We have scheduled spring webinars for the Planning for Retirement presentation. We scheduled them at a variety of times: some after school and some in the morning during spring break weeks.
These one-hour presentations are geared toward TRA members over age 50. Get answers to the questions you have about your pension and the decisions you will have to make. Learn about the benefit formula, beneficiary designation, plan options, acceleration, and much more! Register now!
Click on MyTRA to view your annual statement of benefits, including leaves you have taken, salary reported by your employer and much more.
JULY 30 — Benefits paid by state and local pension plans support a significant amount of economic activity in Minnesota, according to the new study, "Pensionomics 2014" from the National Institute on Retirement Security. Pension benefits received by retirees are spent in the local community. This spending ripples through the economy, as one person’s spending becomes another person’s income. In 2012, expenditures stemming from state and local pensions supported 46,581 Minnesota jobs that paid $2.2 billion in wages and salaries, resulting in $7.0 billion in total economic output and generating $1.2 billion in federal, state, and local tax revenues in our state.
Detroit’s bankruptcy and Chicago’s pension problems have prompted a wave of speculation about city finances. What are the facts? The underlying problems in financially troubled cities have been decades in the making: population loss, declining tax bases, and other patterns of fiscal mismanagement.
Research from the Center for State & Local Government Excellence finds that:
Read the report HERE.
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