March 4, 2023 If you have worked for more than one LAGERS employer, or even for two different departments within the same employer, here are a few important items to keep in mind when calculating your benefit....
Retiree Newsletter: Benefits Corner
Cost of Living Adjustments As high inflation continues to impact US households, many retirees with fixed incomes are faced with the risk of losing purchasing power. Fortunately, your LAGERS benefit is designed to help protect against inflation risk with annual cost of living adjustments (COLAs). Each September, the LAGERS Board…...
Retiree News: When Will You Receive Your Tax Document
Preparing Your 1099: LAGERS staff is hard at work preparing your tax documents (1099-R). Federal regulations require LAGERS must postmark your tax documentation by the last day of January. Due to postal service delays, you may not receive your 1099-R until early February. Once your 1099-R is sent to our…...
Cost of Living Adjustment: Keep Living the Life You Love
LAGERS’ mission is to provide and preserve retirement security for those dedicated to serving Missouri’s local communities. One of the key plan features that helps you maintain financial security throughout your retirement is your benefit’s cost of living adjustment (COLA). The goal of your LAGERS’ COLA is to ensure your…...
