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Benefits Handbook. Employees’ Pension System. Reformed Contributory Pension Benefit For members enrolled on or after July 1, 2011. Prepared by The Maryland State Retirement Agency 120 East Baltimore Street Baltimore, Maryland 21202-6700. 410-625-5555 1-800-492-5909. Revised April 2021.
Dec 1, 2022 · The Maryland State Retirement and Pension System carries out two equally impor-tant business functions: the administration of retirement and pension benefits for more than 400,000 members and retirees, and the management of invested assets. In addition to legislators, these groups include State government employees, teachers,
For example: Age 57 with 33 years of service, Age 60 with 30 years of service, or. Age 63 with 27 years of service. Members with at least 10 years of eligibility service become eligible for normal service retirement at age 65. When you retire, you will be able to choose from a number of payment options.
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Nov 2, 2018 · Benefits Overview. The Maryland State Retirement and Pension System has a long, secure history of providing benefits to its members. This overview deals with the highlights of these benefits. More information is available in the retirement video and pamphlets .
Nov 2, 2018 · Retirement Estimators; Option and Annuity Factors; Applying for Disability; Applying for Retirement; Seminars and Webinars; Videos; Separating from Membership; Unclaimed Funds; Domestic Relations Orders; Protect Yourself from Scams; Personal Statement of Benefits; Retirees. Updating Your Beneficiaries; Domestic Relations Orders; Reemployment ...
With a pension, your payout is determined by a formula created by your specific employer. Local governments, cities, and counties, as well as the Maryland state government, all have their own calculations. You can view your specific benefits along with a calculator at the state of Maryland pension website here .
2 2024 Health Benefits Guide The State of Maryland provides a generous benefit package to eligible employees and retirees with a wide range of benefit options from healthcare to income protection. The following chart outlines your benefit options for the plan year January 1, 2024 - December 31, 2024. For details about each specific plan,
