Search: Retirees, 12/14/2018

3 results

Results

Post

Update Direct Deposit

To change the bank or the bank account where your monthly retirement allowance is deposited, you must complete and submit a Form 85: Direct Deposit Electronic - Funds Transfer Sign-Up.

You must complete Section I of the form and a representative of your financial institution must complete Section II.

It takes between 30 – 45 days to update your direct deposit information. Therefore, do not close out the bank account where your monthly retirement allowance was previously deposited until you see that the deposit is now being made to your current account.

Post

Changing Your Mailing Address

In order for the Maryland State Retirement Agency to mail your annual 1099-R tax document, the bi-annual Retiree News and Notes newsletter and advice slips, it is important that you notify the Retirement Agency when you change your mailing address.  Just log into mySRPS to update your contact information. Click here for more information about mySRPS. 

You can also change your address but completing Form 77: Change of Address Form

Overview

Your Beneficiaries

When you retired, you were asked to complete a form naming the person or persons you would like to receive any available benefits payable after your death. Depending on the benefit option you chose at retirement, this could be a monthly payment for the lifetime of one beneficiary or a lump sum payable to one or more persons at your death.

Who are my beneficiaries?

Contact the Maryland State Retirement Agency to inquire whose name is on file as your designated beneficiary.