Supplemental Retirement Program

  • Ready. Set. Save.

    Transition to one Supplemental Retirement Plan vender now complete. See the Welcome Letter for more information.

    In addition to your health and wellness benefits, AACPS offers employees the opportunity to participate in a Supplemental Retirement Program to save for retirement on a tax-favored and post-tax basis.

     
    AACPS offers you access to four types of plans: a 403(b) and a 457(b) tax-deferred compensation plan and a Roth 403(b) and a Roth 457(b) post-tax plan. You may contribute to all of the plans up to IRS annual limits.

    How to decide: Deciding which plan to choose depends on several factors. Comparing each of the plans against your personal retirement goals will help you decide which plan(s) to choose, and how much to contribute. An investment provider representative can assist you with this. Because each individual’s circumstance is unique, we urge you to consult with an AIG investment provider representative to evaluate your investment contributions and choices to ensure they are in line with your personal retirement goals.

    Online Enrollment/Changes

    To enroll in the Supplement Retirement Plan, 403(b), 457(b), and/or Roth, go to the AIG Retirement Services microsite at aacps.aigrs.com.  Once enrolled, contribution changes will also be made there. Additional assistance is available by contacting the a Client Care representative at 800-448-2542. Reach out to an AIG provider representative to discuss your enrollment and investment options. Retirement Manager will continue to be used for hardship distribution, withdrawal, and/or loan certificates.

    Here are two important resources to help with enrolling or changing your contributions:

    Supplemental Retirement Plan Online Enrollment Instructions
    Retirement Manager Quick Reference Guide (coming soon)

    Accessing your Supplemental Retirement Plans (403b/457b/Roth) After Your Resign/Retire

    Consult with your personal plan representatives about options available to you concerning your Supplemental Retirement Program funds.

    Be advised, if you wish to initiate a withdrawal, rollover, or take a distribution from your plan, you are required to create a “Severance of Employment Certificate” through Retirement Manager.

    You will need to provide this Certificate along with the required vendor plan forms and submit these directly to AIG Retirement Services for processing. No AACPS signature is required when a Certificate is provided.  Access this Certificate from Retirement Manager below:

    Retirement Manager

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Contacts

  • CONTACT AIG RETIREMENT SERVICES to establish an investment account before you enroll for the first time:

    AIG Retirement Services (formerly VALIC) 800-448-2542

    For additional information, contact AIG Retirement Services at 800-448-2542 or contact HR/Benefits at 410-222-5206/5221.

    Lorraine Faris
    Sr. Manager, HR Operations
    lfaris@aacps.org

    Theresa Lofton
    Benefits Manager
    tlofton@aacps.org