AACPS Pre-Retirement Planning

In the fall and spring of each year, AACPS holds a program for employees who are considering retirement within the next three to five years.

Spring Program - April 21 2018, 8:30 am - 11:30 am

Board Room, Carol S. Parhap Building, 2644 Riva Rd. Annapolis MD 21401

An informative presentation regarding Social Security and Medicare is offered in addition to information about aspects of establishing an income stream after retirement.

Supplemental Retirement Plan vendors will be available in the lobby.

Fall Program - October 20, 2018, 8:30 am - 11:30 am /Location TBD

A representative from the Maryland State Retirement Agency provides an informative presentation about MSRA benefits and the AACPS Office of Retirement provides information about applying for retiree healthcare benefits.

The Maryland State Retirement Agency Pre-Retirement Seminars

These seminars, targeted to those eight years from retirement, are designed to help you plan for your retirement.  The dates and locations can be found on the Registration form.  To register, click here Registration

In addition to the all-day seminars, the Retirement Agency is hosting Pre-Retirement Planning webinars for members who are looking for a brief and convenient presentation of their retirement benefits. 

Pre Retirement Webinars

Pre-Retirement Planning webinar provides a general overview of Maryland State Retirement and Pension (MSRPS) Benefits – including a general description of retirement eligibility, information about how to increase your service credit, an explanation of allowance options and how to apply for your benefit.  This webinar is tailored by the MSRPS for members of the Employees, Teachers and Correctional Officers Retirement Systems.

 "Pre-Retirement Planning"

Dates:

May 10, 2018         10:00 AM -  11: 00 AM

June 19, 2018        10:00 AM -  11: 00 AM

Members can register and join the webinar from the Retirement Agency website

Questions? Contact sra@sra.state.md.us  or 410.625-5555

FAQs regarding participation in the Maryland State Retirement System

In the year leading up to retirement, AACPS recommends the following steps:

1.  Obtain an Estimate

Complete and submit the State Form 9 Application for an Estimate of Service Retirement Allowance.  It can take six to 12 weeks to receive the results, depending on the time of year submitted. 

2.  Attend a AACPS Retirement Information Program

Topics include timeline for retirement, eligibility, benefit formulas, pension payment options, leave payout, post-retirement health coverage, continuation of life and Long Term Care insurance, and required forms. Spouses are welcome.

Programs are held 4:45-6:30 pm in the Board room at the Carol S. Parham Building at 2644 Riva Rd., Annapolis, MD 21401

Register on MyAACPS-PD

Spring 2018 program dates:

SRN 9341318009    May 8, 2018

Fall 2018 Program dates:

SRN 934131901      September 12, 2018

SRN 934131902     October 9, 2018

SRN 934131903     November 7, 2018

SRN 934131904     December 5, 2018 

3.  Attend a AACPS Retirement Forms Workshop

All required MSRPS forms are reviewed and explained, as well as required AACPS forms. Spouses are welcome.

Programs are held 4:45-6:30 pm in the Board room at the Carol S. Parham Building at 2644 Riva Rd., Annapolis, MD 21401

Register on MyAACPS-PD

Spring 2018 program dates:

SRN  9341518008   April 25, 2018

SRN  9341518009   May 13, 2018

Fall 2018 Program Dates:

SRN 934151901     September 27, 2018

SRN 934151902     October 24, 2018

SRN 934151903     November 27, 2018

4.  Complete all necessary MSRPS and AACPS forms and submit them at a Forms Open House event.

Completed forms are reviewed during an individual meeting with the employee, and collected for submission to the Retirement Agency.  Questions are answered.  Notary is available as needed. Spouses are welcome.

5. Retirement Forms Open House

Open House events are held 3:00-5:00 pm at the Carol S. Parham Building at 2644 Riva Rd., Annapolis, MD 21401. Registration is not necessary. Employees are called to sit individually with a staff member to review all forms, answer any questions, and submit first retiree healthcare payment by check. A Notary will be available.  Complete packets will be collected for AACPS to finalize and submit to the Agency.

DATES:  

April 30, 2018

May 23, 2018

June 19, 2018

Sign in at Reception desk and take a seat in the lobby.

Employees are called to meet with a retirement office staff member in the order on the sign-in sheet.