The meeting began with a discussion of and approval of LAGERS fiscal year 2021 budget. LAGERS annual budget is approved each year at the June board meeting and stems from LAGERS Business Plan. Some of the key initiatives in the upcoming business plan for LAGERS include:
· Implementation of expansion of employee contribution option bill.
· Enhancements to LAGERS virtual pre-retirement seminars, including live-streaming.
· Creation of a retiree experience survey program to help insure LAGERS continues to deliver a top-notch retirement experience to our members.