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The State
Retirement and Pension System administers death, disability
and retirement benefits on behalf of over 350,000 active and former
State employees, teachers,
State
police, judges, law enforcement officers, correctional officers and
legislators.
The State of Maryland is the primary sponsor of this multi-employer
defined benefit system; over 100 local eligible governmental agencies
voluntarily participate in the System as well.
The State Retirement and Pension System provides important coverage
both during a member's working career and after members retire.
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Mission
To administer the survivor, disability, and retirement benefits of the
System’s participants, and to ensure that sufficient assets are
available to fund the benefits when due. |
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Vision
A state that provides a fully-funded retirement system that is
affordable to all participating employers and provides guaranteed
adequate disability, survivor, and retirement benefits. |
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