Minnesota Teachers Retirement Association
public plan · State of Minnesota · Rochester, MN
Funding History
What This Means for You
Minnesota Teachers Retirement Association is 79% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $7.0B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $25.5B | $32.5B | 78.5% | $1.3B |
| 2024 | $25.0B | $32.6B | 76.7% | $1.4B |
| 2023 | $23.1B | $32.0B | 72.1% | $1.4B |
| 2022 | $22.7B | $29.7B | 76.4% | $1.3B |
| 2021 | $21.0B | $26.1B | 80.6% | $1.4B |
Frequently Asked Questions
Minnesota Teachers Retirement Association is 79% funded, meaning it has 79 cents in assets for every dollar in future benefit obligations. This is below the 80% threshold actuaries consider healthy, and may require increased contributions.
Minnesota Teachers Retirement Association has 185,951 total participants, including 75,705 active employees and 110,246 retirees currently receiving benefits.
Minnesota Teachers Retirement Association is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.