Important information regarding your SPTRFA retirement benefits

Members who are currently working at Saint Paul Public Schools (SPPS) and vested with three years of service will be sent a personalized electronic communication on 9-23-2016 from SPTRFA.

An electronic version of your year-end June 30, 2016 estimate is attached, with personal identifying data, such as your date of birth and address, eliminated for your protection.

Thanks to your input and positive feedback, we’ll continue to identify opportunities to use paperless methods of communication. Not only is it good for the environment, but as stewards of your Fund, we also embrace the cost savings realized by reducing our use of paper, envelopes, and postage!  As always, we welcome your constructive feedback and appreciate your support of our efforts!

A Few Things to Know About Your Estimate
Your estimate is intended to give you a sense of approximately how much you could expect to receive when you begin to draw your SPTRFA benefit (assuming that you continue to work at your current FTE and retire on July 1 of any given year). It also illustrates how the value of your retirement benefit values increase the longer you work.

Age 55 is generally the earliest you may apply to receive your SPTRFA pension. Choosing to draw your pension at this age, however, would result in a reduction in your benefit value. This is similar in concept to Social Security – the younger you are when the benefit is drawn the greater the reduction in payment. Members drawing benefits at Normal Retirement Age qualify for an unreduced benefit.

Important Note: these calculations are estimates only – they rely on many assumptions including: retirement service credit, salary, current MN public pension laws, and continued employment with SPPS. Additionally, your current estimate is based upon data reflected in your SPTRFA retirement file as of June 30, 2016.

You may update your personal information and beneficiaries at any time by downloading the appropriate forms at


We’re here to help – If you notice a discrepancy or have questions regarding your estimate please email our Member Service team at

Contact SPTRFA – Office hours are 8:00 am – 4:30 pm, Monday – Friday. No time to come in to meet? Feel free to set up a telephone session! All appointments are offered in half hour sessions.  Call 651-642-2550 to speak with our phone counselors who can help you with general or specific plan questions.

Important reminder for those who return to work with SPPS after retirement…

What you need to know about the Break In Service law.

Under Minnesota law, you must have a “complete and continuous separation for 90 days from employment in any form with Independent School District No. 625” in order to have a right to receive your retirement annuity from SPTRFA.

Importantly, “employment” for this purpose includes “service provided to the school district as an independent contractor or as an employee of an independent contractor.”

Under this rule, for example, employment with Teachers on Call for service as a substitute teacher in District 625 within 90 days of your final date of employment with District 625 would result in a failure of the Break in Service rule.

Please be advised that Minnesota law requires SPTRFA to recover, with interest, amounts received by members who fail to satisfy the Break in Service rule.

Thinking of Retiring in 2016-2017?

If you are retiring at the end of school year 2016-2017, we are giving you first priority for a one-on-one appointment with our pension benefit counselors. We strongly encourage you to meet with us prior to submitting SPTRFA application documents.

Before your appointment gain an understanding of the pension benefit application process using the links below:

Review SPTRFA Retirement Application
Read an easy to follow checklist explaining the retirement process

Important Reminder: You must complete all SPTRFA Retirement Application paperwork and provide the required documentation prior to receiving your pension benefit.