We call on all involved parties – Governor Walz, the Minnesota Legislature, Education Minnesota leadership, Teachers Retirement Association (TRA) Board, and the SPTRFA Board – to contribute to the creation of a law allowing all TRA and SPTRFA members access to the Rule of 90, based on the following facts:

• The state currently has a budget surplus of over $9 billion, and the retirement fund had an investment return of over 30% in FY21. Now is the time to move forward.
• The rights of post-July 1, 1989 hires were sacrificed when financial times were tough. Restoring those rights should be a top priority now that times are relatively good.
• Teachers who have taught 30+ years deserve to be able to retire without a reduction in benefits, especially after having taught through a pandemic.
• The Rule of 90 would serve as a recruitment and retention tool, increasing and diversifying the pool of future teachers.

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