RETIREMENT

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    As a condition of employment, any eligible employee must become a member of either the State of Maryland Pension System or the Aetna Pension Plan. Eligibility for the State systems will be governed by the rules and regulations established by the Board of Trustees of the Maryland State Retirement Systems. All newly employed certificated personnel must join the Maryland Pension System.  Benefits include a death benefit which provides payment of 100% of annual salary to one designated beneficiary, plus disability and service retirement. The death benefit and disability retirement is applicable to both the Aetna and the Maryland Pension System.

    Aetna Retirement 

     

    Maryland State Retirement/Pension System