PERA / TRA
Public Employees Retirement Association of Minnesota (PERA)
As a public employee, you are already contributing to your financial future!
PERA is a statewide pension program that offers benefits to public employees. Membership in PERA is automatic for non-elected public employees that meet minimum salary and position eligibility requirements set by Minnesota statute. You currently contribute 6.5 percent of your gross salary and ISD 728 contributes 7.5 percent of that same salary.
- Your pension plan video provided by mnpera.org
- PERA Information Session recorded April 3, 2018 at ISD 728
Teachers Retirement Association (TRA)
TRA is a Minnesota statewide public pension fund that provides retirement, disability and death benefits to Minnesota public school teachers, administrators, college faculty, retirees, their families and beneficiaries. You and ISD 728 both contribute to TRA, currently set at 7.5 percent of your gross earnings. TRA calculates your pension based on three key factors: retirement age, years of serivce and top 5 earning years.
Early/Mid-Career TRA Information Sesssion - recorded April 18, 2018
Retirement Planning - TRA Information Session - recorded April 25, 2018
- Powerpoint Slides
- TRA At-A-Glance
- TRA Quick Reference Guide
- Last Day of Employment Q & A for Members
- Nearing and After Retirement
- 2017 Fiscal Year Retirees
- My TRA Account Information
For more information, visit the TRA website or view the handbook linked below: