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

A Secure Retirement for Local Government Workers Brings Major Economic Payoff for Missouri

Did you know that every person living in Missouri benefits from the LAGERS system? How can that be, you might ask? While not every Missourian is actually drawing a benefit from LAGERS, the economic benefits produced by retirees spending their benefits, ripple throughout Missouri’s economy. This retiree spending produces major economic impact that affects each and every person living in our great state!

Tagged Employers, Members, Prospective Members, Retirees

The Webster Groves Experience

LAGERS loves storytelling.

Tagged Defined Benefit, Defined Contribution, Employers, Members, Prospective Members, Retirement, Retirement Security

June Article Roundup

Tagged News, cyber security, Employers, financial advisors, Members, Prospective Members, Retirees, Retirement, retirement planning, Savings

It’s Official: The U.S. Retirement Crisis is Real

Tagged 401(k), Crisis, Employers, Members, National Institute on Retirement Security, pensions, Prospective Members, reitrement, Retirees, State Retirement Savings Plans

Use These 5 Simple Hacks to Ease Financial Stress

Tagged finance, Employers, Members, Planning, Prospective Members, Retirees, Retirement, Savings, Stress

Pension Reform Should Not Focus On All-Or-None Solutions

Tagged Employers, Members, pension reform, Prospective Members, reform, Retirees, Security, three legged stool, Unfunded Liability

I Wish I Could Bottle Up the Holidays

 

Tagged Employers, Members, Prospective Members, Retirees

Top LAGERS News of 2016

Tagged News, 2016, Employers, Members, Prospective Members, Retirees

Being Thankful for Public Service

Being Thankful for Public Service

“Never doubt that a small group of thoughtful committed citizens can change the world; indeed, it's the only thing that ever has.” ~Margaret Mead

I’m guessing you don’t often think about your job like this. But this quote really resonated with me. When I think about public service, and our members who dedicate their lives to this endeavor, I realize that even though this group is not normally celebrated and honored I am thankful for them none the less. Public servants truly do change the world for the better, every day.

Here’s why:

  1. They keep our communities running – public sector employees are the glue that holds our communities together. They maintain the books, make sure the roads are smooth and easy, our water is clean and our trash is taken at the curb. From libraries to public works to the county clerk, these jobs might not be glamorous, but without them where would we be?
  1. They protect us – EMTs, fire and police personnel work crazy hours and do the job of protecting the citizens without expecting thanks or gratitude. Most calls they receive are humbling and thankless as well as dangerous. We are safe because of them. Don’t forget that.
  1. They are dedicated – this group of individuals is truly dedicated to their work. They do their jobs out of a genuine love for their city/county/township and a desire to serve the people that are their neighbors and friends. They don’t do it for the recognition, because they do not get enough of that! Wanting to serve is the reason why.
  1. They are experienced – part of the dedication of this group leads them to be incredibly experienced at their chosen occupation. During my time at LAGERS I’ve traveled around Missouri and met with public servants in many parts of the state. I’ve been fortunate and impressed to meet people who have dedicated 35 and even 45 years to their community working for local government in some capacity. That amazing dedication leads to incredibly hard working and experienced workforce.

Mohammad Ali said “Service to others is the payment you make for your space here on earth.” Local government employees have given me lots of reasons to be thankful, and their sacrifices every day for the rest of us are admirable. They are definitely paid in full.

See how LAGERS is Getting it Right every day to work to give them the secure retirement future they so deserve. 

Tagged Employers, Members, Prospective Members, Retirees

Contact LAGERS

1-800-447-4334
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