advocating for Minneapolis teachers' pension security
With your support, the Committee of 13 advocates for our defined benefit pensions. We work to make sure that you have the facts about your MPS/TRA defined benefit pension. We also make sure that the legislators who serve on Minnesota's Legislative Commission on Pensions and Retirement have up-to-date information on MPS/TRA pensions.
We provide facts that counter the biased information distributed by groups
seeking to undermine our retirement security. You'll find up-to-date news from the Legislative Commission on Pensions and Retirement, the Minnesota Legislature and Congress on this page and in our latest newsletter. Come back often. Follow us on Facebook, Twitter, and Google Plus--and check out our blog, too.
LEGISLATIVE LEADERS ANNOUNCE MEMBERS OF THE PENSION COMMISSION
The 14 members of the Minnesota Legislative Commission on Pensions and Retirement have been named by House and Senate leaders. You'll find a list of the members and their contact informationhere.
TRA ADDRESSES CONCERNS ABOUT 2016 INVESTMENT RETURNS Have you ever been stuck with an unflattering school portrait? Still photographs some- times freeze in time a pretty bad look. This is similar to what happened with pension system investments for fiscal year 2016. TRA has received inquiries from members wondering how it is that fiscal 2016 investment returns were so poor at a time when the stock market was setting records. There is a common misunderstanding about the low return (-0.1 percent) last fiscal year. It is important to point out that that reported return was for the fiscal year ending June 30, 2016, not the calendar year ending Dec. 31, 2016. (Read TRA's full response to questions about the investment returnshere).