236928 ORIGINAL TO CITY CLERK �yl���'�'o.l�
CITY OF ST. PAUL FOENCIL NO.
OFFICE OF THE CITY CLERK
COUNCIL RE OLUTION-GENERAL FORM
PRESENTED BY
COMMISSIONE � DATE __
RESOLVED, That pursuant to the Statutes of the State of
Minnesota in such cases made and provided, the Council of the
City of Saint Paul hereby approves the several amendments to
the By-Laws of Teachers' Retirement Fund Association, said
amendments being attached hereto and marked "Exhibit A" , said
amendments to said By-Laws of said Association having been duly
adopted by the members of said Association on January 18, 1g68,
at the annual meeting of the members o� said Association duly
called and held thereon, as set forth, acknowledged and certified
to said Council under the duly acknowledged and certified state-
ment, in proper certificate form, by Manilla P. Topdahl, as Pre-
sident, and by Lyle T. Farmer, as Secretary of said Teacherst
Retirement Fund Association, hereto attached, hereby incorporated
herein as part and parcel hereof and filed herewith; be it
FUR.THER RESOLVED, That pursuant to the Statutes of the
State of Minnesota in such cases made and provid�d, the Council
of the City of Saint Paul hereby approves the several amendments
to the Articles of Incorporation of the Teachers ' Retirement
Fund Asaoeiation, said amendmen.ts being attached hereto and
ma�ked "Eghhibit B" , said amendments to the Articles of Incorpora-
tion oY "the Teachers' Retirement Fund Association having been
duly_.ado.pt.ed by the memhers af said AssociatiQn at the annua�
meeting of the members of said Association duly called and held
on January 18, 1968.
FO ROV D �
� Asst. Corporation Cou sel
�P�IM � `'a �5���
COUNCILMEN Adopted by the Council 19—
Yeas Nays
Carlson .�1:�'� _ , 1�,�'j�
Dalglish Approved 19____
Holland �
rn FavOr
Meredith
�son
� Mayor
Tedesco AS��t �q��
Pi��ic�en�,-,�.
�"� ��'�
NIr, . . . _.: ._..
PUBLISHE.� �'�� � 1968 �,22
� . , • �
. ' • � 'r .
CERTIFTCATE OF ANIENDN�NT OF BY-LAWS ���,����
OF
TEACHERS' RETIREN�NT FUND A5SOCTATTON
MANILLA P. TOPDAHL, the President, and LYLE T. FAI�tMER, the
Secretary, of Teachers' Retirement Fund Association, a nonprofit
corporation duly organized and existing under and by virtue ,of the lavrs
of the State of Minnesota, having its registered office in the City of
Saint Paul, County of Ramsey, State of Minnesota, do hereby certify;
I.
That the Board of �rustees, acting at a regular meeting held
pursuant to due notice, at three o'clock in the afternoon of the sixth day
of December, 1967, at the office of the Associ«tion at 555 Vlabasha Street
in the City of Saint Pau1, 2��dnnesota, did propose the amendment of the
By-Larrs hereinafter set forth by adopting a resolution set�ing forth the
proposed amendment and directing that it be submitted for adoption at the
annual meeting of the members of the corporation to be held on Thursd�y,
the eigh-�eenth day of January, 1968, at four o'clock p,m. at the iechnic2l
Vocational Institute Auditorium, 235 Marshall Avenue, Saint Pau1, It�innesota,
and that notice thereof be given to each member entitled to vote on the
proposed amendment, and to each officer and trustee regardless of his
voting rights, in the manner prescribed by laws.
II.
That a written notification of the said annual meeting, stating
the time, place, and purpose thereof, properly addressed according to the
last available corporate records, was mailed by the Secret�:ry of the
co;-rooration to each member and trustee of the corporation on the tvrenty-
nir�th day of December, 1967, and that there yras enclosed v�rlth each such
notice a copy of the amendment of the By-Laws proposed by the trustees
and hereinafter set forth.
�II.
That the members of the corporation, acting at tre annual
r.�:eetin; held, pursuant to due notice, as aforesaid, in accordance ��rith
tl:e requirements of the Articles of Incorporation and of the By-Lai�rs,
at four o'clock in the afternoon of Thursd�y, the eighteen�th day of
Jr;nuary, 1°6�, in the Technical Vocational Institute Auditorium,
235 Marshall l�venue, Saint Paul, Minnesota, a quorum of the members
being present in person and by proxy, did approve the proposed amend-
ment by adopting the folloi�ring r�solution by the affirmative vote of a
ma,;ority of the members present in person or by proxy filed with the
Secretary.
Resolution Amending By-Laws
' � of
Teachers' Retirement F�nd Association
RESOLVED, That the By-Iaws of Teachers' Retirement Flznd Asso-
ciation be amended, effective February 1, 196g, in the £ollov�ing respects,
to vrit:
I.
That Article TV, Section 1, which now reads:
. "Section 1. Membership.
"Every person employed as a teacher in the St. Paul
public schools or i^�ho, having been so employed, is assigned to
ax�,y �eneral, duty rr�tY�zn th� instructional service of the City,
shall by the fac� of auch employment b�come a member of this
Association and shall be subject to the provisions of the
Articles of Incorporation and these By-Lav�s."
be ar.:ended so as to read:
"Section 1. N�mbership.
"Every person �vho is a meMber of this Association by
virtue of the Articles of Incorporation shall be subject to
these Ey-Lav�s."
2.
II.
That Article N, Section 2, Paragraph 2(a)(4) which now reads:
"(4) Not more than 5 years of service in the armed forces
of the United States of America during World War T, World War II,
and the Korean conflict between June 27, 1950, and July 27, 1953, as
evidenced by.a certified copy of the member's discharge papers, if
such military service was performed between periods of teaching
service in the St. Pau1 public schools.t'
be amended so as to read;
" �4) All military service, as established by evidence
satisfactory to the Board, if such service was per£ormed between
periods of teaching service in the St. Paul public schools, excluding
ar�y voluntary extension of such service at the instance of the
member beyond the 3.nitial period of enlistment, induction, or call
to active duty."
III.
That Article N, Section 2, Paragraph 2(d)(2) which now reads:
� "(2) for previous St. Paul service six per cent of the
salary received; and" � , �
be amended so as to read;
• "(2) for previous St. Paul service performed before July 1,
196'7, six per cent of the salary received, and for previous St. Paul
service performed after June 30, 1967, seven per cent of the salary
received, subject in either case, to the maximum provided in
Paragraph 1 of this section; and" .
IV.
• `�i ��i ���:�1� IV� ��Q�i���1 �'.� I�B.�'r����lh ���j��� Y►°��,C��! �99�t 3'�a6���
"(3) for military service and governmental service six per
cent of the salary that would have been received for such service if
the member had been paid there�for at the rate of the basic salary he
received for the St. Paul service immediately preceding such service,
subject, however; to the maximum provided in Paragraph 1 of this
section."
be amended so as to read:
" (3) for military service and governmental service per-
formed before July 1, 1967, six per cent, and for milii;ary service
and goverrunental service performed after June 30, 1967, seven per cent,
of the salary that would have been received for such service if the
member had been paid therefor at the rate of the basic salary he
received for the St. Paul service immediately preceding such service,
subject, in either case, to the maximum provided in Paragraph 1 of this
section."
� 3 •
V.
That Article N, Section 3, Paragraph 1, which now reads:
"Paragraph 1. Type of Benefits. 1v�mbers shall be eligible
for benefits as follows:
(a) I�ngth of service pension, payable to member.s who have
retired after completing at least twenty-five years of accredited
service and S9h0 have attained the age of fifty-five years.
(b) Limited service pension, payable to members who �re com-
pelled by law to retire upon the attainment of a specified Fige after
completing at least ten years of accredited St. Paul service and
accredited previous St. Paul service but less than twenty-five years
of accredited service. Not more than five years of outside service
m�y. be accredited toward a limited service pension.
(c) Disability pension, payable to members who have become
totally• and permanently disabled to perform teaching service after
completing at least five years of accredited St. Paul service. Not
more than five, years of outside service may be accredited tov�ard a
disability pension.
(d) Dependent children's benefit, payable on account of
dependent children of inembers who �have died without becoming eligible
for any pension after the satisfactory completion of three years of
accredited St. Paul service. .
(e) Survivor's benefit, payable•in appropriate cases to a
deceased member's surviving spouse, dependent parent, or dependent �
sibling.
(f) Cash refund of dues paid to the Association after December 31,
1939, payable in appropriate cases to members who withdraw from ser- �
vice for any reason without becoming eligible for a�y pension, to �
the beneficiaries, and to the estates of deceased members."
be amended so as to read:
"Paragraph l. 1`y� of Benefits. Members shall be eligible
for benefits as follows :
(a) Length of service pension, payable to members who have
��t�r�� �ft�� c�m���ta�� �� 1���� tw���y��'�u� �e€��� of �����d�.��d
service anc� who have �ttain�cl the age of fi�`t�t-fi�v� y��rs.
(b) Limited service pension, payable to members who are com-
pelled by law to retire upon the attainment of a specified age after
completing at least ten years of accredited St. Paul service and
accredited previous St. Paul service but less than twenty-five years
of accredited service. Not more than five years of outside service
ma,y be accredited toward a limited service pension.
(c) Disability pension, payable to members �vho have become
totally and permanently disabled to perform teaching service after
completing at least five years of accredited St. Paul service. Not
more than five years of outside service may be accredited to;vard a '
disability pension.
(d) Deferred pension, payable to members whose employment is
terminated, voluntarily or involuntarily, for a reason other than
retirement, disability, or death, after completion of ten years of
accredited St. P�:��1 service and aceredited previous St. Paul service.
4.
(e) I�ependent children's benefit, payable on accoUnt of
dependent children of inembers who have died without becoming
eligible for �r�y pension after the satisfactory completion o£ three
years of accredited St. Paul service,
(f) Survivor's benefit, payable in appropriate cases to a
deceased member's survi�ing spouse, dependent parent, or dependent
sibling.
(g) Cash refund of dues paid to the A,sociation after
I�cember 31, 1939, payable in appropriate cases to mernbers who
withdraw from service for ar�y reason without becoming eligible for
ar�y pension, to the beneficiaries, and to the estates of deceased
members."
� VI.
That Article N, Section 3, Paragraph 2, be amended by adding
thereto a new subparagraph reading as follows:
"(e) Applicationsfor deferred pension shall be filed at
least thirty days before the date upon which the applicant will
attain the age of sixty-five years. It shall be the duty of the
Secretary to present such applicat3ons, together with all per-
tinent information and records, to the Board in sufficient time
so that pensions may begin for the first full calendar month fol-
lo�rring the month in whieh the applicant attains the age of sixty-
five years. Tn the case of failure on the part of the member to
make app2ication within the .time herein speci£ied, the pension �
shall begin as of the first full calendar month beginning not less
than thirty days after receipt of the application."
VII.
That Article N, Section 3, Paragraph 3, which now reads:
"Paragraph 3. Involuntary Severance. In case of involun-
tary severance of a member from service by action of the City, if
��iP ����af7�a� '�� '��f:��E��.;� ��� ,C3��8�.��1) �� �3�€.�1.� ff�� ��1�'r ��l� ���'�?�e±� t`��
one v��ho has voluntarily retired, and shall apply within �0 da}rs of
such severance for a pension. If the member is not eligible for
pension, he shall be entitled to cash refund to the same extent and
under the same conditions as one voluntarily withdrawing from service."
be amended so as to read: �
"Paragraph 3. Deferred Pensions. The annual amount of
the pension payable to a member entitled to a deferred pension
shall equal one and one-half per cent of his average salary, as
hereinafter defined, for each year of his aceredited service."
� VIII.
That the third and fourth paragraphs of Article IV, Section 3,
Paragraph 10, which r.ow read:
5.
, � , ' '
"For the purpose of this paragraph a member'� survivor
is his surviving dependent spouse to whom he h�s been le�ally ms�rried
for three ye�rs at the time of hi� death or retiremenf; (r3s the cace
mz,y be); but if there be none, then his older survivir�� d�penden�t
p.�rent; bu-t if there be none, then his oldest survivirig dependent
sibling. By a wri-tten designation filed tivith the Board at or before
the time of his retirement, a member shall designate ar�y one of the
fore�oing persons as his survivor, in which case the person so
desi�nated shall become entitled to the survivor's benefit only if
surviving at the death of the member, and none of the others of the
foregoing persons shall be entitled to any benefit under this section.
"For the purpose of this para�raph a member's spouse,
parent, or siblin�; shall qualify as a dependent only if the men�ber
would have been entitled to claim him as ;n exemption upon his
federal income tax return covering the last full year of the r.^,emberts
life. Ar�y person claiming a survivor's benefit under this paragrapn
shall furnish proof of marriage or of dependency satisfactory to the
Board. Payr►ent of this benefit shall cease if the recipient ceases
to be actually dependent upon it." .
.
be amended respectively so as to read:
"For.the purpose o£ this paragraph a member's survivor is
his surviving spouse to v�hom he has been legally married for three
years at the time of his death or retirement (as the case may be);
' but if trere be none, then his older surviving dependent parent;
but if there be none, then his oldest surviving dependent sibling.
By a written designation filed with the Board at or before the time
of his retirement, a member shall designate any one of the foregoing
persons as his survivor, in which case the person so designated
shall become entitled to the survivor's benefit only if surviving
at the death of the member, and none of the other of the foregoing
persons shall be entitled to any benefit under this section.
"For the purpose of this paragraph, a member's parent or
sibling shall qualify as a dependent only if the member would have
been entitled to claim him as a dependent upon his federal income
tax return covering the last full year of the member's life. Any
person claiming a survivor'G rPnefit under this paragraph shall
furnish proof of marriage or of dependency satisfactory to the
Board."
IX.
That Article IV, Section �, Paragraph 1, which now reads:
"Paragraph 1. Service Pensions. (a) If a retired mer.ber
receiving either a length of service pension or a limited service �
pension (or a reversionary pension in lieu thereof) resume errploy-
� ment in ar�y capacity by the City of St. Paul, p�yment of his pension
shall be suspended for the duration of such re-emploS�ment, and shall
be resumed. at the same rate at the termination of the re-employm�ent.
6 .
If a deceased retired member's beneficiary, other�rise entitled to
receive a reversionary pension, be errmloyed in ar�y capacity by tne
City of St. Paul, p�yment of his pension shall be su�pended for the
duration of such employment, and shall be commenced or re�umed �^rith-
out chan�;e in rate at the termination of the employment. Any amount
of pension ovring to the member or to the beneficiary for a portion
of the month in `vhich the re-employment or the employr,�ent occurred,
shall be pZy�ble durir� the first ten d�ys of the calendar month
next following that in which tt�e re-employment or the employment
occurred. No pension credit shall be grar�ted for any teaching service
performed during such re-eirployment or employment.
(b) Every retired member who is so re-employed by the
City of Saint Pau1 and every beneficiary o�herwise entitled to receive
a reversionary pension v�ho is so employed by the City of St. Paul
shall report such re-employment or employment to the Secretary within
thirty d�ys of the beginning thereof; provided, however, that any such
beneficiary who is so employed by the City of St. Paul at the time
he becomes other��ise entitled to the pension shall report such employ-
ment within thirty days of the date upon which he became other�rise
entitled to receive the pension. Ar�y such member or beneficiary
failing to report may be penalized by a majority vote of the Board
by forfeiture of pension for a period of time equal to twice the
period of such unreported re-employment or employment."
be amended so as to read:
"Paragraph 1. Service and Deferred Pensions. (a) If a
retired member receiving either a length of service pension or a
limited service pension {or a reversionary pension in lieu thereof)
or a deferred pension resume employment in any capacity by the City
of Saint Paul or by the independent school district in: the City of
Saint Paul, and if such re-employment shall continue for a period
exceeding sixty days in any school yeax, then the p�yment of his
pension shall be suspended for the remainder of such re-employment, '
and shall be resumed at the same rate at the termination of the
re-employme�nt. Any amount of pension or ber�efit owing to the member
i es' � p�����n Si� �i'�� �iaii�i� i� ia�l��`ri ��i� �t���3�,��t�yi����, ��P�.�'X'��a�
shall be payable during the first ten days of the next follor�in;
month. . No pension credit shall be granted for any teaching service
performed during such re-employment.
(b) Every retired member who is so re-employed shall
report such re-employment to the 5ecretary within thirty d�ys after
the beginning thereof. Any such member crho f ails to make such report
may be penalized by a majority vote of the Board by forfeiture of
pension or benefit for a period of tim� equal to twice the period
of such unreported re-employment."
X.
That the definition of the term "BEN�'�,FITS" contained in Article IX,
Section 1, Paragraph 2, which now reads:
.
7.
"BENEFITS--Length of service pensions, limited service pensfons,
disability pensions, reversionary pensions, dependent children's
benefits, and cash refunds in amounts determined by the By-L�c��.
--CASH i?EFUNB--Refundment by the Association o£ dues, in a single
payment in lieu of pension to a member withdrawing from active
service before attainment of pension rights or, in certa.in case�,
to the beneficiary, contingent beneficiary, or estate of a deceased
. member.
--DIS?�BILITY PENSTON--A lifetime monthly pa,yment by the Association
to � member becoming totally and permanently disabled to teach
before attainment of other pensiron rights,
--LENGTH OF SERVICE PENSION--A lifetime monthly payr�ent by the
Association to a member who retired after attaining the age of
55 years a.nd after completing at least twenty-five years of
accredite� service.
--L1MtTED SERVICE PENSION--A lifetime monthly payment by the Asso-
ciation to a member who is compelled by law to retire upon the
attainment of a specified age �vithout attaining other pension
rights.
--REVERSIONARY PENSION--An elective substitute for length of service
pension, or for a limited service pension consistin� of a li£etime
monthly payment in a reduced amo�unt by the Association to a r:�ember
followed by a lifetime monthly payment to the surviving bene-
fici�ry of a member.
--DEPENDENT .CHTLDREN'S BENi'FITS--A monthly payment to the surviving
parent or to the legal guardian of the dependent child of a
deceased active member."
be amended so as to read:
"BENEFITS--Length of service pensions, limited service pensions,
disability pensions, deferred pensions, dependent children's
benefits, survivor's benefits, and cash refunds in amounts
determined by the By-Laws.
--CASA REFUND--Ref"undment by the Association of dues, in a single
payment in lieu of pension to a member withdrawing from active
������� �e�'��� ����.����� �� ������� ������ ��, �r� ������.� ����d��
to the beneficiary, contingent beneficiary, or estate of a deceased
member.
--DEPENDE�IT CHILDREN'S BENEFITS--A monthly pavment to the surviving
parent or to the legal guardian of the dependent child of a
deceased active member.
--DISABILITY PENSION--A lifetime monthly payment by the Association
to a member becoming totally and permanently disabled to teach
before att inment of other pension rights.
--LENGTH OF SERVICE PENSION--A li£etime monthly payment by the
Association to a member who retired after attaining the ape of
55 years and after completing at least twenty-five years of
accredited service.
--LIP�tITED SERVICE PENSION--A lifetime monthly payment by the Asso-
. ciation to a member �vho is compelled by latv to retire unon the
attainment of a specified age without attaining other pension
rights.
. 8.
--DEFERRED PENSION--A lifetime monthly payrnent by the As�ociation
to a member whose employment is terminated, voluntarily or
involuntarily, for a reason other than retirement, di�ability,
or death, after completion oi' ten years of accredited St, Paul
service and accredited previous St. Paul service, beginning
upon attairunent of the age of 65 years.
--SURVTVOR'S BEI�FITS--A monthly payment by the Association to the
surviving spouse or certain other dependents of a deceased
member i.n appropriate cases."
XI.
.
That the definition of the term "--MILITARY SERVICE" contained
i.n Article IX, 5ection 1, Paragraph 2, which now reads;
"--MILITARY SERVICE--Either teaching or non-teaching service as a
member of the armed forces of the United States of America during
VJorld tiVar I, �'Vorld ti"Jar II, or the Korean conflict bete�een June 27,
1950, and Jv1y 27, 1953."
be amended so as to read;
"--MILITARY SERVICE--Teaching or non-teaching service as a member
of any of. the duly constituted armed forces of the United States
in time of v�rar or other emergency declared by proper authority."
XTI.
That the definition of the word "�ACHER" contained in Article IX,
Section 1, Paragraph 2, vrhich notv reads:
"TEACHER--A persox� certifica�ed to teach, and regularly employed, as a
principal, or to give instruction in a classroom, or to superintend
or supervise classroom instruction, or as a placement teacher or
visi�ing teacher, or whose employment is professional emnloyc:�ent
depending upon possession of a teachers' certificate; also, a
person regularly employed as counsellor or school librarian if
certificated as a �eacher or school librarian. The term "teacher"
does not include personnel whose school day is less than half the
normal school day or whose school month is less than half the
normal school month."
be a��ended so as to read; ,
"TEAC�R--A person regularly employed, under a written contract, by the
Board of Education of the Ci�cy of St. Paul, in the instructional,
supervisory, or other essential professional stafi, �rhose employ-
ment is dependent upon the possession of an appropriate certificate
issued by the Minnesota State Board of Education."
9.
XIII. -
That Article XT, Section 1, �vhich now reads;
"Section 1, Amendment of By-Lav�s.
"These By-La��rs may be amended, altered, modified, or repealed
at a�}r annual meetir� or at �.ny special meeting of the members called
for that purpos�, by a majority vote of thoue personally pre�ent ar
represented by proxies filed with the Secretary not later than tcro
d�}-s prior to the date of the meeting, not less, however, than a
qu.orwn.n
be �ended so as to read:
"Section 1. Amendment of By-Laws.
"These By-Lar�s may be amended from time to time in the
Manner provided by law at the time the amendment is made,"
IN �rJITNESS VVF�REOF, the said MANILLA P. TOPDI�HL and
LYLE T. rARb�ff'R, have hereunto subscribed their names and caused the seal
of tne corporation to be hereto affixed this � day of January, 1968.
In Presence of:
� � � � ��.-��-� - �-
P, 'lla P. Topdahl, Pres dent
,� � � � � �
������ ����� V
� �`. ��m,er, ���i'etary __
(Corporate Seal)
5���� OF ��;'�NN�r.SOTA )
) SS.
COUNTY OF R.Al':�'�EY )
r�} �
On this / day of January, 1968, before me personally
appeared .�dANILLA P. TOPDAI-IL and LYLE T. FA.Pa,;�R, e;ho, being first duly
sr�oz�, did depose and say �hat they are the °resident and the Secretary,
10.
respectively, of Teachers' Retirement F�uid Association, tYie corporation
named in the foregoing instrument; that the seal affixed to the instr�:ment
is the corporate seal of the corporation, that the instrurr►ent ��ras signed
and sealed on behalf of the corporation by its express authority; and they
ac'��o��rledged the instrument to be their free �ct and deed and the free act
and deed of the corporation.
��c,�.�-c�—.� C� . ��t��-�
Notary I'u.blic, Ramsey County, r,�innesota
N�y comnlission expires: �
VIVIAN E. PETERSON
Notary Public, Ramsey County, Minn.
(No-tarial Seal) My Commission Expires June 17, 1971
11.
�°�c�s � �rr�rrr c�° �rracra�s oF naca��oRa�ia�
o�
�.c�s� �z� � �sc��Tior�
MANI�LA P. �4PD.Affi�, th� P�re��d�rt�, eud LYI�C T. FA.A�dER, #.Y�e
Secretat�, of Teachera' Ft,e�i�me�m� Ftaac� As�iatic�r,, a ncmprofit cc�rpc�ra�tion
�uly organized and s�t��Ir� tn�3e� an+� by vir�ve of t2� la'� a£ the �t�te af
A�'iffiesota, hav� itt� p�iu�ipsl pla.ee �or th8 tr�ec�ticm o�C bu�rfnese at
�aix�,t Paza�., �o�, �l0 2�reby aertii"y:
I.
�t cm the ea�h d�,y o� D��emb�r, �.'9�1"f � Boa�! of Trusteee of
�h�.s cc�rp�r�ti+�n did �rapose the ame�at +�f �,ue e.rr�tie3e+� hereina�£ter s�t
f€�a 'by adoptiag a re�o�,u��an settin� Parth �e prapo+�ed amex�ment �nd
�ir�atiag that it be s�ubmii;t�d ��r r�icapti+c� a� 't� a�rua]. meeti�g c�f t.h�
me�►b�rr� o� t� cor�retic� t�r �ie h�ld c�n T�d�r,y, �a.e �igb.�en�th c��r of
Jsnu�ary, 19E�I, �.t �'Q�r o��loe�c p.m. at the Saiut Peul T�ec�hniaaZ Voc�tions�l
Iz�st�tut� Auditc�riu�, ��5 �darshall Av�smus, S�,ixxt Paul, �e�4ta.
TI.
Th�t c� tY� trre�enty�ninth day af �a�mbex, �.'9b'7, � written ar�tice
c,� �he sa,id axi�ua3. m�et3:�g of '�he ��be�� cx�' 't�ie acc�rpo�aticrn, rs�tatfx� th�
t�e, �1.�.oe, and pw�pose thereoS' v�ee du'I.�r a��.�c� t+p eaah mamber of �ue
aar,pc�ration emtitled tv � rar� the prr�paee�t i�m�eredment end to e a�h o�.'f'icer
ar�d �trustee regardl�e� af l�i�e s�ti� r3.�,►hts.
III..
'Z'�t at fi,�a� �v,s�1, �eeti�g o�` t,'he mem'bQr� �� t� aarp�ration
du�.y caalled gnd 8uly 2a�e�.dy cm T,t�wreday, tl�er eight+��nth d�,y of aaar�ta�,
�.96�� a� �cru,r a'clor�� p.m., a'� the �aint Paul T�e+���,e��7. Vcx�a�ticma7. I�LSti-
tt�t� Aut�ita�ium, 2�5 ��11 Av�a�e, Sa3nt► Paut�., �xmms��ota, et whiah
�et:i� e. ma�ority o� tla� ,�m�r� �� pr��n�t in per�on ar by F�'o�,y', t�ae
�'allox�n� r�soluti� `o� du].y adapted 1� � ,�ffiz�tirre vr�te o� a ma.j�arity
�f' � m�anber� �:t�s
I��alu�ic� Arn��dl�.� C�r�3.gieate
raf Tnca;lc�orat�aa of �5ea�:�'
l�e�it�!��t l�td �a�oa�.at�.�u
RE.SOL'VFD, th�t th+� Ce�i�'iaa'fi�e vf �ica�a�atia� �f
Teac2�rs' Ftet�.arement Fcu�d As�soci�ticm be ��;cd, �f`�eative th�
first day af �'�ba�ry, 1968, in t� t�l�orov�,x� ��+eo��, � �ri.°�:
I.
�t t�e 1�,#3t p�raPh ot' �ica�,,� I� "����cm 1, whioh
au�r► rea:d�„
"To �aat exrr� �.� A�s�o�iet3o�t �11 h�.ve �Ehe
po�� tc� re�iv+s, ��d, �d inve� � �umtis a�nd
�t� r��sed �ar it� usre and h�,ePi�t 'by` ta��.ticm
'�p�Can fi.h� ��Ey' in ��,id City a:� �t. �'au�, e�ad
all � t�' �can�r c��r pro�,er�,y s�t�;a#,ed tt� �t �
�r3.vats �r� a�t mecrui� f`x�cm► dt�� car m�m�b�erehip
fees �`rom �t� �rt�."
be a�aaded ac� � ta r�ad:
"��a �a.t end t�his As�aciatit� sha.��. hsrr� trh�
gav►er to r�o��.v!�, kua3.d, �ct inrr+�e�t th� � �
aa�ownt.a� ra�ed a�c�r it,e �e �d b�fi� 'b� ta�tation,
� prov3d!ed '��r lavr, and e�.l sxa� �#' m�y or prpp�rt�*
dvne°t,md tv �E� �by' p�vate per�on�s, a�d. al� e�imt8
d�rived � +c�t�e� c�7C' membere�.p �'e�a� �ai� i� m��r8.'r
II.
Th�t Artic�� II� �ection lr �.ah � rsedss
rrThi� A�SCrefatiorA Bhs17. aa�uee3 a�t t,h.Ee f'31"8t,
day c>t' C�tob�r, A.D. 1'9Q'9, �d ac�r�3� tlher+��fter
for � period a� fi�.�ty y+�ara."
be am�nderd sc� �us �ta r+�ad;
"� p�ri«d c��` dur�tton af � carporat�e
exfstence Q�` th�� +cprpor�.tion eh�.l be �x�etual."
zii.
7�hat .Art�c�.� Itr, ��Ei� �+, �rh�toh no� �ad�:
"Atay �y.-�air m�y be m4di�'i�d, �art�<l, or repea]..ed,
�! a�r �w By I,aw me„y be adopted at �y' zMeegu].er
m�etir�g af th+e As�ociati�n, ar at +�' sge�ial mee��
�s7.1�d far that put�po�e, �t rrhi.ch � q� i� preeez�t,
by s m�..�vr��^ v�tt� t�:C th+e members p�e�r�t � perso�►
c�r by p�ca�cy f39.�c� �ri.th th� .5ecret�x�r."
b� aanended ec� � � r�i�rl;
"Tbe�� 1�ict1�� ma�r be �nded t'rom� time to
time in t� mR�er pravid�d by l�rr �t th�e ti.me tY�e
�me�dment is mad�.tt
IV'.
TTtx�t :Article V2, Sectian 1,, �vh�ch �r res��:
"E'v�ry' laearscm �mploy+ed ae �, ��rt�fia�t+ed te�cher
ira th� put�l3.a �cht�o�s a�' �t. Paul ar !�.c�, hexv3�g b�een
�ao employ�, i� a��igx�sd to at� ��eral duty w3thi.n
� ��ts�et�.c�.l. ��rtr]!ce as def3r��d in �he B�-�La�ws,
�h�.1,1 by � �arst� nf �uah emplc�yme�a� be �ub�e�t ta the
prs�vi�i.a� af th��s�+ .�rticlee� and Hy—Law�.
Th� t�rm 'te+�dher' inaludea ev+�x�r g�r�roa z�gnal,arly
empla,y�d„ a� a �r3�ip�a., erx� to �i�'e 3�t�uat�an ia �.
cl+a�sroam, �r t� er�Mntend or �rvi�e alassrc�m
instructian� �ar a� a pla+�ea��t ��ai�r or viaitir�g
tea+eher, ar �`h� emplc�ne+at ie p�caf'ea�i�l ea�la�
ment depen�iac�g u�a: �OSees��on of' a. fi�ac?�er'a cer—
$�.ff.C�'te. F�ex'gd� �3gt�-ar�Y et�npl.�C3 fl�t GC�t2z�s'4s�.1Q]�s
ar s�haol librsr�.ax�s e�ha11 b� cso��d i�' �ertific�.ted
se te��hei� or a� +�chool 7.ibr�ria�. Tla,� tex�an 'teacher'
dc�� not inale� ;�eracxxu�l �rhoa�e �chc�ol d�p is
� le�s th�n ha:lf th� normu�l, sc�hc7a�. d�,y ar ��e
achr�ol aa�n'th �� �.�ss tha�: h�lf t�2�e x�cax�m�.1. �ahoo2
EA�003$�'1.�P
be an]BTld@d $O �S to ���:
o"�rei'Y P�ra4a em,�a].c�y+e� aa a �a�a�er, �+s het�rse-
inaft�er def�d, ia the publ3a sc�hcaol�s ca� th� Ctty
af St. F'�:t�7., vrha�� c�ua��ama;xy emplc7yment �,e f4r n4
�.��e� t� +�-�.f c£ the norm�a. �dhool d� ax�d �o
less tha�a +�h�I� o,t th� x�arm�l �ahc�ol m�nth, sha�.l.,�
b�r t� fac� df �eY� emp3.�a�anent, be a mi�n�r of this
as�ociatic�n a� �bs.�.7. 'k�r �ub�ect � �se articles.
A�a v,�ed in tl��e art�.�].e�, the term 't��cMer'
r�e�,;s � �r�an re�u3.ar� emplc�y�ed, unde� a �►r�tt�n
co�ttr��tt, by' t�e �o�rd o�' �ucstic�zn a�' t�e Cit�rr of
8t. Paua., 3.r� t2� Zn�trucitia�al, ettp�rvi�or,�r, ar cath�r
essentia2. gmf���ic�a1 �taf�", r�ho�� employ�nt is
dependen� u� the �aos�e�sian v� � ��prvpriat,e certi-
�"i�ate t�e�uued by the M3.�avt� �t�zte �3o�rrd of Eduaatioa,.►�
�:SOLti�D, �Y�at th� President �nci the S�eretar3r o� thi€�
Associatf�an be, aad th�y h�reby are, autborized and directed
to make, execut,e, �nd �ckno�ledge aa eertifieate e�bre.cin� the
for��o�n�; resc�lution, and to cause the certifia�te to 1be filed
and recarsied in t:n� m��er provided by 1aw.
I�S �'�ITI�'SS �;�RE(��', v�, tl�e undersi�ed, have h�r�u7to subscr�bed ���x
�
�aa�s �,nd caused i:he seal ox" tik� eorporation to be hereto af�"ixed this ;�� day
�£ J�u�ry, 1968.
I� pr�sence c�f':
�,���. ) � �:' ,� .�,✓��� :;:� � ,' r' 1�1 �,�r,��- � r
✓ �"�`'���-- �cr<�--c--/Z�C�-�` ' � ..�'L'�' I ,/� fr�`�'"`�,r L-�` �
��.,.:.
� ��,E�I2�11.8 p. �O�JdA�ll.���'.'£$�.Cl�,'I7'�r
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f '�"""' ,
L':� t�c t:_i-7 � . �' -/,.0.�C.C:`..L.,c1.O"Y.�% .. i� :�.� (/1 --^�'"'
� �.�'(��` `�...A �` � \.,.�f.,�'. ,'�;��,{�'.r1'`
_�' J ,'� p le T. Far.7ner, S��ret�r�'
�
,.�
(Cnr�aor�te 5ea�.)
STATE OF MINNESOTA)
) SS.
COUNTY OF RAMSEY )
On this f c�fI�
�� �iay of January, i968, before me
personally appeared MANILLA P. TOPDAHL and LYLE T. FARMER,
who, being by me du.ly sworn did depose and say that they
are the President and the Secretary of Teachers ' Retirement
Fund Association, the corporation named in the foregoing
instrua►ent; that the seal affixed to the instrument is the
corporate seal of the corporation; that the instrument was
signed and sealed on behalf of the corporation by its ex-
press authority; and they acknowledged the instrument to
be their free act and deed and the £ree act and deed of
the corporation.
. - --
� � J ` � ; '
%�._c•-�c. -� , � -�, �e-i�.�.-����.�Z'
Notary Public, Ramsey Countq,
M3nnesota
My commission expires
VIVIAN E: PE7ERSON
Notary Public, Ramcey County, Minn:
(Notarial SQ81� N1y Commission Explree lune 1�, ����