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Th the LAGERS office, Missouri state law decides who the eligible recipient will be on a LAGERS monthly survivor benefit. A spouse of at least two years* will be considered the first eligible recipient. If there is no eligible spouse, the recipient will automatically be any dependent child, see definition below. If there is no eligible spouse or dependent children, there is no monthly survivor benefit.

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Division of Benefits Order (DBO) Missouri statutes permit the division of MOSERS retirement benefits in the event of a divorce. The law allows MOSERS to pay a portion of your pension benefit directly to your ex- spouse at the time you begin receiving payments from MOSERS.

If family court determines your LAGERS benefit is divisible as a marital asset, it is solely your responsibility to forward the portion determined by the family court to your former spouse. The former spouse cannot begin receiving his or her portion until you begin to draw your monthly benefit.

After the divorce is over, your spouse will not have the ability to come back and try to get more of your pension plan for herself. All contributions and the value of the goal after your divorce has concluded will be a part of your separate estate, and your spouse would have no ability to claim that value as her own.

The Rule of 80 allows eligible members to retire earlier than normal retirement age with no reduction in their monthly payment. If your employer provides the Rule of 80 retirement provision, you may be eligible to retire with unreduced benefits when your years of credited service plus your age total the number 80.

LAGERS is a non-profit public pension system created in 1967 by the General Assembly of the State of Missouri to provide retirement, disability, and survivors' benefits to Missouri's local government employees. LAGERS currently covers almost 800 employers, over 35,000 active members, and approximately 24,000 retirees.

LAGERS' benefit formula multiplies an employer elected percentage by how much you make and how long you work. Your employer chooses a benefit multiplier between 1% and 2.5%. As well, your employer chooses the wages used in your benefit calculation as either the highest consecutive 36 or 60 months.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232