Request for Comments – Disbursal of Restricted Surplus
The Board of the Teachers' Retirement Allowances Fund is requesting comments regarding the disbursal of the restricted surplus that has accumulated in the Pension Adjustment Account over the past 10 years.
The amount of restricted surplus is $27,987,000. As described in the Request for Comments, the Board has received a joint recommendation from The Manitoba Teachers' Society and the Retired Teachers' Association of Manitoba; however, prior to making a final decision, the Board is seeking input from individual members and other interested stakeholders regarding the disbursal of the restricted surplus.
Please note that comments may be submitted until 5:00 p.m. on Wednesday, May 31, 2017.
2016 Benefits Statements are now posted. To view, register or login to Online Services.
2016 T4A's will be mailed in early February. If you are a registered member, you can find your electronic T4A in TRAF's secure Online Services.
Manitoba Blue Cross Members Who Retired Before January 1, 2010
The Manitoba Public School Employee (MPSE) Trust and Manitoba Blue Cross have agreed that, as of October 2016, your monthly retiree health insurance benefits premiums
Attention Deferred Members!
Even if you are no longer an active TRAF member, it is important to receive notifications that may affect your TRAF pension.
Once you are no longer contributing to TRAF you should update changes to your address through Online Services, notify TRAF if your marital status changes, and know when you are eligible to receive your pension and contact TRAF three months in advance in order to collect your pension on time.
The July 1, 2017, cost of living adjustment (COLA) is 1%. The Consumer Price Index for Canada increased by 1.61% during 2015 (December over December).
2015 Annual Report
Rules Affecting Members Who Left Teaching Before May 31, 2010
If you accumulated three to nine years of qualifying service and do not intend to return to the Manitoba public school system, you are now eligible to receive your TRAF pension at a reduced amount as early as age 55, rather than waiting until age 65 as required under previous rules.