Wondering what you'll do in retirement? With LAGERS lifetime benefit, you'll have the foundation to dream big and live a stable, secure retirement. And perhaps have some fun along the way! One of our retirees, Dixie Gunnett, sent us some pictures of what retirement is like for her. She's been retired from Jefferson County Sheriff's Office since September of 2014 and has been busy living out the next chapter of her life her way. Here's her story in her own words, and pictures.
Pre-Retirement Seminar season 2019 is well underway here at LAGERS. We're traveling the state, coming to your area to educate and inform you on the process of retiring and receiving your LAGERS benefit. If you are within 5 years of retirement, we recommend you attend at least one before retirement rolls around. We asked those who attended our seminars how we did, and we came up with 3 reasons why you should attend a Pre-Retirement Seminar.
From the Info Box: "I'm currently retired but considering returning to work. What will happen to my LAGERS benefit if I do that?"
As if winter isn’t dreadful enough for those of us warm-weather lovers, at this time of year another certain unsavory topic is likely to preoccupy our thoughts—taxes. You know, that necessary evil that everyone wishes wasn’t so painful? Since it’s on all our minds though, we thought we’d talk about a few of the common tax issues that come up regarding your LAGERS benefits.
This post was originally posted in August of 2017, and has been updated to reflect this year's COLA numbers.
This year LAGERS retirees will receive a COLA (Cost of Living Adjustment) of around 2.87%. This increase will be reflected on October 1st and it means much more than just a slight increase to your monthly benefit. It shows the strength and overall financial security of your LAGERS pension system.