The success of any journey depends on preparation: a plan that's focused and mapped out in advance with provisions and navigational tools to keep you on pace.

If you were to retire tomorrow, what would you want to do? How and where would you like to live? How much income would you need to maintain your standard of living?

The amount of retirement income you need, of course, is a personal thing. There is no "magic" amount that is right for everyone.

We all try to plan for the future and look forward to a time when we can retire with a comfortable retirement income. You may wish to consult with a financial planner regarding your progress in meeting your retirement income goals.

Pension Plans

Teachers Retirement Association (TRA)
TRA Staff Available for New Teachers
Public Employees Retirement Association (PERA)
Pension Video
Brochure: Pension basics for new teachers

Voluntary Retirement Savings Plans

Approved Vendors

403(b) MetLife
MetLife Website
MetLife Plan Booklet
MetLife Self-Directed Brokerage Account Option
Guide to a 403(b) program

MetLife 403(b) forms

MetLife Enrollment Form
Contribution Change Form
Beneficiary Change Form
MetLife Incoming Contract Exchange/Direct Rollover
In-Service Withdrawal Form
Loan Application
Hardship Withdrawal Application
Separation from Service Withdrawal Form

457 Minnesota State Deferred Compensation

MSRS Website

MNDCP Plan Booklet
Retirement Guide
Roth Contribution Information

457 forms

MNDCP Quick Enrollment Form
MNDCP Change Deferral Form
How to Change Your Contribution
Beneficiary Change Form
Incoming Rollover Form

Additional Information

403(b) & 457 Comparison Plans

Advanced Capital Group

Previous vendor list

Retiree Severance Special Pay and HRA/Post-Employment Health Care Accounts