The first state subsidy (RET/PEN SUB) for the MSRA Teacher’s Retirement/Pension and Optional Retirement Plan (ORP) for the 2013 fiscal year, as well as any required employee contribution, is scheduled to occur in the paycheck received on September 12, 2012 (for pay period ending September 4, 2012). Those employer subsidies and employee contributions will continue for 20 consecutive pay periods with the final subsidy and employee contributions occurring in the paycheck to be received on June 5, 2013 (for pay period ending May 28, 2013).
Questions should be directed to Dave Curtis, x46018 email: {dcurtis@towson.edu} or Gail Price, x46017, email: {gprice@towson.edu}
