Back By Popular Demand                                             From Our Members: I Sent My Retirement Application, Now What?

A member recently emailed the following: "I downloaded the Application for Retirement. I will fill it out and send it in, but is there anything else I need to do at this time?"

Luckily, the process for retirement at LAGERS is simple. The member is right in that the first step is to submit the Application for Retirement 30 -90 days prior to when you want to receive your first benefit payment. You can apply online through your myLAGERS account or submit a paper application via mail, email or fax.

Tagged Retirement, Retire, apply for retirement, Retirement Application, retirement planning, Retirement Options, Payout Options, myLAGERS

The myLAGERS Route to Retirement Planning

What is myLAGERS, and why do I need a myLAGERS account?

I recently spoke with a former colleague who told me she was not even 30 years old yet and she has absolutely no interest in talking about or thinking about retirement or planning for her financial future. She did know when she would be vested in her current pension, but she had no idea how a pension works and couldn't tell me anything about her specific employer's plan. "I'll worry about that in a few years." Bottom line, she sounded exactly like me when I was her age, and my current-age self would love to have a "welcome to reality" talk with my younger self. Unfortunately, I was not convincing enough to make my former colleague take action to support her financial future, but she is now, at least, THINKING about it.

Tagged Retirement plans, Financial security, secure retirement, Planning, myLAGERS

From Our Members: I Sent My Retirement Application, Now What?

A member recently emailed the following: "I downloaded the Application for Retirement. I will fill it out and send it in, but is there anything else I need to do at this time?"

Luckily, the process for retirement at LAGERS is simple. The member is right in that the first step is to download, complete, and return the Application for Retirement 30 -90 days prior to when you want to receive your first benefit payment. However, you should be aware you can apply online through your myLAGERS account. You do not have to use a paper form or standard mail.

Tagged Retirement, Retire, apply for retirement, Retirement Application, retirement planning, Retirement Options, Payout Options, myLAGERS

5 Most Common Questions About Your Benefit - Our First Facebook LIVE

On May 23 LAGERS held our first Facebook LIVE event. Assistant Director Jeff Kempker answered the 5 most common questions we get from members on their LAGERS benefit, then answered your questions live. We had a great discussion about pensions and how they contribute to a secure retirement for many and how LAGERS is leading that effort.

Tagged Facebook, rule of 80, Retirement, Retire, Retirement Options, Retirement Benefits, Retirement, purchasing service, myLAGERS, LAGERS, eligibility, contributory

Retirement Planning Doesn’t Have to be Scary! We Can Help.

Tagged benefit estimate, Employers, Member Annual Statements, Members, myLAGERS, Pre-Retirement Seminars, Retirement Benefits, Retirement Options, retirement planning

WHAT A GREAT RETIREMENT PLANNING TOOL!

Tagged benefit estimate, Members, myLAGERS, Planning, Statements

There’s More to myLAGERS Than Meets the Eye!

If you haven’t signed up for your myLAGERS account yet, you’re missing out! Just like using online banking to monitor your finances, there are so many great benefits of having instant access to your retirement information. And just because you are more than a few years away from retirement doesn’t mean there’s nothing on myLAGERS for you.

Tagged Applying for Benefits, benefit estimate, Employers, Members, myLAGERS, online, Retirees

Contact LAGERS

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