Missouri LAGERS administers pension and other benefits for employees of more than 600 political subdivisions that have elected to participate
Missouri Local Government Employees Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Missouri Local |
10,175.5 |
80,355 |
| Other Plans |
0.0 |
0 |
| Total |
10,175.5 |
80,355 |
Source: Public Plans Database (as of 2022)
Note: Missouri Local Government Employees Retirement System has 0 other plans.
Assets
Assets at Year-End
Missouri Local Government Employees Retirement System
2001-2022
| Fiscal Year |
Net Assets (billions) |
| 2001 |
2.5 |
| 2002 |
2.4 |
| 2003 |
2.4 |
| 2004 |
2.8 |
| 2005 |
3.2 |
| 2006 |
3.5 |
| 2007 |
4.1 |
| 2008 |
4.0 |
| 2009 |
3.2 |
| 2010 |
3.7 |
| 2011 |
4.5 |
| 2012 |
4.7 |
| 2013 |
5.3 |
| 2014 |
6.3 |
| 2015 |
6.4 |
| 2016 |
6.3 |
| 2017 |
7.0 |
| 2018 |
7.8 |
| 2019 |
8.2 |
| 2020 |
8.2 |
| 2021 |
10.3 |
| 2022 |
10.2 |
Membership
Ratio of Actives to Beneficiaries, 2001-2022
| Fiscal Year |
Missouri Local Government Employees Retirement System |
US State and Local Pensions |
| 2001 |
2.9 |
2.4 |
| 2002 |
2.8 |
2.3 |
| 2003 |
2.8 |
2.2 |
| 2004 |
2.7 |
2.1 |
| 2005 |
2.6 |
2.1 |
| 2006 |
2.5 |
2.0 |
| 2007 |
2.5 |
2.0 |
| 2008 |
2.4 |
1.9 |
| 2009 |
2.3 |
1.9 |
| 2010 |
2.3 |
1.8 |
| 2011 |
2.1 |
1.7 |
| 2012 |
2.0 |
1.6 |
| 2013 |
1.9 |
1.5 |
| 2014 |
1.8 |
1.4 |
| 2015 |
1.7 |
1.4 |
| 2016 |
1.6 |
1.4 |
| 2017 |
1.5 |
1.4 |
| 2018 |
1.5 |
1.3 |
| 2019 |
1.4 |
1.3 |
| 2020 |
1.4 |
1.3 |
| 2021 |
1.3 |
1.2 |
| 2022 |
1.3 |
1.2 |
2022 Membership for Missouri Local Government Employees Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 35,029 |
27,713 |
17,613 |
80,355 |
663 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Missouri Local Government Employees Retirement System
2001-2022
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
25.0 |
2,481.3 |
| 2002 |
23.1 |
2,382.3 |
| 2003 |
14.3 |
2,436.0 |
| 2004 |
8.8 |
2,840.5 |
| 2005 |
5.6 |
3,188.4 |
| 2006 |
6.7 |
3,468.9 |
| 2007 |
10.4 |
4,082.1 |
| 2008 |
-5.8 |
3,962.8 |
| 2009 |
-14.4 |
3,217.0 |
| 2010 |
-14.3 |
3,695.3 |
| 2011 |
-12.3 |
4,535.3 |
| 2012 |
-22.8 |
4,679.1 |
| 2013 |
-26.3 |
5,326.3 |
| 2014 |
-15.7 |
6,310.0 |
| 2015 |
-53.1 |
6,381.4 |
| 2016 |
-67.3 |
6,302.3 |
| 2017 |
-69.4 |
6,987.3 |
| 2018 |
-91.3 |
7,756.2 |
| 2019 |
-89.7 |
8,176.3 |
| 2020 |
-121.3 |
8,160.6 |
| 2021 |
-119.2 |
10,285.0 |
| 2022 |
-117.4 |
10,175.5 |
2022 Cash Flows for Missouri Local Government Employees Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 308.5 |
425.8 |
7.8 |
-109.5 |
Cash Flow as a Percentage of Assets
Missouri Local Government Employees Retirement System
2001-2022
| Fiscal Year |
Missouri Local Government Employees Retirement System |
National Average |
| 2001 |
1.0 |
-2.1 |
| 2002 |
1.0 |
-2.4 |
| 2003 |
0.6 |
-2.6 |
| 2004 |
0.3 |
-2.0 |
| 2005 |
0.2 |
-2.2 |
| 2006 |
0.2 |
-2.2 |
| 2007 |
0.3 |
-2.1 |
| 2008 |
-0.1 |
-2.3 |
| 2009 |
-0.4 |
-3.1 |
| 2010 |
-0.4 |
-3.2 |
| 2011 |
-0.3 |
-3.1 |
| 2012 |
-0.5 |
-3.3 |
| 2013 |
-0.5 |
-3.1 |
| 2014 |
-0.2 |
-2.9 |
| 2015 |
-0.8 |
-2.8 |
| 2016 |
-1.1 |
-3.0 |
| 2017 |
-1.0 |
-2.9 |
| 2018 |
-1.2 |
-2.6 |
| 2019 |
-1.1 |
-2.6 |
| 2020 |
-1.5 |
-2.4 |
| 2021 |
-1.2 |
-2.1 |
| 2022 |
-1.2 |
-2.1 |
