The City of Manchester is investigating the possibility of joining the Missouri Local Government Employees Retirement System (LAGERS)
LAGERS is a defined benefit plan for its employees. The Initial Valuation For City of Manchester as of August 31, 2021 (Actuary) was reviewed in November 2021. Before any decision can be made, the entire actuary report must be available as public information for at least 45 calendar days prior to the date final official action is taken by your governing body to join the System. The actuary was placed on the January 18, 2022, Board of Aldermen meeting for discussion and January 19, 2022, is the start date when the public can review information. This action would not be binding on the City yet establishes the beginning date of the 45-day waiting period.
If there are any questions, contact City of Manchester Director of Finance Donald Yucuis at 636 207-2807 or by email at firstname.lastname@example.org.
View the Actuary Here