Welsh, Katherine
Retirement Services DirectorTeachers Retirement AssocRamsey CountyFull-time
Operations. Minnesota state employee pay history, from State of Minnesota salary data.
Pay by fiscal year
Total paid across all records in each year, overtime included, compared with consumer prices.
From FY 2011 to FY 2013, pay went down 20% while consumer prices went up 5%. After inflation, pay is down 23% (it fell behind inflation).
| Year | Paid | Change | Prices (CPI) | After inflation |
|---|---|---|---|---|
| FY 2013 | $62,894 | −22.6% | +1.7% | −23.9% |
| FY 2012 | $81,281 | +3.8% | +2.9% | +0.9% |
| 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 2013 · Retirement Services Director
Paid more than 10% of the 10 people with this job title that year. The median was $77,587.
Uses the amount paid in the year, so partial years and part-time positions read low.
See everyone with this job titleEvery record
3 records, newest first
| FY | Agency | Job title | County | Base pay | Overtime | Paid |
|---|---|---|---|---|---|---|
| 2013 | Teachers Retirement Assoc Operations | Retirement Services Director Full-time · left during year | Ramsey | $37.63 /hr | — | $62,894 |
| 2012 | Teachers Retirement Assoc Operations | Retirement Services Director Full-time | Ramsey | $37.63 /hr | — | $81,281 |
| 2011 | Teachers Retirement Assoc Operations | 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 Teachers Retirement Assoc
FY 2013, amount paid
- Hacking, Laurie F$113,859Exec Dir Teachers Ret Assoc
- Borsheim, Chad$108,389Systems Analysis Unit Supv
- Roemhild, Mark R.$104,326Systems Supervisor
- Kathiresan, Ganeshkumar$99,666Systems Analysis Unit Supv
- Sambasivam, Sivakumaran$97,592Information Technology Spec 5
- Sambasivam, Saravanakumaran$96,829Information Technology Spec 5
- Wicklund, John M$95,171Asst Exec Dir Retire Systs Cl
- Parenteau, John L.$89,042Information Technology Spec 3
Highest paid as Retirement Services Director
FY 2013, amount paid
- Gunderson, Constance M$80,591Teachers Retirement Assoc
- Kappelhoff, Patricia J$79,509Public Employees Retire Assoc
- LaFrombois, Lance L.$78,991Public Employees Retire Assoc
- Kennedy, Carolyn S$78,990Public Employees Retire Assoc
- Manion, Mark S.$78,990Minn State Retirement System
- Nowicki, Jennifer R$76,184Minn State Retirement System
- Wirtanen, Mark$71,343Teachers Retirement Assoc
- Henderson, Linda Joy$64,691Minn State Retirement System