Invitation for Bids: On-Site Data Entry Services

Download full article

Governor Martin O’Malley has appointed Linda Herman, Executive Director of the Montgomery County Employee Retirement Plans (MCERP), to a newly-created 15th seat on the Board of Trustees of the Maryland State Retirement and Pension System. The board was expanded to include an additional trustee to represent the interests of county governments as a result of legislation passed during the 2013 General Assembly session.

James A. Bush, Jr., and Kenneth B. Haines have been elected this spring to the Maryland State Retirement and Pension System Board of Trustees. Trustee Bush, a budget analyst with the Maryland Transit Administration, was elected by members and retirees of the Employees’ Systems. He previously served as a trustee of the Baltimore City Employees Retirement System and the Baltimore City Elected Official Retirement System for 10 years, the last three as board chairman. He then was employed as a financial advisor with Merrill Lynch. Mr. Bush holds degrees in business/finance and chemistry from the University of Baltimore and Loyola University, respectively.

If you want to meet with a highly-trained retirement benefits specialist, try our new appointment scheduling website.

Beginning on May 14, 2013, eligible members and retirees of the Employees’ Systems (Correctional Officers’ Retirement System, Employees’ Retirement System, Employees’ Pension System, Judges’ Retirement System, the Legislative Pension Plan, the Local Fire and Police System, and the Law Enforcement Officers’ Pension System) will have the opportunity to cast their votes in the 2013 Employees’ Systems Trustee Election. This election will utilize the State Retirement Agency’s electronic voting process. Electronic voting allows members and retirees to cast their votes either through an Interactive Telephone Response System or through the Internet. This system alleviates many of the issues associated with traditional paper ballots, while providing you with a secure, accurate method for casting your vote.

Eligible retirees and beneficiaries of the Maryland State Retirement and Pension System will receive a 2.069% increase in their retirement payment in July 2013 as the annual cost-of-living adjustment (COLA) takes effect. Since this year’s COLA rate does not exceed the system limit or cap in place for retirees of the Pension System, all eligible retirees will receive the full COLA applied to their monthly benefit payable July 31, 2013.