Planning for Retirement

Important information regarding changes to retiree prescription drug coverage effective January 1, 2025 may be found on the Department of Budget and Management website.

UMB is closely monitoring so that we can best assist and counsel employees planning to retire.

To schedule a one-on-one consultation with a member of the HR Benefits team for retirement, please email HRBenefits@umaryland.edu 

Maryland State Retirement and Pension System (Pension Plan)

Maryland State Retirement and Pension System

Optional Retirement Plan (ORP)