Minnesota TRA executive director to retire

Laurie Hacking, executive director of Teachers Retirement Association of Minnesota, has announced that she will retire at the end of 2017.

Hacking joined TRA in March 2006, serving as the executive director of the teacher pension system for over 11 years. TRA is a $20 billion fund serving nearly 190,000 active, retired or deferred Minnesota public educators.

“It has been an honor to serve the teachers of Minnesota, helping them achieve economic security in retirement and helping to support the state’s education system in the recruitment and retention of experienced, quality teachers,” said Hacking.

Prior to joining TRA, Hacking spent six years as executive director of the Ohio Public Employees Retirement System. Hacking also was executive director of the Minnesota Public Employees Retirement Association for six years. Prior to that, she worked on Social Security issues in Washington, D.C., for AARP and the late Sen. Daniel Patrick Moynihan. Hacking has also served as president of the National Association of State Retirement Administrators and chaired the board of directors of the National Institute on Retirement Security.

“I have been very fortunate to work with an excellent, dedicated Board of Trustees and an amazing staff that works very hard every day to provide exceptional services to our members and ensure the financial integrity of the fund,” said Hacking.