For the 44th consecutive year, the Missouri Local Government Employees Retirement system (LAGERS) has received the Government Finance Officers Association of the United States and Canada’s (GFOA) Certificate of Achievement for Excellence in Financial Reporting for its Annual Comprehensive Financial Report for the fiscal year ended June 30, 2021. The…...
LAGERS September Board Report
The LAGERS Board of Trustees has a fiduciary duty to its membership to ensure the system is administered in a fiscally sound manner. The board meets at least quarterly to make sure LAGERS continues to deliver on its commitments of strength and security. The board gathered on September 23, 2022 for…...
Governor Parson Signs Senate Bill 655 Into Law
Jefferson City, MO – Governor Parson has signed LAGERS’ public safety expansion bill, Senate Bill 655, meaning that soon all LAGERS employers will have the option to classify their EMS, Jailer, and Emergency Telecommunicators as public safety personnel in LAGERS. “We are pleased to have the Governor sign this important…...
Former LAGERS Director, William R. Schwartz, To Be Honored with Building Dedication
Jefferson City, MO – The Missouri Local Government Employees Retirement System (LAGERS) has announced plans to name their office building at 701 W. Main Street in Jefferson City as the Missouri Local Government Employees Retirement System, William R. Schwartz Building in honor of former long-time Executive Director, William (Bill) Schwartz.…...
Missouri LAGERS Executive Director Announces Retirement
The Missouri Local Government Employees Retirement System’s Executive Director Robert L. Wilson has announced his plans to retire later this year after nearly three decades of service with the system. “It has been a tremendous honor to serve the LAGERS membership throughout my career. Our members work incredibly hard each…...
LAGERS Expansion of Public Safety Option Approved by General Assembly
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…...