SPTRFA administers pension and other benefits for certificated employees of the St. Paul school district and employees of the retirement fund association.
St. Paul Teachers' Retirement Fund Association Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| St. Paul Teachers |
1,216.8 |
10,377 |
| Other Plans |
0 |
0 |
| Total |
1,216.8 |
10,377 |
Source: Public Plans Database (as of 2023)
Note: St. Paul Teachers' Retirement Fund Association has 0 other plans.
Assets
Assets at Year-End
St. Paul Teachers' Retirement Fund Association
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
0.8 |
| 2002 |
0.8 |
| 2003 |
0.8 |
| 2004 |
0.9 |
| 2005 |
0.9 |
| 2006 |
1.0 |
| 2007 |
1.2 |
| 2008 |
1.0 |
| 2009 |
0.8 |
| 2010 |
0.8 |
| 2011 |
1.0 |
| 2012 |
0.9 |
| 2013 |
0.9 |
| 2014 |
1.0 |
| 2015 |
1.0 |
| 2016 |
1.0 |
| 2017 |
1.0 |
| 2018 |
1.1 |
| 2019 |
1.1 |
| 2020 |
1.0 |
| 2021 |
1.3 |
| 2022 |
1.2 |
| 2023 |
1.2 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
St. Paul Teachers' Retirement Fund Association |
US State and Local Pensions |
| 2001 |
2.3 |
2.4 |
| 2002 |
2.0 |
2.3 |
| 2003 |
1.9 |
2.2 |
| 2004 |
1.9 |
2.1 |
| 2005 |
1.7 |
2.1 |
| 2006 |
1.6 |
2.0 |
| 2007 |
1.4 |
2.0 |
| 2008 |
1.4 |
1.9 |
| 2009 |
1.3 |
1.9 |
| 2010 |
1.2 |
1.8 |
| 2011 |
1.1 |
1.7 |
| 2012 |
1.2 |
1.6 |
| 2013 |
1.2 |
1.5 |
| 2014 |
1.1 |
1.4 |
| 2015 |
0.9 |
1.4 |
| 2016 |
0.9 |
1.4 |
| 2017 |
0.9 |
1.4 |
| 2018 |
0.9 |
1.3 |
| 2019 |
0.8 |
1.3 |
| 2020 |
0.8 |
1.3 |
| 2021 |
0.8 |
1.2 |
| 2022 |
0.8 |
1.2 |
| 2023 |
0.8 |
1.2 |
2023 Membership for St. Paul Teachers' Retirement Fund Association
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 3,360 |
4,406 |
2,611 |
10,377 |
2 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
St. Paul Teachers' Retirement Fund Association
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-17.9 |
824.2 |
| 2002 |
-21.2 |
768.9 |
| 2003 |
-27.2 |
757.6 |
| 2004 |
-31.3 |
871.9 |
| 2005 |
-36.7 |
934.7 |
| 2006 |
-42.7 |
1,005.7 |
| 2007 |
-47.4 |
1,156.0 |
| 2008 |
-52.6 |
1,023.6 |
| 2009 |
-54.9 |
773.3 |
| 2010 |
-58.0 |
815.3 |
| 2011 |
-60.1 |
950.1 |
| 2012 |
-64.2 |
881.9 |
| 2013 |
-63.6 |
933.1 |
| 2014 |
-55.8 |
1,045.4 |
| 2015 |
-56.2 |
1,015.0 |
| 2016 |
-56.8 |
959.7 |
| 2017 |
-56.1 |
1,032.2 |
| 2018 |
-57.6 |
1,070.6 |
| 2019 |
-50.2 |
1,080.5 |
| 2020 |
-48.7 |
1,037.6 |
| 2021 |
-47.8 |
1,295.1 |
| 2022 |
-44.6 |
1,154.4 |
| 2023 |
-48.0 |
1,216.8 |
2023 Cash Flows for St. Paul Teachers' Retirement Fund Association (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 77.1 |
125.1 |
110.3 |
62.3 |
Cash Flow as a Percentage of Assets
St. Paul Teachers' Retirement Fund Association
2001-2023
| Fiscal Year |
St. Paul Teachers' Retirement Fund Association |
National Average |
| 2001 |
-2.2 |
-2.1 |
| 2002 |
-2.8 |
-2.0 |
| 2003 |
-3.6 |
-2.5 |
| 2004 |
-3.6 |
-2.0 |
| 2005 |
-3.9 |
-2.2 |
| 2006 |
-4.2 |
-2.2 |
| 2007 |
-4.1 |
-2.1 |
| 2008 |
-5.1 |
-2.3 |
| 2009 |
-7.1 |
-3.1 |
| 2010 |
-7.1 |
-3.2 |
| 2011 |
-6.3 |
-3.1 |
| 2012 |
-7.3 |
-3.3 |
| 2013 |
-6.8 |
-3.1 |
| 2014 |
-5.3 |
-2.9 |
| 2015 |
-5.5 |
-2.8 |
| 2016 |
-5.9 |
-3.0 |
| 2017 |
-5.4 |
-2.9 |
| 2018 |
-5.4 |
-2.6 |
| 2019 |
-4.6 |
-2.6 |
| 2020 |
-4.7 |
-2.4 |
| 2021 |
-3.7 |
-2.1 |
| 2022 |
-3.9 |
-2.1 |
| 2023 |
-3.9 |
-2.1 |
