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Retirement Enrollment Information: Contingent II Employees

In this section, you will find all of the information you need to make an informed decision about your employee retirement options. 

Review the New Employee Orientation Presentation

Retirement Benefits Overview

UMUC retirement plans are based upon exemption status and employment classification, and for certain segments of our workforce, programs and participation are mandatory under state law. In addition to these state-mandated programs, UMUC offers supplemental retirement annuity (SRA) plans through several providers. These plans are open to all employees.

Supplemental Retirement Annuity Information—All Employees

All employees are eligible to participate in any of the SRA plans offered by the following providers: Fidelity Investments, TIAA-CREF and Maryland Supplemental Retirement Plans (MSRP) - Nationwide. Participation in an SRA is voluntary, and you may enroll at any time. The plans offered are: 403b, 457b, and 401k.

Contributions to your SRA are deducted from your salary on a pre-tax basis and may be changed at any time during the year.  

To enroll in Fidelity Investments and/or TIAA-CREF, complete the appropriate USM Salary Reduction Agreement and Deduction Authorization Form for the vendor and plan of your choice (see below). Once your account is established, you will be placed in an age-appropriate Life Cycle Fund. The vendor will then mail you a welcome packet with contract information and instructions on reallocating your funds. For MSRP-Nationwide, you may allocate your funds upon enrollment.

SRA Plan Comparison Chart

2013 Contribution Limits

Vendor Information and Enrollment Forms