Please see the documents below to learn more about Retirement Benefits at UMBC. Questions? Please contact the Benefits Staff.
All Regular non-exempt employees (other than law enforcement officers) are required to join the Maryland State Modified Teachers/Employees Pension System (MSPS) immediately upon employment. Regular law enforcement officers are required to join the Law Enforcement Officers Pension System (LEOPS). Regular Exempt staff and faculty may elect to join either MSPS or the Optional Retirement Program; retirement election is permanent and irrevocable. Please see the following memo regarding recent (7/1/2017) law changes with respect to retirement election. Contingent employees are not eligible to join a retirement program, other than Supplemental Retirement.
Review the Pension Plan/Optional Retirement Program Comparison Chart for a general overview of plan differences.
Maryland State Retirement Agency
Optional Retirement Plan Information
ORP Pre-Retirement Seminars are held annually in April, and posted in myUMBC.
To schedule a one-on-one consultation with a member of the HR Benefits team, please email firstname.lastname@example.org (typically when you are within 12 months of retirement):