Maryland State Employee Retirement and Pension Plan
MSDE retirement benefits are administered through Maryland State Retirement and Pension Program (SRPS). Participation in the state retirement plan is mandatory. Regular employees must contribute seven percent of their gross earnings to SRPS. Comprehensive details regarding the retirement and pension plan provisions and benefits are available on the
Maryland State Retirement Agency’s website
Enrolling in the SRPS Plan
Important: The following retirement forms must be emailed to MSDE’s Retirement Coordinator and not directly to SRPS. Contractual employees are not eligible for retirement benefits. If you have transferred from another state agency and separate pension system, please let HR know because your pension contribution rate may change.
Supplemental Pension Plans
The State of Maryland provides supplemental pension plans for employees that wish to supplement the
state’s pension plan under the Maryland Teachers & State Employees Supplemental Retirement Plans
All employees of the State of Maryland, including contractual employees, are eligible to participate in
the 457(b) and 401(k) plans. State employees who work for a State educational institution are also
eligible to join the 403(b) plan.
MSRP membership includes four supplemental retirement plans - the 457(b), 401(k), 403(b), and the
401(a) Match. The plans offer employees the following:
- Competitive plans fees
- Diversified investment options
- Flexible payout options
- Easy online account access
The supplemental pension plans are administered by Nationwide. Nationwide’s Team MSRP has
Financial Field Representatives that can assist regular employees during employment and Personal
Retirement Consultants when you are within five (5) years from retirement or in retirement.