice to give their employees the ability to earn and receive secure monthly income from LAGERS when they retire. As well, they are setting a plan in place designed to recruit and retain quality workers while providing dedicated employees a path to retirement security. When employers are thinking about making the switch, there are few things they need to know.

Tagged Defined Benefit, joining LAGERS, Defined Contribution, Prospective Members, Retirement Security

The Prospective Perspective: Becoming a LAGERS Employer

Adding or changing your employer’s retirement benefits is a big deal.  At one point or another, every LAGERS employer had to decide to provide LAGERS coverage to their employees.  While the actual process of joining LAGERS is fairly simple, figuring out how to fit LAGERS into an employee benefit package can raise some questions.  Here are some of the common issues that arise when employers consider adding LAGERS and how some of our most recent members addressed them.

Tagged joining LAGERS, adding LAGERS, Employers, Prospective Members, Retirement Benefits

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