Teacher Retirement Fund
MSD pays the mandatory 3% employer share of the employee’s gross pay. For teachers hired after 7/1/95 MSD also picks up the employee’s share of 7.5%. (The state picks up the employee share for teachers employed prior to 7/1/95). TRF offers options for investments and additional deductions by the employee. Here is an overview of TRF. For information go to TRF.