If you are a St. Paul Teachers’ Retirement Fund Association (SPTRFA) monthly benefit recipient, the following is important information about your SPTRFA 1099-R for the tax year 2020:
Your SPTRFA 1099-R was recently mailed to you. The 1099-R form that you received may have boxes 12 through 19 numbered differently than what you might see on tax preparation software due to a change in the IRS 1099-R template. The differences are explained below. Please note that this is a formatting difference only – all data on your form is correct. There is no need for a corrected SPTRFA 1099-R.
The box changes as described below are relevant if you are filing a Minnesota tax return:
Box 14 – State Tax – this will appear as box 12 on your SPTRFA 1099-R
Box 15 – State/Payer’s state no. – this will appear as box 13 on your SPTRFA 1099-R
Box 16 – State Distribution – this will appear as box 14 on your SPTRFA 1099-R
All dollar amounts are accurate and can be used to file your tax return.
Click here to view an example 2020 tax year 1099-R form.
If you have questions regarding this information, please email us at email@example.com
Attention Retirees: Those aged 65 and older may qualify for additional tax benefits, including the Senior Citizens Property Tax Deferral Program. The application is available online and on paper through the Minnesota Department of Revenue, https://www.revenue.state.mn.us/property-tax-deferral-senior-citizens.
We invite you to read our Winter 2020 Newsletter!
2020 Winter Newsletter is here! The SPTRFA News is published for all members of SPTRFA.
Publications are shared directly to our members and online as PDF files. If you do not have Acrobat Reader installed on your computer to print or view PDF documents, a free download of the program is available at the Adobe website.
Members, Thinking of Retiring in 2020-2021?
View our Pre-Retirement Benefits Session- Click to review the presentation and other helpful pre-retirement content.
If you are retiring at the end of the school year we strongly encourage you to call us prior to submitting SPTRFA retirement application.
Before your appointment read the pension benefit application process using the links below:
Important Reminder: You must complete all SPTRFA Retirement Application paperwork and provide the required documentation prior to receiving your pension benefit.
Coronavirus Update: We are Open for Business
Effective Tuesday, March 17, we have closed our physical office and reopened for business under our virtual presence.
We expect to replicate all of our critical systems and to be in a position to serve you without interruption. Undoubtedly, there will be a few bumps, and we may be a bit slower at times as we pace through this new workflow.
We ask for your patience and understanding as we work in real-time to improve.
Our Priorities. We want to share our work priorities with you:
1) Protect our pension fund;
2) Maintain uninterrupted pension payments to our retirees;
3) Assist our members who are in the process of retiring this school year; and
4) Process routine member requests.
Call Lines. Should you need us, our call lines will be open from 8 to 4:30. Calls will be routed to a remote team member for action. In the event our team members are busy helping others, or your call is received outside of the prescribed calling times, please leave a message and we will respond as quickly as possible. Members who have requests related to retirement during this school year will be given priority.
Documents – We have resumed delivery with the U.S. Postal Service. If you have documentation that is necessary to complete a retirement file, please consult with your SPTRFA representative for guidance.
How to reach us. Our contact information remains the same:
Email: info @ sptrfa.org
Twitter: @ SPTRFA
Thanks again for your dedication to the vital art of teaching. We appreciate you and look forward to helping you along your journey.
All the best,
Jill E. Schurtz
St. Paul Teachers Retirement Fund Association
- Active members: Please take a moment to update your beneficiaries – Click to download the Designation of Beneficiary Form and submit it by fax or by mail to the St. Paul Teachers’ Retirement Fund Office. To update your address please use the Saint Paul Public Schools Employee Self Service Portal.