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Montgomery County Public Schools (MCPS)
is providing pension eligible employees with their MCPS
personal statement of core (if applicable) and
supplemental pension benefits. MCPS is the only school
district in the state of
Maryland
to provide a supplemental pension benefit.
Retirement statements will be sent to pension eligible
staff in September 2008. The
personal retirement statement will be mailed to the
employee’s home address (currently on file with MCPS).
The
information contained in the personal retirement
statement is through
June 30, 2008.
Employees that receive their core
pension from MCPS will receive a green statement.
Employees that receive their core pension from the State
of Maryland will receive a blue statement. Sample
statements are included below.Sample Statements:
Core
pension from MCPS
Core pension from the State of Maryland
Publications:
Understanding Your Retirement
Statement- A publication
that provides detailed explanations about information contained in the
retirement statement.
Understanding Your Retirement- A booklet created to
guide you through the retirement process.
Questions:
Questions about the Retirement Statements
If you have additional questions about your MCPS core or
supplemental pension statement please direct all questions in writing
to the Employee and Retiree Service Center, 7361
Calhoun Place, Ste. 190, Rockville, MD 20855.
Please include a copy of page 2 of the retirement
statement with your inquiry. Receipt
of your inquiry will be acknowledged with a confirmation
notice and expected response date.
For additional questions about your state core pension,
please contact the State Retirement and Pension System
of Maryland. They can be reached at 1-800-492-5909 or
via their Web site at
http://www.sra.state.md.us.
The State Retirement and Pension System of Maryland publication The
Mentor provides information on SRA-sponsored
pre-retirement seminars and a retirement checklist for
members within 12 months of retirement. Additionally,
the SRA publishes a bi-annual publication
Retiree News and Notes that provides helpful
information for "soon-to-be" and current retirees.
Retirement Workshops:
If
you are thinking about retiring in 2009, you should plan
to attend one of the ERSC-sponsored
workshops.
Retirement Estimate:
MCPS Core and Supplemental Benefit Estimate  Request
for Estimate of Retirement Benefits
(90K)
State Core Benefit Estimate
Request
for Estimate of Retirement Benefits
(88K)
Retirement Calculators--Sites to help you plan
for retirement!
www.ssa.gov/OACT/ANYPIA
The official Web site of the Social Security
Administration
www.medicare.gov
The official Medicare Web site
http://www.kiplinger.com/yourretirement
Kiplinger's magazine Web site.
www.tiaa-cref.org
TIAA-CREF has a section entitled "Calculators
and Planning Tools"
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