ANNUAL REPORTS
Managing for sustainability
TRA produces several reports each year that lend insight into the financial health of the fund. The Comprehensive Annual Financial Report (CAFR) reflects each year’s final financial results, while actuarial valuations include data projections that are forward-looking and take member demographics, investment forecasts and workforce trends into account.
Comprehensive Annual Financial Report (CAFR)
Budget Documents
Fiscal Year 2020-21 TRA Agency Profile
Fiscal Year 2018-19 TRA Agency Profile
Fiscal Year 2016-17 TRA Agency Profile
External Audit Reports (Office of Legislative Auditor)
Fiscal Year Ended June 30, 2019
Fiscal Year Ended June 30, 2018
Fiscal Year Ended June 30, 2017
Actuarial Reports
2020 Actuarial Valuation Funding Report
2019 Actuarial Valuation Funding Report
2018 Actuarial Valuation Funding Report
2017 Actuarial Valuation Funding Report
2017 Experience Study of Economic Assumptions
TRA Experience Study 2019 (2014-2018)
GASB Reports
2020 TRA GASB 67 report for accounting purposes
2019 TRA GASB 67/68 report for accounting purposes
2018 TRA GASB 67/68 report for accounting purposes
2017 TRA GASB 67/68 report for accounting purposes
2016 TRA GASB 67/68 report for accounting purposes
2015 TRA GASB 67/68 report for accounting purposes
Other Reports/Studies
Minnesota Teacher Fund Consolidation Study (December 2013)
Retirement Plan Design Study (June 2011)
Minnesota Department of Education report: Teacher Supply and Demand (2019)