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
IF YOU ARE PLANNING ON RETIRING WITHIN THE NEXT 12 MONTHS:
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.