When a function is used as a trigger, the dictionary TD contains trigger-related values:
TD["event"]contains the event as a string: INSERT, UPDATE, DELETE, or TRUNCATE.
TD["when"]contains one of BEFORE, AFTER, or INSTEAD OF.
TD["level"]contains ROW or STATEMENT.
TD["new"]TD["old"]For a row-level trigger, one or both of these fields contain the respective trigger rows, depending on the trigger event.
TD["name"]contains the trigger name.
TD["table_name"]contains the name of the table on which the trigger occurred.
TD["table_schema"]contains the schema of the table on which the trigger occurred.
TD["relid"]contains the OID of the table on which the trigger occurred.
TD["args"]If the CREATE TRIGGER command included arguments, they are available in TD["args"][0] to TD["args"][.n-1]
If TD["when"] is BEFORE or INSTEAD OF and TD["level"] is ROW, you can return None or "OK" from the Python function to indicate the row is unmodified, "SKIP" to abort the event, or if TD["event"] is INSERT or UPDATE you can return "MODIFY" to indicate you've modified the new row. Otherwise the return value is ignored.
Read the upstream documentation. For corrections, first check the current version.