What Have You Been Up to?

We recently sent out a call asking you to share with us what you have been doing lately. As a retiree, the last few months have affected you, and others like you, in a very unique way. Take a look and see what a few of your fellow retirees have been doing!

Tagged Retirees, Retirement, Retirement, Retire, COVID-19

Back by Popular Demand - The City of Webster Groves switched to LAGERS

 

For America Saves Week, we're bringing back the story of the City of Webster Groves and how they found that a defined benefit pension plan was the best option for their employees to securely save for retirement. The City wanted to ensure that their employees had the best opportunity to achieve a secure retirement that could be provided. In turn, the employees benefited from the security of a defined benefit plan, and the City could remain competitive in order to recruit and retain the best crop of public servants for the community. Read Joan's account of how they came to the conclusion that LAGERS provided the best value for the employees of Webster Groves.

Tagged Defined Contribution, Retirement Security, value of local government, Value of pensions, Retirement, Retire, cities, Local Government, Missouri

LAGERS Continues to Keep its Promises to a Growing Retiree Population

 

 
There are now over 24,000 people receiving a monthly benefit from LAGERS.

Tagged Retirement Security, Secure, Retirement, Retire

Don't thank LAGERS. Thank your employer.

Photo by Simon Maage on Unsplash

 

It's always nice to be thanked for a job well done. Everyone needs an "atta boy" once in awhile. And the team at LAGERS is no exception. We love when our members send appreciation our way for protecting their retirement money.

Tagged secure retirement, Security, Value of pensions, Retirement, Retire

Governor Parson Signs LAGERS' Public Safety Bill Into Law

Governor Parson signed LAGERS Public Safety Bill into law on July 10 meaning that many employers will soon have the option to cover EMS personnel, emergency telecommunicators, and jailors as Public Safety personnel with an age 55 normal retirement age.

Tagged EMT, General Assembly, Plan Design, Session, Retirement, Retire, public safety, Policy, issues & policy, first responders

Retiree Spotlight - Dixie Gunnett

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.

Tagged Retirees, Retirement Security, Secure, secure retirement, Retirement, Retire, women in retirement

5 MYTHS LAGERS MEMBERS BELIEVE ABOUT THEIR BENEFITS

 

Tagged Contributions, Investments, COLA, Final Average Salary, Retirement Options, Retirement, Retire

3 Reasons to Attend a Pre-Retirement Seminar, Straight from our Members

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.

Tagged Applying for Benefits, Payout Options, Pre-Retirement Seminars, Retirees, apply for retirement, Retirement, Retire, Retirement Process

What Kind, How - and When - To Purchase LAGERS Service

when

Tagged Military, myLAGERS, purchasing service, Retirement, Retire

Proof That Pensions Are Sustainable For Missouri's Local Governments

Photo by Fabian Blank on Unsplash
  • About half of Americans age 55 and older have nothing saved for retirement. However, 20% of these do have access to a defined benefit pension plan.
  • Defined benefit pensions are the preferred retirement plan for state and local government employers.
  • 39 employers have chosen LAGERS defined benefit plan for their employees within the last year. Almost all switched from a 401(k)-type plan.
  • Defined benefit plans, like LAGERS, help government employers attract and retain good workers to serve the community.

 

Tagged 401(k), pensions, Security, Value of pensions, Retirement, Retire, Local Government, Missouri

Contact LAGERS

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