State law requires all regular faculty and staff to enroll in a retirement plan immediately
upon employment. Regular faculty and staff and contingent faculty and staff may also
participate in the voluntary supplemental retirement plans.
Retirement Plan Options
REGULAR FACULTY AND EXEMPT STAFF
Regular faculty and exempt staff can choose between the Optional Retirement Program
(ORP) and the Employees’ & Teachers’ Reformed Contributory Pension Plan (Pension Plan).
Prior membership in either retirement plan may affect selection.
All faculty and staff are eligible to contribute pre-tax dollars through payroll deduction
to the supplemental retirement plans and can choose among the following vendors -
Fidelity Investments, Nationwide Retirement Solutions offered through theMaryland Teachers and State Employees Supplemental Retirement Plans, and TIAA. Participation is voluntary and may be initiated any time during the year.
You may schedule individual counseling sessions with the supplemental plan vendors
when they are on campus. Please contact the plan directly for an appointment. All
meetings are held in the Administration Building, room 110.
Click on the reservation links below to view the available appointment dates.