Resources for Newly Hired Exempt Staff and Faculty
Welcome to UMBC!
Upon appointment, you must become a member of either the State Retirement and Pension System’s retirement plan or the Optional Retirement Plan. State Law requires a Retirement Selection PRIOR to your first day of employment.
Steps for New Hire Retirement Selection:
- Review the short video below
- Please review the Retirement Plan Comparison Chart and “Additional Resources” below
- Submit your Retirement Selection Form (DocuSign) by your departments deadline
- You should make this selection as soon as possible to avoid any delay in the receipt of your paycheck.
*Your Retirement Selection is irrevocable. If you have questions about plan differences contact firstname.lastname@example.org
Choosing a Retirement Program Book
Pension Plan/ORP Comparison Chart
Retirement Plan Selection Form