Legislative Session number- 86

Bill Name: SF0506

Relating to retirement; modifying certain teachers retirement provisions for
members of the teachers retirement association (TRA), the St. Paul teachers
retirement fund association, and the Duluth teachers retirement fund; modifying
certain state aid adjustments; modifying the definition of normal retirement
age; modifying employer and employee contribution rates; providing for the
determination of a contribution sufficiency; providing for contribution rate
revisions; providing for review and requiring a report to the legislative
commission on pensions and retirement; modifying certain computation of formula
program retirement annuity requirements for retirement benefits
(je)