Deferred Compensation Programs & Supplemental Retirement
|In the fall and spring of each year, AACPS holds
a program for employees who are considering
retirement within the next five years. Maryland
State Retirement Agency representatives provide an
informative presentation about MSRA benefits and the
AACPS Office of Retirement provides information
about applying for retiree healthcare benefits.
Human Resources Office of Retirement
Social Security Administration
Maryland State Retirement Agency
latest “Mentor” Maryland State Retirement Agency (MSRA)
quarterly publication, which contains news for members of the
State Retirement and Pension System of Maryland at
www.sra.state.md.us, click on
Are You Thinking About Retiring in the Next few Years?
your timeline to retire is within 2-5 years, our semi-annual
Pre-Retirement seminar is the best way to gather information as
you begin to plan for Retirement. We generally hold these
seminars in the Spring and Fall. Our upcoming sessions include:
April 22, 2017, 8:30 – 11:30 a.m.
WHERE: Board of Education, Board Room, 2644 Riva Rd.,
Annapolis, MD 21401
REGISTER: Call 410-222-5224 or email
October 21, 2017, 8:30 – 11:30 a.m.
REGISTER: Call 410-222-5224 or email
Are You Planning to Retire Within the Next Year?
should immediately submit a Form 9, Request for an Estimate
of Service Retirement Allowance (pension) to the Maryland
State Retirement Agency. The results you receive will be
critical to help you determine the pension payment option that
is right for you and your family. That form is located here: http://www.sra.state.md.us/Participants/Members/Downloads/PrintForms.aspx
should also attend two education sessions at the Board of
1. The Retirement Information Session, which
is followed a few weeks later by the --
2. Forms Workshop.
sessions we give you specific information on the various pension
payment options, what you need to do, and the deadline for these
Register for these sessions on the Professional Growth and
Development page of the AACPS website, MyAACPS-PD
Following is the list of sessions remaining for those who will
retire between 5/1/2017 and 10/1/2017:
Retirement Information Session
April 4, 2017, 4:30 – 6:30 pm, Board Room, Board of Education
May 2, 2017, 4:30 – 6:30 pm, Board Room, Board of Education
April 26, 2017, 4:30 – 6:30 pm, Board Room, Board of Education
May 9, 2017, 4:30 – 6:30 pm, Board Room, Board of Education
Forms Open House (to turn in completed retirement paperwork)
April 20, 2017, 3 – 5 pm, Sign-in Board of Education lobby
May 16, 2017, 3 – 5 pm, Sign-in Board of Education lobby
Our Open House is the time when you may sit with a AACPS
retirement office staff member, review your completed forms, and
submit your retirement paperwork. Notary services will be
If you have any questions, please call the HR Retirement Office
To determine the
date you are eligible to retire, refer to your Personal
Statement of Benefits sent to you every fall by the MSRA.
Calculations of your
retirement benefit are not processed by the Human Resources
Office of Retirement. To initiate the retirement process, you
must complete Form MSRA-9 – Application for an Estimate of
Service Retirement Allowance. This form may be downloaded from
the MSRA website at
Member, Forms, To
Print Forms, Active Members’ Forms.
When you submit this completed form
to the MSRA, they will send you a formal estimate of your
retirement allowances for all options (allow 6-12 weeks to
receive your estimate). This form is designed for planning
Other forms may be
downloaded from the same site, including: Form MSRA-13/23
Application for Service or Disability Retirement, Form MSRA-85
Electronic Fund Transfer Sign-Up, Form MSRA-766 Federal and
Maryland State Tax Withholding Request, and Form MSRA-127
Reemployment After Retirement.
Prior to making an appointment with your retirement counselor in
Human Resources Office of Retirement, you must have your option
selection from the MSRA in hand. Once you have your estimated
options, call the Human Resources Office of Retirement at
410-222-5224 to schedule an appointment to file an Application
for Service Retirement Allowance. The appointment usually lasts
between 30 minutes to 1 hour.
You have the option of meeting directly with a Maryland State
Retirement Counselor if you want to determine your retirement
options or if you have concerns about membership. Call
1-800-492-5909 or 410-625-5555 to schedule an appointment. You
may go to
www.sra.state.md.us Participants > Members Section >
Regional Counseling Schedule.
If you move after
retiring, please remember to call the MSRA and the AACPS Office
of Retirement with address and phone number changes. This is
very important to ensure that there is no gap in your monthly
benefit payment or insurance coverage.
Please remember to
notify the MSRA and the AACPS Office of Retirement if you have
any lifestyle changes. You have up to 31 days from the date of
the event to change your benefits with Human Resources Office of
Retirement. Qualifying lifestyle changes include: marriage,
birth or adoption, divorce, change in spouse’s employment
status/termination of healthcare benefits, death of a spouse or
dependent, or loss of student status. A new healthcare
application is required when you have lifestyle changes, become
Medicare Part B eligible, or change your address.