LAGERS Member Rosalie Spencer on 50 Years with Rolla Municipal Utilities - "It's Been an Honor to Serve Rolla."

My colleague Penny and I recently spent some time in Rolla to honor one of our long-standing members, Rolla Municipal Utilities employee Rosalie Spencer, who was celebrating 50 years with the organization with a lunch reception. Around 70 of Rosalie's friends, family and coworkers present and past were on hand to celebrate her accomplishment. "When I started here, I told them if they hired me I wanted to stay until I retire. And I am." Rosalie plans to retire at the end of April of this year, and because she has stayed for 50 years should be able to replace a sizable amount of her salary with her LAGERS benefit.

Tagged Retirement, Retire, Financial security, Security, secure retirement, Secure, Retirement Security, Retirement Benefits, Retirement, retiree, pensions, LAGERS

Secure Income from a Defined Benefit Plan Helps Achieve Financial Security in Retirement

 

I recently read an article from the Washington Post which stated, “If you don’t want to run out of money in retirement, follow this rule of thumb.” So, of course I clicked into the article to see what kind of advice they had to give.

Tagged Financial security, Secure, secure retirement, three legged stool

GOT ETHICS?

“I think ethics is the most exciting topic in the world to talk about,” said no one ever.


 

I know people who actually cringe when they discover a seminar or conference they will be attending has a session on ethics. Some professions require training in ethics—for example, those of us with a CPA license must obtain a whopping two hours of ethics training per year. (Thank you Enron, Arthur Anderson, etc…)

Tagged Strategy, Goals, secure retirement, Secure, Security, Retirement Security, retirement planning, Retirement, pensions, Members, Getting it Right, Defined Benefit, Defending Pensions, compliance, ethics

Six Themes Important to the Success of LAGERS’ Investment Portfolio

Tagged Employers, Funding, Investments, Members, Prospective Members, Retirees, Returns, Secure

Is My LAGERS Benefit Secure?

You’ve probably been hearing chatter in the media about the recent Congressional Spending Bill, which includes provisions that may allow certain multiemployer pension benefits to be cut.  Many of the articles in the news are unclear about which plans are affected by this particular bill and have raised further questions from our members about the security of their LAGERS benefit.

Tagged congress, General Assembly, Legislation, Members, Retirees, Secure, Security

Contact LAGERS

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