LAGERS Legislative Day 2020 Canceled

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…...

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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…...

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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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New Report Shows How Retiree Spending Benefits Every County in Missouri

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....

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Gov. Parson Signs LAGERS’ Public Safety Personnel Bill

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....

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Five years in a row, Missouri LAGERS scores 4/4 on Annual Security Assessment

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…...

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New Report Shows LAGERS is a Good Investment for Local Governments in Missouri

A new report released by the Missouri Local Government Employees Retirement System (LAGERS) shows that the pension plan is a small portion of local government budgets and is a good investment for employers....

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