NORMAL RETIREMENT . . .

If a LAGERS member has accrued at least five years of credited service and has attained at least minimum service retirement age (age 60 for general employees; age 55 for fire fighters and police officers), he or she can retire with a normal retirement with the amount payable calculated as follows:

Benefit Factor x Final Average Monthly Salary x Years of Credited Service  =  Monthly Benefit

Also, an alternate unreduced retirement provision (if elected by a political subdivision) is available based on age and service totaling 80.

 
A member wishing to retire must file an application for retirement at least 30 days, but no more than 90 days, from the date it is to be effective. All LAGERS retirements are effective the first day of the month and all retirement checks are mailed from Jefferson City on the last working day of each month. LAGERS offers direct deposit service and encourages retirees/beneficiaries to participate in this service.

Learn more . . .