Employee and Retiree Service Center → Employees → Benefits → Retirement Savings

Retirement Savings: Saving for the Future

Pension

Enrollment in a pension system is mandatory and a condition of your employment. Depending on your position, you are either a member of the Maryland State Core Pension or the MCPS State Core Pension. All employees receive a supplemental pension from MCPS.

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Retirement saving plans (defined contribution plans)

MCPS has created an educational website dedicated to defined contribution plans offered to all employees. The site includes comprehensive question and answer sections for both the 403(b) tax-sheltered savings plan and the 457(b) deferred compensation plan.

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Retirement and Pension System Board of Investment Trustees

The Board is  responsible for the investment of assets of the MCPS retirement and pension plans. 

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