Minnesota · Free tool
Minnesota TRA Retirement Calculator
The Minnesota Teachers Retirement Association (TRA) calculates a pension as 1.9% multiplied by your high-five average salary multiplied by your years of service, adjusted for your retirement age. Enter your numbers below for an estimate.
Enter your numbers. The percentage is pre-filled with the 1.9% TRA multiplier that fits most current members; adjust it for your tier.
TRA uses a 1.9% multiplier on your high-five average salary (the average of your five highest consecutive years) for members first hired after June 30, 2006. Tier 1 members use a stepped 1.7%/1.9% formula. Early retirement before your normal retirement age reduces the benefit. Confirm with Minnesota TRA.
Your estimated Minnesota TRA pension
Updates as you type.
Educational estimate only, not financial advice. Uses a simplified Minnesota TRA formula and your inputs; your real benefit varies by tier, service, age, and salary rules.
How the Minnesota TRA formula works
For members first hired after June 30, 2006, TRA uses a 1.9% multiplier on your high-five average salary, the average of your five highest consecutive years. Tier 1 members, hired earlier, use a stepped formula that applies 1.7% to early service and 1.9% to later service. Your normal retirement age is tied to your Social Security normal retirement age (66 for most), and an early-retirement reduction applies if you draw your benefit before then. Tier 1 members may also qualify under the Rule of 90.
Because the multiplier and the age reduction both matter, your timing has a real effect on the result. This calculator uses a single percentage and no age reduction, so treat it as an unreduced ceiling and confirm your figure with TRA. Minnesota teachers also pay into Social Security. Use the full Teacher Retirement Calculator to combine your pension with your 403(b)/457(b) and Social Security, or read what the WEP and GPO repeal means for teachers.
Questions
How is a Minnesota TRA pension calculated?
TRA multiplies a 1.9% multiplier by your high-five average salary by your years of service. For example, 30 years at a $70,000 high-five average is 1.9% × $70,000 × 30 = $39,900 per year before any early-retirement reduction.
What is the high-five average salary?
It is the average of your five highest consecutive years of salary, and it is the base that the TRA formula multiplies by your multiplier and years of service.
Do Minnesota teachers get Social Security?
Yes. Minnesota teachers participate in Social Security, so most receive a TRA benefit plus a Social Security benefit. Adding any 403(b) or 457(b) savings completes the picture.