LAGERS is pleased to report the expansion of the system’s public safety option has been truly agreed to and finally passed in Senate Bill 655 and House Bill 1606. The bills now head to the Governor’s desk. LAGERS public safety classification option allows employers the local option to classify their…...
LAGERS Legislative Report
The Missouri legislature has reached its halfway point as they pause this week for legislative spring break. While work in the General Assembly has been slower than usual during the first half of session, LAGERS’ priority legislation is making good progress. This session, LAGERS pre-filed legislation expanding the availability of…...
LAGERS Responds to Russian Invasion of Ukraine
The Missouri Local Government Employees Retirement System is closely monitoring the Russian government’s invasion of Ukraine and the impacts on the global markets, as well as the humanitarian crisis created by this conflict. Effective immediately, LAGERS has instructed its investment managers to prohibit any new purchase of Russian or Belarusian…...
LAGERS Mourns Loss of Director of Technology, Jamie Houk
The LAGERS system is sad to share the news of the passing of long-time Director of Technology, Jamie Houk. Jamie joined the LAGERS team in March of 2009 as a system support specialist. During his tenure, Jamie helped oversee the growth of LAGERS’ technology initiatives and worked tirelessly to ensure…...
LAGERS December Board Report
Presentation of Annual Report LAGERS Chief Financial Officer, Melissa Rackers, presented the completed 53rd Annual Financial Report of the LAGERS system. This report contains a detailed analysis of the financial, investment, and actuarial performance of the system. She noted the continued excellent financial and actuarial health of the LAGERS system,…...
LAGERS Pre-Files Expansion of Public Safety Option Bill
Jefferson City – LAGERS has pre-filed legislation for the upcoming 2022 session of the Missouri General Assembly to expand the availability of LAGERS’ public safety classification option to all employers. The option is currently only available to employers in third class counties. The public safety classification option allows employers the…...
Board of Trustees Elected During Annual Meeting
Two trustees were reelected in uncontested elections during LAGERS’ 54th Annual Meeting at the Lake of the Ozarks on October 14th-15th. J. Robert Ashcroft, Employer Trustee from Platte County was reelected to a four year term ending December 31, 2025. Mr. Aschcroft has served as a trustee since 1982. Arby…...
