IFO workshops for faculty nearing retirement

On Sept. 6 & 7, Russ Stanton of the Inter Faculty Organization will be putting on workshops at Moorhead State University for both new faculty and faculty members who are contemplating retirement within the next five years. In addition, he will meet for 1/2 hour with individual faculty members to discuss their particular retirement concerns.

Important notice for new faculty

(and faculty members who just achieved tenure) According to law, all new faculty members have one year from the time they begin employment to choose between the Individual Retirement Account Plan (IRAP) and the Teachers Retirement Association (TRA) as their basic pension plan. If you don’t choose a plan, you will default into the IRAP plan.  As a result of […]