SPTRFA will withhold Federal and Minnesota taxes from your retirement benefit. We do not withhold for any other state.
If you wish to update your tax withholding elections, complete and submit an IRS Form W-4P Withholding Certificate for Periodic Pension or Annuity Payments, and/or Minnesota Department of Revenue Form W-4MNP, Minnesota Withholding Certificate for Pension, or Commercial Annuity Payments.
Tax Withholding Forms:
Retirement pension benefits are subject to state (dependent on the state that the retiree resides) and federal income tax and can include both a tax-free amount and a taxable amount. Member contributions made to SPTRFA before January 1, 1983, were taxed (unsheltered) and are not subject to tax in retirement. However, member contributions made on and after that date were not taxed (sheltered) and become taxable in retirement.
The following is important information about your SPTRFA 1099-R for the tax year 2025:
Your SPTRFA 2025 1099-R was mailed on December 31, 2025. The SPTRFA sends a 1099-R Form in January for the prior year’s pension benefits received. Similar to a W-2 form from an employer, the 1099-R reports your annual pension benefit payments for the previous year.