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This Missouri City Just Switched Employees from a 401(k) to a Defined Benefit Plan
National Public Pension Coalition [NPPC] 
Sept. 8, 2017 "The city of Webster Groves switched from a defined contribution 401(k) plan to a defined benefit pension through the Local Government Employees Retirement System (LAGERS) ... [which is] a statewide public pension system for local government employees in Missouri.... The system is also 95% funded, a clear sign of the strength of the system." MORE >> |
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