St. Paul Teachers Retirement Fund Association teacher definition modification and employee contributions refunds requirement provision

This bill modifies the definition of "teacher" for two Minnesota retirement associations, the Teachers Retirement Association and the St. Paul Teachers Retirement Fund Association, to explicitly exclude individuals employed on J-1 visas from the United States. The changes clarify which educational staff positions are eligible for retirement coverage and specify that foreign nationals on J-1 visas do not qualify as teachers under these plans. Additionally, the bill requires both associations to refund employee contributions made by J-1 visa holders who would have been excluded from eligibility if the new definition had been in effect at the time of their employment, with refunds due by July 31, 2026, and interest calculated at three percent annually.