Retirement

The IFO has secured two retirement options for faculty to choose depending on their unique circumstances. IFO representatives worked with legislators to have faculty included in a defined-benefit plan under the Teachers Retirement Association (TRA) or the option of choosing a defined-contribution plan called the Individual Retirement Account Plan (IRAP). IFO staff work hard with retirement plan administrators and the legislature to ensure the plans are always meeting the best interests of faculty. IFO staff also conduct campus workshops and individual counseling sessions to help faculty make informed decisions on which retirement programs best fit their needs.

Without a strong union, you will lose the ability to protect your retirement benefits.

Contact ifo@mnstate.edu to get in touch with the IFO retirement expert.