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North Dakota Teachers’ Fund for Retirement Earns National Recognition

By Bill Dubensky Dec 14, 2025 | 7:19 AM

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(KNOX) – The North Dakota Teachers’ Fund for Retirement (TFFR) has been recognized with the 2025 Public Pension Standards Award for Funding and Administration.

Overseen by the TFFR Board of Trustees and administered by the Noth Dakota Retirement and Investment Office (RIO), this is the ninth consecutive year that the program has received the award from the Public Pension Coordinating Council (PPCC).

“This consistent recognition by the Public Pension Coordinating Council underscores the strength and reliability of the Teachers’ Fund for Retirement program,” said Dr. Rob Lech, board president. “It reflects our commitment to sound plan design, professional oversight, strong investment performance, and exceptional member service.”

To receive the Funding Award, retirement systems must meet stringent criteria, including a 100% funded ratio or contribution rates that meet or exceed actuarially determined contribution levels. TFFR’s current statutory contribution rates (12.75% by employers and 11.75% by members) continue to align with its long-term funding goal, projecting full funding by 2042.

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