LAGERS retirees have several different options for working after they retire.  If a retiree decides to return to work, he or she should be aware of how it may affect their current LAGERS retirement benefit.

 

 

A retiree's benefit will NOT be affected if:

He or she employs full time or part time for any private or non-LAGERS employer.

 

He or she re-employs part time for an employer from which she is drawing a benefit.

Part time is defined as less than the "Annual Hours Required for Coverage" that is elected by each employer.

 

He or she re-employs full time for a different LAGERS employer from which he is receiving a benefit.

 

Before the retiree may re-employ with a different LAGERS employer, he or she must have one calendar month break in employment.  Once the retiree has been re-employed for 12 consecutive months, he or she would be vested and eligible for an additional monthly benefit upon the second retirement.

A retiree's benefit will be suspended if:

He or she re-employs full time with an employer from which he or she is currently receiving a benefit.

 

If this were to happen, the monthly benefit would be suspended and the retiree would again become an active member of LAGERS.   Once the retiree has been re-employed for 12 consecutive months, he or she would be re-vested and eligible for an additional monthly benefit upon his second retirement. Upon the second retirement, the first benefit would also be reinstated.

According to state law, a LAGERS member may not be earning a benefit from the same employer from which he or she is currently drawing a benefit.

Missouri Local Government Employees Retirement System

Phone:   1-800-447-4334      Local:  573-636-9455        Fax:  573-636-9671     Email: info@molagers.org

 

701 West Main St.     PO Box 1665     Jefferson City, MO 65102