This is the second year for LAGERS’ annual Local Government Hero Award and the three finalists embody the very best in public service. Local government services directly touch our lives every day. Every time we flip a light switch, turn on a faucet, drive on a city street, and use…...
GOVERNOR PARSON SIGNS LAGERS’ EMPLOYEE CONTRIBUTION EXPANSION BILL
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…...
LAGERS Earns Award for Financial Reporting for 42nd Consecutive Year
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’ Expansion of Employee Contribution Bill Passed the General Assembly
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 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…...
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…...