ourbumble.wordpress.com

lagersbloggers.org

Unfunded Liability | LAGERS Bloggers

https://lagersbloggers.org/tag/unfunded-liability

A retirement resource for Missouri's local government employees. Tag Archives: Unfunded Liability. Changes are Coming, But Your Benefit is as Secure as Ever. If you haven’t already, you may begin to hear about new accounting standards. Required of employers that participate in LAGERS. These standards may make some LAGERS employers look worse off when it comes to their LAGERS pensions even if they’re not. The important thing to remember is the only thing that is changing is the reporting and. LAGERS emplo...

lagersbloggers.org

Credit | LAGERS Bloggers

https://lagersbloggers.org/tag/credit

A retirement resource for Missouri's local government employees. How to Increase Your LAGERS Benefit Without Working Longer. In LAGERS, you are not accumulating money in an account to grow your retirement nest egg but rather, you are earning service credits. Each month of work equals a month of service credit. The more service credits you have, the more monthly income you will receive from LAGERS during your retirement. It just may be, depending on your circumstances. The process is like buying an annuity.

lagersbloggers.org

The Best Ways to Communicate Your LAGERS Benefits | LAGERS Bloggers

https://lagersbloggers.org/2014/09/23/152

A retirement resource for Missouri's local government employees. By Jeff Pabst, CRC. The Best Ways to Communicate Your LAGERS Benefits. Are you having a hard time communicating the benefit of your LAGERS pension to your employees? When employees understand the value of their defined benefit plan, quit rates decrease by 20% (National Institute on Retirement Security read article here). Below are a few tips that you can use when discussing your LAGERS pension with employees. Jeff Pabst, CRC. Fill in your d...

lagersbloggers.org

Retirees | LAGERS Bloggers

https://lagersbloggers.org/category/retirees

A retirement resource for Missouri's local government employees. The Significance of Your LAGERS COLA Benefit is Larger Than You Think . . . This year LAGERS retirees will receive a COLA. Cost of Living Adjustment) of around 1%. This increase will be reflected on October 1st and it means much more than just a slight increase to your monthly benefit. It shows the strength and overall financial security of your LAGERS pension system. Source:NRTA Pension Education Toolkit. While this is obviously an extreme...

lagersbloggers.org

Other Public Employment | LAGERS Bloggers

https://lagersbloggers.org/tag/other-public-employment

A retirement resource for Missouri's local government employees. Tag Archives: Other Public Employment. How to Increase Your LAGERS Benefit Without Working Longer. In LAGERS, you are not accumulating money in an account to grow your retirement nest egg but rather, you are earning service credits. Each month of work equals a month of service credit. The more service credits you have, the more monthly income you will receive from LAGERS during your retirement. It just may be, depending on your circumstances.

lagersbloggers.org

beneficiary; beneficiaries | LAGERS Bloggers

https://lagersbloggers.org/tag/beneficiary-beneficiaries

A retirement resource for Missouri's local government employees. Tag Archives: beneficiary; beneficiaries. Your LAGERS Beneficiaries: Who Gets What? If you remember your first day on the job, you might remember being asked to complete a LAGERS enrollment form. On that piece of paper, you designated beneficiaries for your LAGERS benefit. Do you remember who you put down? Do you know what that person might get? If you don’t have a spouse or dependent children, here’s where that beneficiary designation you ...

lagersbloggers.org

The Results are In! LAGERS Shares Communication Survey Results | LAGERS Bloggers

https://lagersbloggers.org/2015/08/04/the-results-are-in-lagers-shares-communication-survey-results

A retirement resource for Missouri's local government employees. The Results are In! LAGERS Shares Communication Survey Results. Here are a few excerpts from the results and comments! Below are some of the comments we received on the survey and our responses:. For the past several years I have looked for a simple explanation of what that years COLA is. There is always some vague explanation and no number. I would like to have the number posted where it is easy to find and understand. We understand that w...

lagersbloggers.org

Prospective Members | LAGERS Bloggers

https://lagersbloggers.org/category/prospective-members

A retirement resource for Missouri's local government employees. Category Archives: Prospective Members. The #1 Thing Most People Overlook When Planning for Retirement. What are you going to do when you don’t have to do anything? Many of us dream of these days when we can fill our time doing the things we never had time for while working. Sounds great doesn’t it? I know what you’re thinking right now, This will not be a problem for me! You should see the list of all the things I want/need to do! Maybe yo...

lagersbloggers.org

GASB | LAGERS Bloggers

https://lagersbloggers.org/tag/gasb

A retirement resource for Missouri's local government employees. Auditors: Skunks at the Garden Party? Auditors are those wonderful people you wait anxiously to see every year, and when they appear it’s just like Christmas morning. Okay, maybe it isn’t exactly that way. You may look at audits as a necessary evil, but they really do serve an important role for your organization. Here at LAGERS, we have lots of audits. Lots. We have an internal auditor (me). Why are we telling you this? The SOC Report ment...