What kind of plan is SPTRFA?

The SPTRFA administers two types of plans: Basic and Coordinated. Both are defined benefit plans. This means that you are guaranteed a lifetime, monthly retirement benefit from the SPTRFA if you meet eligibility requirements. Your benefit is not determined solely by your employee contributions. Rather, it is based on a formula, in which allowable retirement service credit and salary are key factors.

Posted in: Active Membership

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The SPTRFA Office will be closed on Monday May 26th for the Memorial Day holiday. SPTRFA cannot help with questions on retiree insurance. Please contact SPPS at benefits@spps.org

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