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State of Maryland Extends Health Benefits Open Enrollment

Due to a delay delivering the open enrollment packets to all institutions, The State of Maryland has changed the open enrollment period to October 15 through November 28. The Office of Human Resources expects to receive the open enrollment packets in late October.

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Retirement Plan Contributions – Teachers’ Pension System and ORP Participants

Employer contributions for participants in the Teachers’ Pension System and the Optional Retirement Program (ORP) are made over 20 pays during the academic year.  Participants in these systems will receive the first contribution for the 2018-2019 academic year in the September 5, 2018 pay check.

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Save the date! Annual Health Benefits Fair Coming Soon

As we approach the health benefits open enrollment this fall, please save the date for the annual benefits fair Friday, October 12, 2018 UU-Chesapeake Rooms 10:30 am – 1:30 pm More information coming soon.

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Mentor Newsletter – Retirement Agency Mailing Personal Statement of Benefits Next Month

The summer edition of The Mentor newsletter is available for active members of the Employees’ and Teachers’ Pension System. This issue contains information about your Personal Statement of Benefits, investment returns, and more!  This will be mailed to your home address in September.

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Fall 2018 Supplemental Retirement Plan Vendor Schedule

All faculty and staff are eligible to participate in the voluntary Supplemental Retirement Plans. Faculty and Staff can make pre-tax contributions to the plan directly from their paycheck. The plan vendors include Fidelity Investments, Nationwide Retirement Solutions, and TIAA.   The plan vendors have scheduled days on campus for an individual consultation. The fall advising […]

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Pre-Retirement Seminars for Members of the Pension System

The Fall 2018 Pre-Retirement Seminar Schedule is now available. These sessions are a valuable pre-retirement planning tool for all eligible members of the Maryland State Retirement and Pension System and their spouses. Pre-Retirement Seminars are designed to assist members within eight (8) years of being eligible to retire.  The seminars include presentations about the State […]

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Premium Holiday for Health Benefit Deductions

Regular faculty and staff will receive a “premium holiday” in the August 8 paycheck.  This means your August 8 paycheck will not have payroll deductions for any of your state of Maryland health benefits – medical, prescription, dental, term life, AD&D, and flexible spending accounts. If you have UNUM life insurance or long-term disability insurance […]

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Retirement Plan Contributions – Teachers’ Pension System and ORP Participants

Employer contributions for participants in the Teachers’ Pension System and the Optional Retirement Program (ORP) are made over 20 pays during the academic year.  Participants in these systems receive the last contribution for this academic year in the pay check dated May 30, 2018.  Contributions resume in the September 5, 2018 pay check.

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Notice Coming to Medicare-Eligible Retirees – Change to Retiree Prescription Drug Coverage

This month, the Department of Budget and Management (DBM) will mail a notice to all Medicare-eligible retirees about a change to the prescription drug coverage, which is effective January 1, 2019.   DBM also has information on their website about the change. If you have any questions, please call DBM at 410-767-4775.

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Free Wellness Coaching For Medical Plan Participants!

Faculty, staff, and dependents over the age of 18, enrolled in one of the State of Maryland medical plans, are eligible for free wellness coaching. For more information, watch make the call and call your health plan today! CareFirst: 800-783-4582 (option 6) Kaiser Permanente: 866-862-4295 United Healthcare: 800-478-1057 Take advantage of one of the great […]

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Benefits Bulletin – Open Enrollment, Benefits Fair and Outreach Sessions

The annual health benefits open enrollment provides an opportunity for faculty and staff to make changes to current benefits which become effective January 1, 2015.   The open enrollment period will be October 15 – November 14, 2014.  Distribution of open enrollment materials to Towson faculty and staff will begin late September – early October.  To […]

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Benefits Bulletin: Contract Renewals and Continuation of Benefits

All contingent staff, lecturers and part-time faculty members who are currently enrolled and paying for Maryland State group insurance benefits are reminded that those benefits are active only through the end of their current contract period as printed on their coupons. Direct pay employees who want to continue their current state benefits after the end […]

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