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LAGERS News
11
Jan 20
LAGERS Seeks to Enhance Flexibility of Employee Contribution Options
LAGERS is seeking legislation to further enhance the flexibility of the retirement system. Currently under law, a member employer has many options to tailor a retirement benefit that will meet the goals and needs of its unique workforce. The options for employer election range from the benefit multiplier, final average salary, retirement ages, and employee contributions.
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23
Sep 19
System Portfolio Earns 7.1% for the Year
The Missouri Local Government Employees Retirement System (LAGERS), the pension fund that covers over 60,000 Missouri local government employees and retirees, had a 7.1% total return (net of fees) for the fiscal year ending June 30, 2019.
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