{"id":4575,"date":"2021-02-19T15:47:34","date_gmt":"2021-02-19T21:47:34","guid":{"rendered":"http:\/\/ndsbmcp.org\/?page_id=4575"},"modified":"2021-02-19T16:11:56","modified_gmt":"2021-02-19T22:11:56","slug":"teachers-fund-for-retirement","status":"publish","type":"page","link":"https:\/\/www.ndsbmcp.org\/index.php\/teachers-fund-for-retirement\/","title":{"rendered":"Teacher’s Fund for Retirement"},"content":{"rendered":"

TFFR Background<\/strong><\/span><\/h3>\n

The Teachers’ Fund for Retirement (TFFR) was established in 1913 to provide retirement income to North Dakota public school educators. TFFR is a qualified defined benefit public pension plan covered under\u00a0Section 401(a)<\/strong><\/span><\/a>\u00a0of the Internal Revenue Code. The North Dakota Century Code (NDCC)\u00a0Chapter 15-39-1<\/strong><\/span><\/a>\u00a0contains the statutory language governing the Fund and is supplemented by\u00a0Title 82<\/strong><\/span><\/a>\u00a0of the North Dakota Administrative Code.<\/span><\/p>\n

Responsibility for administration of the TFFR benefits program is assigned to a seven-member Board of Trustees (Board).\u00a0The TFFR benefits program is administered by the staff of the Retirement and Investment Office (RIO).<\/span><\/p>\n

TFFR\u00a0funds are invested under the direction of the State Investment Board (SIB) following the ‘Prudent Investor Rule.’ The investments must be invested exclusively for the benefit of the TFFR members. Three TFFR Board members serve as voting members on the SIB.<\/span><\/p>\n

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Resources<\/strong><\/span><\/h3>\n

TFFR employers play a vital role in the successful operation of the retirement program for ND educators. TFFR offers a variety of materials to assist districts in timely and accurate employer reporting of member salaries, contributions and service hours. Please use the\u00a0Employer Guide<\/em>\u00a0as reference tool and the\u00a0Basic Reporting Webcast<\/em>\u00a0may also be helpful for business managers.<\/span><\/p>\n

TFFR Employers Webpage<\/strong><\/span><\/a><\/span><\/p>\n

TFFR Employer Guide<\/strong><\/span><\/a><\/span><\/p>\n

Basic Reporting Webcast<\/strong><\/span><\/a><\/span><\/p>\n

Retirement 101 TFFR Basics\u00a0 Presentation 2020<\/strong><\/span><\/a><\/span><\/p>\n

New Business Manager Workshop Presentation 2021<\/strong><\/span><\/a><\/span><\/p>\n

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TFFR Quiz<\/strong><\/span><\/h3>\n

This quiz should be taken after viewing the TFFR resources. The quiz is worth one-half credit. Your score will be recorded online.\u00a0 No proctor form is required.<\/span><\/p>\n

Students may take this quiz and receive credit once a year.<\/span><\/p>\n

TFFR Quiz<\/strong><\/span><\/a><\/span><\/p>\n

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Training<\/span><\/strong><\/h3>\n

The TFFR staff offers many services in an effort to keep you informed about your retirement program. TFFR offers Retirement Education Workshops in the summer and Group Benefits Counseling sessions in the fall. Retirement 101 and Teachers in Transition (for those schools that are closing) presentations can be offered as requested. Please view\u00a0Upcoming Events <\/em>at\u00a0https:\/\/www.rio.nd.gov\/<\/strong><\/span><\/a>\u00a0for scheduled\u00a0programs.\u00a0 <\/span><\/p>\n

Student can receive 1\/2 credit for\u00a0participating in a Teachers\u2019 Fund for Retirement Workshops.\u00a0 The workshops are free to attendees.\u00a0 Complete the\u00a0Affiliate\/Continuing Education Credit Form<\/strong><\/span><\/span><\/a>\u00a0and submit to me\u00a0at\u00a0rebecca.duben@ndsba.org<\/strong><\/span><\/a>\u00a0to receive credit.\u00a0\u00a0<\/span><\/p>\n

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Questions<\/strong><\/span><\/h3>\n

Questions about TFFR benefits? Email: Denise Weeks at dcweeks@nd.gov<\/strong><\/span><\/a><\/span><\/p>\n

Questions about the quiz? Email: rebecca.duben@ndsba.org<\/strong><\/span><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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