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Service Credit Calculation Change for K-12 Organizations: Myths and Facts

FACT: The method of calculating service credit will change for service performed after June 30, 2012. (more...)

E-Payment Announcement

Employers utilizing the E-payment system may now go directly to the US Bank web site to:

  • view previous payments (Payment History), or
  • cancel pending payments (Pending Payments).

Important Note: All E-Payments require overnight processing. You may authorize payment for the next business day and up to 14 days in the future, excluding Saturday, Sunday and holidays. Employer Units may not authorize a payment to be processed in the same day. To control the scheduled payment date, complete the “Make a Payment – TRA Payroll Remittance” screen on the US Bank web site.

If you wish to change a payment, please contact Joseph Crawford, Sebastine Okere or Dave Hammer at 800–657–3853.

Contribution Rates

Legislation passed during the 2010 session increased member and employer contribution rates by 0.5 percent annually over a four-year period beginning July 1, 2011.  On July 1, 2014, the member and employer rate will each be 7.5 percent.

Contributors Prior to
July 1,
2011
July 1,
2011
July 1,
2012
July 1,
2013
July 1,
2014

Employers – Coordinated

5.50% 6.00% 6.50% 7.00% 7.50%

Employers – Basic

9.50% 10.00% 10.50% 11.00% 11.50%

Employers – Minneapolis Additional

3.64% 3.64% 3.64% 3.64% 3.64%

Members – Coordinated

5.50% 6.00% 6.50% 7.00% 7.50%

Members – Basic

9.00% 9.50% 10.00% 10.50% 11.00%

Contribution rates are determined by statute and subject to change by the Minnesota Legislature.

Employer Notices

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