Hired Before 1997

Retirement Letter
To be eligible for the first Retirement incentive payment on May 31st, the teacher must give written notice to the Superintendent of retirement from the district by February 1st and retire by June 30 of the same calendar year.

Retirement Incentive

Completed 20 years of full-time service: Teachers hired on or before July 1, 1997, who have completed twenty (20) years of full-time consecutive professional service in the teacher bargaining unit of ISD No. 199, qualify for TRA annuity payments.

Completed 25 years of at least 0.5 FTE years of service: Teachers with less than full-time service who have completed twenty-five (25) years of service, worked as a teacher at least .5 FTE for each of the years, qualify for TRA annuity payments shall be eligible for the retirement incentive on a pro-rata basis.

Benefit Defined: Teachers shall accumulate five (5) days of credit for each full year of actual teaching in the district up until June 30th following their fifty-fifth (55th) birthday. Teachers with qualifying part-time service as set forth in Section 2 shall be eligible for a pro-rata benefit based upon their years of service at .5 FTE or greater.

A full-time teacher's daily rate of pay shall be the daily rate for the school year in which the teacher qualifies for the benefit.  In no event shall the daily rate of pay exceed the daily rate of pay on June 30th following the teachers' fifty-fifth (55th) birthday. The daily rate shall not include any additional compensation for extra-curricular activities, extended employment or other extra compensation. However, longevity amounts, whichever are applicable, are to be included in any Retirement incentive calculation.

*Employees hired before July 1, 1997, shall have a one-time irrevocable option to switch from the above plan to the 403(b) plan with notice to the District on or before June 30th, 2008. Please, see the Hired After 1997 retirement page for more details on the 403(b) retirement plan.


Post-Retirement Health Benefit

Upon retiring, teachers shall receive payment of funds to be deposited in trust into a Health Care Savings Plan with the Minnesota State Retirement System equal to 91% of BA, Step 1 on the salary schedule. 

Completed 20 years of full-time service: A teacher must meet all of the following standards to be eligible for the benefits described in this Article. A teacher must have completed twenty (20) years of full-time consecutive years of professional service in the teacher bargaining unit of ISD No. 199 and qualify for TRA annuity payments to receive the payment of the full benefit.

Completed 25 years of at least 0.5 FTE years of service: A teacher with less than full-time service must have completed twenty-five (25) years of professional service, qualify for TRA annuity payments, and worked as a teacher at least .5 FTE for each year to receive the payment of a pro-rated benefit based on the years of service at .5 FTE or greater.

To be eligible for receipt of the Post-Retirement Health Benefit on August 15, a teacher must give written notice to the Superintendent of intention to retire from the School District by February 1 and retire by June 30 of the same calendar year.


Severance Package (Sick Leave)
Teachers shall be compensated for unused accumulated sick leave, herein called severance.

Eligibility: To collect severance compensation under this article, a teacher must meet the following conditions: Retirement and Age: A teacher must be at least fifty (50) years of age, must have at least twenty (20) years of service in the district and must be retiring from employment in the district. 

To be eligible for severance pay at the end of the school year, a teacher must give written notice to the district of intention to elect retirement by the February 1st immediately prior to the retirement date.

Payment: Severance compensation shall be determined as follows:
A) For days 1 through 100 of unused accumulated sick leave, the teacher shall be compensated at a rate of $75.00 per day.
B) For days 101 through 170 of unused accumulated sick leave, the teacher shall be compensated at a rate of $80.00 per day.

Compensation shall be made in a payment to the employee's 403(b) account on the October 15th following retirement. 

Personal Leave
Teachers retiring may sell back the maximum accumulation of personal leave allowable at the rate of $200.00 per day. Payment is to be made after the close of the school year in which the said teacher has retired.


Account and Email Access
Access to email and skyward will end January following the teacher's retirement. 


Retirement Estimate 
Please contact Human Resources if you wish to have a retirement estimate  completed for you.


Teachers Retirement Association 
For more information and to register for an account please visit the TRA website