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Minnesota / Teachers Retirement Associate

Agency file

Teachers Retirement Associate

Source file: Minnesota — State Employee Payroll / ingested Jun 18, 2026

The Teachers Retirement Associate administers public education — funding, academic standards, and the operation of schools.

In 2025, this agency had 104 employees with median total compensation of $86,462; the highest distinct record was $194,630.

Year
2025
Total payroll
$9.1M
Employees
104
Median total
$86,462
Highest record
$194,630

What the records show

Compensation analytics

These summaries compare pay within the agency before listing individual records.

Salary distribution

How 2025 total compensation is spread across the 104 employees. Each bar is a pay range; taller bars mean more people earn in that range. The amber line marks the median ($86,462) — half earn less, half more. The far-right bar collects the highest earners.

Average pay composition

  • Base$86,622 (99%)
  • Overtime$128 (0%)
  • Other$1,175 (1%)
  • Benefits$0 (0%)

What an average paycheck here is made of — base salary versus overtime, other pay (bonuses, allowances), and benefits. A large overtime or other-pay share means take-home often exceeds base salary.

Pay percentiles

10th
25th
Median
75th
90th
$43,298
$65,150
$86,462
$112,777
$139,759

The pay ladder for this department. Someone at the 90th percentile earns $139,759 — more than 90% of the department; the 10th percentile earns $43,298. The shaded band is the middle half of employees (25th–75th percentile).

Largest job titles

The most common job titles in this department by headcount, with the median total compensation for each. Click a title to see everyone who holds it.

Trend

Year over year

How this department's total payroll, headcount, and median pay changed across the 2 published years.

YearTotal payrollEmployeesMedian pay
2024
$8.3M
96
$83,429
2025
$9.1M
10.5%
104
8.3%
$86,462
3.6%

Compare

Similar departments

Departments elsewhere with the most similar mix of roles — a proxy for the same kind of agency, matched by workforce composition rather than name. Pay is not cost-of-living adjusted.

Record list

Employees

Page 1

Chad Borsheim

Systems Supervisor/Teachers Retirement Associate

2025 total comp
$150,206
Sub-department
Information Services
Base pay
$148,606
Overtime
$0
Other pay
$1,600
Benefits
$0
Total compensation
$150,206
Hire date
2001-02-14
Employment type
Full-Time
Pay grade
23
Union / bargaining unit
Middle Management Association
Pay basis
Hourly
Full-time equivalent (FTE)
1
Work county
Ramsey

Source-specific fields

Active on June 30, 2025
Yes
Agency Number
G69
Bargaining Unit Number
216
Branch
Other
Branch Code
Other
Classified Code
Classified
Classified Status
Classified
Compensation Frequency Code
Hourly

Chad Borsheim is a Systems Supervisor at Teachers Retirement Associate within Information Services. Their tenure dates to 2001, about 24 years, working full-time. 2025 total compensation came to $150,206. Union affiliation: Middle Management Association.

Timothy Maurer

Deputy Director Tra/Teachers Retirement Associate

2024 total comp
$148,917
Sub-department
Teachers Retirement Associatio
Base pay
$148,117
Overtime
$0
Other pay
$800
Benefits
$0
Total compensation
$148,917
Hire date
1996-08-07
Employment type
Full-Time
Pay grade
22
Union / bargaining unit
Manager
Pay basis
Hourly
Full-time equivalent (FTE)
1
Work county
Ramsey

Source-specific fields

Active on June 30, 2024
Yes
Agency Number
G69
Bargaining Unit Number
220
Branch
Other
Branch Code
Other
Classified Code
Unclassified
Classified Status
Unclassified
Compensation Frequency Code
Hourly

Timothy Maurer is a Deputy Director Tra at Teachers Retirement Associate within Teachers Retirement Associatio. They have served since 1996 (about 28 years), working full-time. 2024 total compensation came to $148,917. Their bargaining unit is Manager.

David Anderson

Systems Supervisor/Teachers Retirement Associate

2025 total comp
$148,606
Sub-department
Payroll and Personnel
Base pay
$148,606
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$148,606
Hire date
2003-01-06
Employment type
Full-Time
Pay grade
23
Union / bargaining unit
Middle Management Association
Pay basis
Hourly
Full-time equivalent (FTE)
1
Work county
Ramsey

Source-specific fields

Active on June 30, 2025
Yes
Agency Number
G69
Bargaining Unit Number
216
Branch
Other
Branch Code
Other
Classified Code
Classified
Classified Status
Classified
Compensation Frequency Code
Hourly

David Anderson is a Systems Supervisor at Teachers Retirement Associate within Payroll and Personnel. They have served since 2003 (about 22 years), working full-time. 2025 total compensation came to $148,606. Union affiliation: Middle Management Association.