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TRA ends year on a high note

As of June 30, 2017, TRA had approximately $21.22 billion in assets. Our unaudited investment return is 15.11% for the fiscal year.

Read the details in our Investment Return & Inflation Analysis report.

Retirement group workshops
July 26/27

Thinking about retirement?

Even if it is 10 years away, learn now about your pension and the decisions you will have to make when you retire.

"Other people asked questions that I had not thought to ask. It was good to hear them and the answers from the TRA rep" -- actual attendee

Check out the entire list of group workshops and register today at MinnesotaTRA.org

July 26 -- Bemidji, Duluth
July 27 -- Pine City, St. Paul

TRA Executive Director
Laurie Hacking to retire

Laurie Fiori Hacking, executive director of Teachers Retirement Association (TRA) of Minnesota, has announced that she will retire at the end of 2017.

Hacking joined TRA in March 2006, serving as the executive director of the teacher pension system for over 11 years. TRA is a $20 billion fund serving nearly 190,000 active, retired or deferred Minnesota public educators.  “It has been an honor to serve the teachers of Minnesota, helping them achieve economic security in retirement and helping to support the state’s education system in the recruitment and retention of experienced, quality teachers,” Hacking said.

Full story HERE. Job posting HERE.

TRA financial remedies fail
at legislature

Gov. Mark Dayton vetoed a bill passed by the 90th Minnesota legislature that linked pension-related legislation to language restricting cities and other local governments from setting minimum wage rates or other worker benefit and leave terms for private employers within their jurisdictions.

Details here.

Learn about your pension

As a public employee, you are already contributing to your financial future! Watch our video to learn more.

 

Direct deposit schedule

2017 Direct Deposit Schedule
January 3 July 3
February 1 August 1
March 1 September 1
April 3 October 2
May 1 November 1
June 1 December 1

 

Additional News

2017 Federal Tax Tables

2017 Minnesota Tax Tables

 

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HOT LINKS

NEW! Summer TRIB newsletters

Counseling services

St. Paul construction alert

Statewide construction information

Handbook of Benefits and Services

Visitor Security Policy

Newly Eligible Minnesota State Faculty

Tax Withholding Calculator
(Federal and Minnesota)

Fund Facts


 

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