MSRP

MSRP

The Maryland State Retirement and Pension Plans

Is a defined benefit plan that provides employees with retirement benefits, survivor benefits, and, in some instances, a lump-sum death benefit payment for the beneficiary.
Employees become vested (eligible for contributions) after ten years of employment.
Academic, executive and professional/administrative staff employees may enroll in either the defined benefit plan (basic retirement benefit plan) or one of the defined contribution plans (optional retirement benefit plans) available.
The University contributes to the employees' pension account on a twenty-six (26) pay schedule basis for the administrative staff personnel and a twenty (20) pay schedule basis for the faculty.

Visit the Maryland State Retirement and Pension website for additional information.

This program is administered by the Community College of Baltimore County.

Pre-retirement planning events are currently being offered both as in-person seminars and as webinars. The same topics will be covered in both formats: MD State Pension, Legal Issues, Social Security Benefits, and Supplemental Retirement Plans. Once registered, participants will receive instructions specific to the event they are enrolled in. For online events, this will include a link to join the event, and for in-person events, this will include site-specific information.

MD State Pension members and their spouses are eligible to attend these one-day webinars. Seminars/Webinars run 9:00 a.m. – 4:00 p.m.

2024 Webinar Dates:

January 24 (CRN 77174)
February 22 (CRN 77178)
March 21 (CRN 77187)
April 11 (CRN 77193)
May 9 (CRN 77199)
May 21 (CRN 77201)
June 4 (CRN 77204)
June 21 (CRN 77208)

2024 Onsite Seminar Dates:

January 23 - CCBC Essex (CRN 76958)
February 15 - CCBC Owings Mills (CRN 76961)
March 19 - Salisbury University (CRN 77181)
March 28 - Sykesville Public Safety Training Center (CRN 77183)*Correctional Officers Only
April 4 - Harford Community College (CRN 77188)
April 16 - Anne Arundel Health Department (CRN 77190)
May 7 - CCBC Essex (CRN 77195)*Law Enforcement Officers Only
May 10 - Maryland School for the Deaf/Columbia Campus (CRN 77196)*ASL Provided
June 6 - CCBC Catonsville (CRN 76963)
June 14 - Hagerstown Community College (CRN 77202)

If any event needs to be canceled, participants will be contacted via the information provided when they register. Cancellations for in-person seminars are also reported on the Pre-Retirement Planning Status Update Phone Line 443.840.1000.

Pre-Retirement Planning resource manual.

Maryland State Pension Program Information:

Pension (presentation)

How to register

Register online. This links to the registration page and opens in a new window.
Find your preferred seminar date and choose the "Select" option, next to the class.
Choose "Register for Selected Courses."
If you are not already logged in, you will be redirected to the login page.
- If you have previously attended a Pre-Retirement Seminar or other class at CCBC, log in using your current username and password.
  Not sure what your username and password are? No problem, give us a call at 443.840.5059.
- If this is your first Pre-Retirement Seminar, click the "New Account" button on the right-hand side of the screen.
Fill out your information (anything in red is required information) and choose Submit.
After you have Registered for your Seminar, choose "Finalize Selection" and print your confirmation.
You will receive an email confirmation of your registration within three business days.

Changes to registration

To change an existing registration for a Pre-Retirement Seminar, call 443.840.5059. If you require any special accommodations while attending the seminar, please contact Sarah Moore at scullip@ccbcmd.edu.

MSRP Videos

MSRP encourages individuals to do a financial check-up that allows them to get a clear view of their finances, set savings goals, and create a plan to achieve them.

During the month we focused on four important topics:

Budgeting

Paying Debt AND Saving

The Power of Compounding

Saving Enough for the Retirement YOU Want

View all four videos below for a refresher on each of these topics.

"Start Budgeting For Your Future"

"Paying Debt AND Saving"

"Learn How Compounding Retirement Investments Can Add Up"

"How Much is Enough?"

Visit MarylandDC.com to enroll or increase your MSRP 457(b)/401(k)/403(b) plan contribution today!

Click here to visit the EDUCATION tab on our website to register for free financial education webinars offered each month!

Seminars provided for informational purposes only and do not provide legal, financial or accounting advice. Individuals should consult their own advisor for specific advice concerning their individual situation. Subject to change without notice.

Morgan State University is not responsible for the content or opinions expressed in the presentation, and does not endorse or guarantee the accuracy, completeness, or reliability of any information presented.