RETIREMENT PLANS
How to tell which retirement plan you are enrolled in:
If you are enrolled in a retirement plan through the State Retirement and Pension System (SRPS) of Maryland, “St Emp Alt Pen” appears on your Earnings Statement as follows:
RIGHT SIDE OF Employee's Earnings Statement
TAXES/DEDUCTIONS / CURRENT / YEAR TO DATEST EMP ALT PEN / xxx.xx / x,xxx.xx
If you are enrolled in one of the Optional Retirement Plans (ORP) available to Exempt employees, it would appear as follows:
TIAA-CREF appears on Earnings Statement as “TIAA NCTR ORP”
Fidelity appears on Earnings Statement as “FDLTY NCTR ORP”
RIGHT SIDE OF Employee's Earnings Statement
TAXES/DEDUCTIONS / CURRENT / YEAR TO DATETIAA NCTR ORP / 0 / 0
Or
TAXES/DEDUCTIONS / CURRENT / YEAR TO DATEFDLTY NCTR ORP / 0 / 0
In addition to the mandatory retirement plans above, the voluntary Supplemental Retirement Plans (SRAs) would appear as follows on the Right Side of the Employee’s Earning Statement:
TIAA-CREF appears on Earnings Statement as “TIAA 403b or 401k or 457”
MSRP: (Nationwide Retirement Solutions) appears on Earnings Statement as
“Def Comp”
Fidelity appears on Earnings Statement as “FDLTY 403B or 457B”