July 14, 2020, For Immediate Release Jefferson City, MO – Governor Parson has signed LAGERS’ employee contribution expansion bill, meaning that LAGERS employers will soon have more flexibility with their local benefit elections. House bill 1467, which the Governor signed on July 13, will extend the options for the employee…...

The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to the Missouri Local Government Employees Retirement System for its comprehensive annual financial report for the fiscal year ending June 30, 2019. This is the 42nd consecutive…...

LAGERS has been monitoring the impact of the Coronavirus (COVID-19) in an effort to ensure we are proactively protecting the health and safety of our members and staff, and to ensure that our normal business operations and services to our members and retirees continue uninterrupted....

With one week left in the second session of the 100th General Assembly, LAGERS’ Expansion of Employee Contribution Bill, House Bill 1467, has been truly agreed and finally passed. House Bill 1467 will enhance the options available for employer election under the employee contribution option.  Currently under law, an employer…...

LAGERS has been monitoring the impact of the Coronavirus (COVID-19) in an effort to ensure we are proactively protecting the health and safety of our members, staff, and all we come in contact with. On Tuesday, lawmakers issued a request urging all advocacy groups to avoid the Capitol. In consideration…...

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…...

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....

A new report released by the Missouri Local Government Employees Retirement System (LAGERS) shows the $8.1 billion pension fund paid over $333 million in benefits last year, with $309 million paid to recipients living in Missouri....

This legislation enables LAGERS-participating employers in third-class counties and Cape Girardeau county to choose to designate their jailors, EMS personnel, and emergency telecommunicators as public safety personnel with an age 55 normal retirement age....

LAGERS participates in an annual security assessment of its core systems in an effort to keep members' and employers' information safe. For the fifth year in a row, LAGERS scored a 4 out of 4 rating, meeting and exceeding industry best practices for information security during its annual information security…...