Retirement Estimate and Furlough Information
The Maryland State Retirement Agency is experiencing a significantly increased volume of requests for retirement estimates. You can expect at least an eight week response time. The Agency is handling these in retirement date order. First priority is being given to retirement estimates with a July 1, 2010 or earlier effective date. Second priority is being given to retirement estimates with an August—December 2010 effective date.
FY10 State Furloughs and Retirement
The fiscal year 2010 Furlough and Temporary Salary Reduction Plan for State of Maryland employees does not impact retirement benefits.
Furlough time is included in the calculation of earnable compensation and service credit. Similarly, the temporary salary reduction does not impact retirement benefits.
More information is available online at: http://dbm.maryland.gov/employees/Pages/EmployeeNotices.aspx