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Schultz, Karen K

Proj Functional ManagerMinn State Retirement SystemRamsey CountyFull-time

MN State Retirement System. Minnesota state employee pay history, from State of Minnesota salary data.

Total paid
$304,346
over 4 fiscal years
Latest year
$53,280
FY 2014
Highest year
$86,787
FY 2013
Yearly average
$76,086
across years on record
Change since first year
-32%
FY 2011 to FY 2014 · prices +6%

Pay by fiscal year

Total paid across all records in each year, overtime included, compared with consumer prices.

$0$25K$50K$75K$100K$78,2702011$86,0092012$86,7872013$53,2802014
Paid in yearFY 2011 pay grown with consumer prices (CPI)

From FY 2011 to FY 2014, pay went down 32% while consumer prices went up 6%. After inflation, pay is down 36% (it fell behind inflation).

YearPaidChangePrices (CPI)After inflation
FY 2014$53,280−38.6%+1.6%−39.6%
FY 2013$86,787+0.9%+1.7%−0.7%
FY 2012$86,009+9.9%+2.9%+6.8%
FY 2011$78,270———

Each change compares a year with the one before. Large swings usually come from a partial year, extra hours or a change of job rather than a raise. Prices: Consumer Price Index (CPI-U, U.S. city average) from the Bureau of Labor Statistics, averaged July to June; FY 2026 uses 11 months because October 2025 was not published.

Compared with the same job title

FY 2014 · Proj Functional Manager

Paid more than 14% of the 14 people with this job title that year. The median was $82,503.

Uses the amount paid in the year, so partial years and part-time positions read low.

See everyone with this job title

Every record

5 records, newest first

FYAgencyJob titleCountyBase payOvertimePaid
2014Minn State Retirement System
MN State Retirement System
Proj Functional Manager
Full-time · left during year
Ramsey$42.11 /hr—$53,280
2013Minn State Retirement System
MN State Retirement System
Proj Functional Manager
Full-time
Ramsey$42.11 /hr—$86,787
2012Minn State Retirement System
MN State Retirement System
Proj Functional Manager
Full-time
Ramsey$39.89 /hr—$86,009
2012Minn State Retirement System
MN State Retirement System
Retirement Services Director
Full-time · left during year
Ramsey$37.63 /hr——
2011Minn State Retirement System
MN State Retirement System
Retirement Services Director
Full-time
Ramsey$37.63 /hr—$78,270

The state reports one pay total per person per year, covering all of their positions, so it appears on one of that year’s lines and the others show no separate pay.

Highest paid in Minn State Retirement System

FY 2014, amount paid

Highest paid as Proj Functional Manager

FY 2014, amount paid