Bill
SF 4410
SF 4410 modifies St. Paul teacher pension eligibility definitions and requires the retirement fund to refund employee contributions under specified conditions.
SF 4410 modifies how the St. Paul Teachers Retirement Fund Association (SPTRFA) defines "teacher" for pension eligibility purposes and establishes requirements for refunding employee contributions under certain circumstances. The bill adjusts who qualifies for pension benefits and specifies conditions under which workers can recover their retirement fund contributions.
Pension eligibility definitions directly affect which education workers receive retirement benefits and how much they receive, impacting both individual financial security and the long-term fiscal health of the SPTRFA. Contribution refund provisions determine whether workers who don't achieve pension eligibility can recover their own money, affecting career transition costs for educators and staff who leave the system.
Compiled from official sources — confirm details with the bill’s official record.
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