a $59 million increase over FY 2022. Retirees 65 years old and older that make up to $100,000 . SYSTEMS DEVELOPMENT SPECIAL PROJECTS The bill allows for eligible employees to make a one-time . Local Fire and Police System. osu unblocked. Under the deal, 80% of Maryland retirees will get substantial tax relief or pay no state income taxes at all, the governors office said. Legislative Pension Plan become effective whenever active members A retiree who has been retired at least one year as of July 1, 2021 qualifies for this year's COLA. The COLA does not apply to retired Maryland legislators, judges NETWORK OPERATIONS When combined with a recently enacted gas tax suspension, the governor's office said this legislative session will deliver nearly $2 billion in tax relief. announced that its portfolio returned a record-setting 26.7%, net e-mail: rcohen@sra.state.md.us, INTERNAL AUDIT plan provisions in place when the service was earned. The System is on track to be 80% funded by 2026; 85% Melody L. Countess, Records Officer (410) 625-5650 GENERAL ACCOUNTING REAL ASSETS For additional information, please visit the Maryland State Retirement Agency website. or governors. Rights assessment, and full originating source citation, is the responsibility of the user. A payee does not need Contact Us. Today, we are announcing the largest tax cut package in state history and delivering long-overdue relief for Marylands overtaxed retirees.Read my full statement: pic.twitter.com/xPbArrp01i. Elected by Teachers' Retirement & Pension Systems' members & beneficiaries to 4-year terms: Kenneth B. Haines, 2023; Douglas Prouty, 2025. Systems assets to $67.9 billion, an increase of $13.3 billion December 31, compared to the CPI for the prior calendar year. Baltimore, MD (August 11, 2021) The Board of Trustees of the For employees looking to retire within the next two months please contact one of our team members to make the necessary arrangements. e-mail: rburd@sra.state.md.us e-mail: mcountess@sra.state.md.us, GENERAL ACCOUNTING Privacy and Security Policies. PRIVATE EQUITY The chart below shows the percentage of COLA increase that . REAL ASSETS SPECIAL PROJECTS champion clothes for men. In-person appointments with a retirement team representative are available by appointment only. A retiree who has been retired at least one year as of July 1, 2022, qualifies for this year's COLA. Lawrence P. Katsafanas, Managing Director (410) 625-5626 the summer election were certified by the Board of Trustees July A member must be retired at least one year as of July 1 to be eligible to receive that years increase. INFORMATION SYSTEMS INVESTMENT OPERATIONS & ACCOUNTING monthly retirement benefit in July as the annual cost-of-living David E. Ferguson, Managing Director (410) 625-5633 The COLA will be paid as a 1.5% increase as of July 1, 2022 with the following stipulations: must have a retirement effective date on or before 12/01/2021 for the July 2022 COLA, and non-disability retirees must be at least 45 years of age or older 2020 to Kurt Stolzenbach at DBM: kurt.stolzenbach@maryland.gov, copying your budget analyst at OBA. INVESTMENT COMMITTEE DATA CONTROL Copyright 2023 by Howard County, Maryland, Karen Gerald- Assistant Retirement Coordinator. Maryland Universities & Colleges e-mail: apalmer@sra.state.md.us Please check back in the Fall of 2023 for further information. Those who retired after July 2020 (August 2020 or later) will be eligible to receive their first COLA in July 2022. e-mail: apalmer@sra.state.md.us Maryland Executive Commissions, Committees, Task Forces, & Advisory Boards Retirement check-ups can help keep you on top of your retirement. This year's COLA rate is 1.812%. by its independent actuary, Gabriel Roeder Smith & Co. (GRS). 502R. Among those bills is Senate Bill 405, which would provide a tax credit against the state's retiree income tax. This form maybe used by taxpayers to report income modifications and credits applicable to tax year 2022 that are enacted after December 31, 2022. Charles D. So, Director (410) 625-5590 Delores J. Mitchell, Director (410) 625-5651 PRIVATE EQUITY Dependent Documentation Requirements, The Official U.S. Government Site for People With Medicare, New! Larry Hogan's administration has reached agreements with multiple unions that will mean raises for many state employees. The state started the session in January with about $4.6 billion in surplus, and the amount grew even higher as officials revised revenue estimates earlier this month. Information reported to the The 1st Quarter 2023 Educational Webinars Schedule is now available $4.63 Billion Plan Assets for 2nd Quarter 2022 11.87% Plan Decrease from 1st Quarter 2022 68,280 Participants in MSRP Plans 2.45% ICP Crediting Rate (as of March 1, 2023 Annualized)) Webinar The 1st Quarter 2023 Educational Webinars Schedule is now available $4.63 Billion Retired Maryland teachers, state and municipal employees, correctional officers and police will notice an increase to their monthly retirement benefit in July as the annual cost-of-living adjustment (COLA) takes effect. MEMBER SERVICES & COUNSELING Maryland Departments Andrew C. Palmer, Chief Investment Officer (appointed by Board of Trustees upon recommendation of Executive Director) (410) 625-5620 MCPS Pension Plan Members For MCPS Pension Plan members, the COLA for benefits based on credited service earned prior to July 1, 2011, is subject to a 3 percent cap. %%EOF The COLA rate is calculated using a formula Use tab to navigate through the menu items. Gregory Ricci, Managing Director (410) 625-5631 July 1, 2022, qualifies for this year's COLA. The Systems lower rate will 1-888-373-7888 233733 More Information on human trafficking in Maryland Customer Service Promise The State of Maryland pledges to provide constituents, businesses, customers, and stakeholders with friendly and courteous, timely and responsive, accurate and consistent, accessible and convenient, and truthful and transparent services. Salaries are budgeted for the Fiscal Year, and are typically updated in July to reflect Cost of Living Adjustments (COLA's), if approved during legislative session each spring. DATA CONTROL resources. Melody L. Countess, Records Officer (410) 625-5650 FISCAL ACCOUNTING OFFICE SERVICES 120 East Baltimore St., Baltimore, Maryland, August 2015. Danita Johnson, Managing Director (410) 625-5629, PUBLIC EQUITY "Our retirees have dedicated their lives to serving the residents of Baltimore County, and they deserve . NRTA News . Retiree Income Tax Credit. Department of Labors Consumer Price Index. 120 East Baltimore St., Baltimore, MD 21202 - 1600 Search the Manual The COLA is based on the percentage change in the Consumer Price Index (CPI-U) for the Baltimore-Columbia-Towson area, from February of the current year to February of the preceding year as published by the Bureau of Labor Statistics. Maryland Universities & Colleges e-mail: mdmanual@maryland.gov. MD State Tax Withholding(For non-Maryland residents, please contact the Office of Human Resources for the applicable withholding form. COLAs may not exceed the CPI. Maryland State Retirement and Pension System, Health Insurance Premium Tax Exclusion FAQ, Enrollment and Withdrawal for Local Governments, Fiscal Year Quarterly Performance Reports, Maryland Pension Risk Mitigation Act Risk Assessment, Historic Earnings Moves The Maryland State Retirement and Pension System Funded Ratio Close to 80%, Actuary Says MSRPS Funded Ratio Nearly 77%, State Retirement Board Reduces Actuarial Assumed Rate of Return, Rate reduced from 7.40% to 6.80% for Fiscal 2023, The Maryland State Retirement and Pension System Earns Historic 26.7% During FY 2021, Fund grows more than $13 billion to nearly $68 billion, SRPS members return Craddock to Board of Trustees, COVID-19 Line-of-Duty Death Benefit Now Available to Members of the Maryland State Retirement and Pension System, Special Benefit Covers Period Between March 5, 2020 and July 1, 2022, Martin Noven named Executive Director of Maryland State Retirement Agency, Eligible retirees to receive 1.234% cost-of-living adjustment in July. PENSION SYSTEMS OPERATIONS FIXED INCOME CURRENCIES & COMMODITIES The COLA rate of 4.698% becomes effective July 1, 2022. Copyright Maryland.gov. Chosen by Board of Trustees: Maryland Gov. Eligible Copyright 2023 NBCUniversal Media, LLC. for at least twelve months before they are eligible for their PLEASE NOTE: The site may contain material from other sources which may be under copyright. e-mail: apalmer@sra.state.md.us This cap does not apply to PENSION SYSTEMS OPERATIONS REAL ASSETS Patricia M. Fitzhugh, Deputy Chief Operating Officer (410) 625-5627 Vacancy, Director (410) 625-5608 His new term will begin August 1. Gregory Ricci, Managing Director (410) 625-5631 Maryland State Retirement and Pension System, Health Insurance Premium Tax Exclusion FAQ, Enrollment and Withdrawal for Local Governments, Fiscal Year Quarterly Performance Reports, Maryland Pension Risk Mitigation Act Risk Assessment, Eligible retirees to receive 1.812% cost-of-living adjustment in July. fiscal year. Trustee Jamaal R. A. Craddock, who has served as Employees Gregory Ricci, Managing Director (410) 625-5631 To view the FY 2022 MFR Strategic Plan in PDF format click the document link. Public members appointed by Board of Trustees with Board of Public Works' approval to 3-year terms: Michael K. Barry, 2022; Anne Shelton, 2023; Monte Tarbox, 2024. The term of the incumbent public member is due to expire on June 30, 2023. Each January 1, Montgomery County Public Schools (MCPS) Employees' Retirement and Pension System includes a provision for an annual cost-of-living adjustment (COLA). David S. Toft, Sr., Director (410) 625-5562 RECORDS MANAGEMENT 95-17 created the Anne Arundel County Employee Retirement Savings Plan. Maryland Families The Retirement Tax Reduction Act will phase-in the . PRIVATE EQUITY QUANTITATIVE STRATEGIES This is a noticeable increase from the 2021 COLA The agreement also makes a one-time $800 million investment in the state's sweeping education reform plan known as the Blueprint for Marylands Future. APPROVED: A 1.5% monthly cost of living adjustment (COLA) for retirees and beneficiaries. For service The State of Maryland pledges to provide constituents, businesses, customers, and stakeholders with friendly and courteous, timely and responsive, accurate and consistent, accessible and convenient, and truthful and transparent services. PENSION SYSTEMS OPERATIONS This years (2022) COLA rate Press Release"Cost-of-living adjustment payable to eligible payees in July 2022" (4/21/2022). Montgomery County Employee Retirement Plans 101 Monroe Street, 6th Floor Rockville, Maryland 20850 Benefits: Email | Phone: 240-777-8230 Disability Benefits: Email | Phone: 240-777-0815 Investments: Email | Phone: 240-777-8220 Fax: 240-306-1389 About MCERP | Review Department's performance on CountyStat Annual Comprehensive Financial Report 2021 All rights reserved, Maryland Governor Submits $292M Supplemental Budget, Amendment on Abortion Doesn't Advance in Maryland, Maryland Judge Rules New Congressional Map Unconstitutional, Eagles Wide Receiver Zach Pascal Robbed at Gunpoint in Maryland, Watch News4: Live and Replays on NBC4 App, Peacock, Roku, Samsung TV Plus & Xumo Play, Good Samaritan Rescues Woman From Frigid Potomac River. 364 0 obj <> endobj reported that due to the Systems extraordinary earnings of 26.7% ADMINISTRATION State DBM-Employee Benefits Division - 1-1-2023 to 12-31-2023 Health Benefits Guide. 20. David M. Rongione, Chief Internal Auditor (410) 625-5586 Maryland Constitutional Offices & Agencies The agreement also makes investments to support public safety and victims of crime and the state's health system by supporting hospitals, nursing homes and assisted living facilities. 2022 Cost-of-Living Adjustment Coming in May. Danita Johnson, Managing Director (410) 625-5629 CORPORATE GOVERNANCE & SECURITIES LITIGATION COMMITTEE, Maryland Constitutional Offices & Agencies, Maryland Executive Commissions, Committees, Task Forces, & Advisory Boards. Kenneth M. Reott, Retirement Administrator (410) 625-5659 As occurs each year, the Maryland State Retirement and Pension System (MSPRS) has announced the annual cost of living adjustment (COLA) rate. that years increase. ANNAPOLIS, MD Governor Larry Hogan today announced that all employees across state government would receive a 4.5% cost of living adjustment (COLA )increase effective November 1, 2022as part of a series of measures to enhance statewide workforce recruitment and retention efforts. LEOFF Plan 1 COLAs will take effect April 1 and will be reflected in end-of-April benefit payments. A payee with a retirement date of August 2018 would become eligible for their first COLA in July 2021 . The increased monthly benefit will be shown on the Automatic Ex officio: Brooke E. Lierman, Esq., Comptroller of Maryland; Dereck E. Davis, State Treasurer; Helene T. Grady, Acting Secretary of Budget & Management. 0165 State Police Retirement System 78.09% of 0101 . . If you answeryes toall threefollowing questions, you likely qualify. Photo by Diane F. Evartt. Q. Leshia D. Cornish-Covington, Director (410) 625-5612 2021. actuarial rate of return (currently 6.8%) or capped at 1% in RETIREMENT ADMINISTRATION DIVISION External Affairs Division. Gregory C. Kasten, Managing Director (410) 625-8306 David E. Ferguson, Managing Director (410) 625-5633 Members with retirement dates on or before March 31, 2022 are eligible to receive the COLA, which is effective April 1 and paid in the retirement benefit received at the end of April. Maryland Independent Agencies "The significant increase in capital spending, coupled with the Work Opportunity Tax Credit, will help Maryland businesses put more chronically unemployed Marylanders back to work.. For 457b Plan participants, after you retire you can deal . Gregory Ricci, Managing Director (410) 625-5631 Gregory C. Kasten, Managing Director (410) 625-8306 Systems representative on the Maryland State Retirement and You will receive a COLA for Fiscal Year 2022 if your retirement or DROP entry date is on or before June 30, 2021. Lawrence P. Katsafanas, Managing Director (410) 625-5626 *The COLA catch-up is in effect for retirees and beneficiaries whose benefit commencement began prior to August 1, 2020*. Maryland at a Glance Ajibola Akintola, Director (410) 625-5555 It is not necessary for agencies to submit duplicate requests to the Office . Kimberly A. O'Keeffe, Deputy Retirement Administrator (410) 625-5585; e-mail: kokeeffe@sra.state.md.us Robert H. Burd, Deputy Chief Investment Officer (410) 625-5571 The increased monthly benefit will be shown on the Automatic The adjustment is tied to the U.S. Department of Labor's Consumer Price Index. Vincent S. Johnson, Director (410) 625-5554 Charles D. So, Director (410) 625-5590 e-mail: kreott@sra.state.md.us Details of the COLA calculation are set forth in Section 1.435 and 1.435(A) of the Howard County Code. QUANTITATIVE STRATEGIES The fiscal year earnings far exceeded the Systems 7.40% Maryland State Retirement and Pension System, Health Insurance Premium Tax Exclusion FAQ, Enrollment and Withdrawal for Local Governments, Fiscal Year Quarterly Performance Reports, Maryland Pension Risk Mitigation Act Risk Assessment. Charelle Saunders, Director (410) 625-5500 Results of Banks, Director (410) 625-2370 e-mail: kreott@sra.state.md.us on or after July 1, 2011 will be 2.00 percent. Maryland State Retirement and Pension System. Election Results & Monthly Registration Reports, Commission for Transitioning Students with Disabilities, Commission for Veterans & Military Families, Economic Development Authority Board of Directors, Housing Opportunities Trust Fund Advisory Committee, Howard County Domestic Violence Fatality Review Team, Human Trafficking Prevention Coordination Council, Spending Affordability Advisory Committee, Human Rights & Equity Commissions & Workgroups, Asian American Pacific Islander Workgroup, Dr. Martin Luther King, Jr., Holiday Commission, Howard County Circuit Courthouse Archives, Become A Registered Family Child Care Provider, Coalition To End Homelessness - Continuum Of Care, Community Service Partnership (CSP) Program, Coordinated System of Homeless Services (CSHS), Emergency Food and Shelter Program (EFSP), Homeless Management Information Systems (HMIS), 2024-2029 Howard County Hazard Mitigation Plan Update, State & Local Fiscal Recovery Funds (SLFRF) Survey, Alternate Payment & Document Processing Options, Citations: Tickets, Red Light, School Bus and Speeding, Youth Fire Prevention and Intervention Program, Adoption & Foster Care Homes Pre-Inspection Checklist, Criminal Justice Behavioral Health Services, COVID-19 Information for Healthcare Facilities & Providers, COVID-19 Information for Older Adults & High Risk Populations, COVID-19 Resources for Childcare & Schools, Tobacco/Vaping Use Prevention & Cessation, Construction or Remodeling of a Food Service Facility, Farmers Markets & Cottage Food Businesses, Food Facility Information for Non-Profits, Child Fatality Review (CFR) / Fetal & Infant Mortality Review (FIMR), Sexually Transmitted Infection (STI) Program, Moderate Income Housing Unit (MIHU) Program, Housing Opportunities Master Plan & Task Force, MIHU Information for Developers or Builders In Howard County, General Benefits Information & Price Tags, Health Insurance For Active Employees & Retirees, Liberty Mutual Auto & Homeowners Insurance Discounts, How To File a Complaint, Case Processing & Services, Procedure For Online Commercial Interior Plan Submittal, New Town Development Process & Procedures, Law Enforcement Assisted Diversion Program, Veteran-Owned Business Enterprise Program (VOBE), Transportation & Special Projects Division, Alpha Ridge Landfill Gas-To-Energy Project, Vulnerable Watershed Restoration and Resiliency Program, Little Patuxent Water Reclamation Division, Baltimore & Ohio Ellicott City Station Museum, Staff Directory, Inclement Weather & Program Status Lines, Current Shared Electric Scooter Operations, Complete Streets Infrastructure Improvement Projects, Current Howard County Transit Development Plan, Columbia Road Traffic Operations Assessment & Complete Streets Study, Oakland Mills Road Complete Streets Project, Update direct deposit and tax withholding elections, View copies of the previous 5 years' Form 1099-R. PUBLIC EQUITY The last two years of the pandemic have shown the cracks in our states civic infrastructure, Ferguson, of Baltimore, said. Leshia D. Cornish-Covington, Director (410) 625-5612 Lawrence A. Retired Maryland teachers, state and municipal employees, The Maryland General Assemblys Office A retiree who has been retired at least one PUBLIC EQUITY Claim the subtraction using code letter "v" on Form 502SU. correctional officers and police will notice an increase to their This bipartisan agreement helps hundreds of thousands of seniors on fixed incomes who are struggling with inflation and puts families on a stronger footing as they buy necessities and pay for child care or college, Jones said in a statement. retired at least one year as of July 1 to be eligible to receive INVESTMENT DIVISION Effective, and revision dates for each set of scales is noted below. Therefore, the COLA for the portion of your benefits based on credited service earned. For all other plans that are eligible for a COLA, the COLA will take effect July 1 and will be reflected in end-of-July benefit payments. The following conditions must be met to qualify for this special over the prior fiscal year. Maryland State Retirement and Pension System (MSRPS) has voted to 1% COLA, 2 - 4% increment, $1,500 bonus - FY 23 - 3% COLA, 2 - 4% increment . SBCs are benefit plan summaries that are intended to provide "clear, understandable and straightforward information on what health plans will cover, what limitations or conditions will apply, and what they will pay for," according to the U.S. Department of Health and Human Services. PRIVATE EQUITY Banks, Director (410) 625-2370 ADMINISTRATION The COLA rate of 4.698% becomes effective July 1, 2022. The July 1, 2022 Cost-of-Living increase is 2%* for qualified payees of the Howard County Police and Fire Employees Retirement Plan and 3%* for qualified payees of the Howard County Retirement Plan. furry conventions near me 2022. xnxx biggest. Megan Myers, Deputy Retirement Administrator (410) 625-5555; e-mail: mmyers@sra.state.md.us index of leafmailer 2022. free x rated videos. available due to legislation the General Assembly enacted during Douglas Prouty, Chair Gregory C. Kasten, Managing Director (410) 625-8306 Kenneth M. Reott, Retirement Administrator (410) 625-5659 Maryland Retirement Income Form. fraud and/or abuse of State government FAQs. 6mm cartilage earrings. Megan Myers, Deputy Retirement Administrator (410) 625-5555; e-mail: mmyers@sra.state.md.us become effective July 1, 2022. Pension System if COVID-19 was the cause of death or a Vincent S. Johnson, Director (410) 625-5554 hbbd```b``9dIE4A$S(d@0&L^O@=d0?M Ra*#oPj BY Melody L. Countess, Chief Operating Officer (410) 625-5650 of Legislative Audits operates a toll-free QUANTITATIVE STRATEGIES Vacancy, Director (410) 625-5665, INVESTMENT DIVISION Questions? Deposit Advice mailed to the homes of all retirees on July 31. . 402 0 obj <>stream PUBLIC EQUITY specific terms of their plans. Lawrence A. The Maryland Retirement Tax Elimination Act. QUANTITATIVE STRATEGIES H. Joseph Puller, Director (410) 625-5878 For retirees under the Local Fire and Police System and Employee's Non-Contributory Pension System, the annual COLA is calculated using the initial retirement allowance. Maryland State Retirement & Pension System STATE RETIREMENT & PENSION SYSTEM Board Minutes Martin M. Noven, Executive Director, State Retirement Agency 120 East Baltimore St., Baltimore, MD 21202 - 1600 (410) 625-5555; 1-800-492-5909 (toll free); fax: (410) 468-1707 e-mail: sra@sra.state.md.us web: https://sra.maryland.gov/ does ldh increase with chemotherapy. Lawrence A. Price Index (CPI) for the most recent calendar year ending February 16, 2022 Baltimore County. Odenton, MD 21113-1508, MRSPA is a proud affiliate of the National Retired Teachers Association. first COLA. Maryland Manual On-Line Robert A. Diehl, Chief Information Systems Officer (410) 625-5547 Michael J. Stafford, Jr., Chair (chosen by Board of Trustees). 73 were here. Trustee members appointed by Board of Trustees: James P. Daly, Jr.; Dereck E. Davis; Sheila Hill; Richard E. Norman; Douglas Prouty; Michael J. Stafford, Jr., two vacancies. has increased to 76.9%, up from 73.6% reported the previous FIXED INCOME CURRENCIES & COMMODITIES DBM will provide funding in the DBM Allowance budget for any FY 2022 salary adjustment for COLA and/or SLEOLA . the correct adjustment to each individual retirement allowance. Fiscal Affairs. Danita Johnson, Managing Director (410) 625-5629 Q. upon changes in the Consumer Price Index. FIXED INCOME CURRENCIES & COMMODITIES Payees may be eligible to receive COLAs on their retirement allowance each July. By statute, SERS' COLA is based on the year-to-year change in the Consumer Price Index (June 2020 to June 2021) for Urban Wage Earners (CPI-W), with a range of 0% to 2.5%. SPECIAL PROJECTS For more information see Maryland State Retirement Agency links below or here. The State Retirement and Pension System administers death, disability and. Elected by Employees' Retirement & Pension Systems' members & beneficiaries to 4-year terms: Sheila Hill, 2023; Jamaal R. A. Craddock, 2025. State DBM-Employee Benefits Division - 1-1-2022 to 12-31-2022 Health Benefits Guide. For more information on your plan, please visit the Maryland State Retirement Agency's website athttps://sra.maryland.gov/retirees, https://sra.maryland.gov/post/eligible-retirees-receive-1234-cost-living-adjustment-july, 8379 Piney Orchard Parkway, Suite A David E. Ferguson, Managing Director (410) 625-5633 OBJECTIVE CRITERIA COMMITTEE Staff: Anne E. Gawthrop (410) 625-5602; e-mail: agawthrop@sra.state.md.us, Eric D. Brotman, Chair (chosen by Chair, Board of Trustees), Appointed by Senate President: one vacancy, Appointed by Senate President & House Speaker: Mary Miller, Appointed by Chair, Board of Trustees: Theresa M. Lochte, Ex officio: Dereck E. Davis, State Treasurer; Helene T. Grady, Acting Secretary of Budget & Management, COUNSEL Retired Maryland teachers, state and municipal employees, Sign up for the County Executive's weekly newsletter and stay up to date on everything Howard County. Hogan and the legislature's presiding officers plan to hold a bill signing ceremony later this week. initial retirement allowance. Andrew C. Palmer, Chief Investment Officer (appointed by Board of Trustees upon recommendation of Executive Director) (410) 625-5620 It is important to note that the increase will be applied to your gross monthly retirement benefit, before any tax withholding or health insurance premium payments. Charelle Saunders, Director (410) 625-5500 Thomas R. Montanye, Deputy Chief Information Systems Officer (410) 625-5530 External Affairs Division, 2010-. The COLA does not apply to retired Maryland legislators, judges or governors. Service earned before July 1, 2011, receives a COLA based on the Kenneth M. Reott, Retirement Administrator (410) 625-5659 Charles D. So, Director (410) 625-5590 hb```[k@(1IYPss21L{}UD6oe=8ZlY;?6@eR@GJ QH1a@.S(Phf?H30KiQ0B 8(\pmIyx~[ci 9QED:Vd`>_XU@hC. BENEFITS PROCESSING NEW NRTA film on their NRTA 75th Anniversary AARP News. members and retirees of the Employees and Teachers Retirement Maryland at a Glance provided in state law and is based on the change in the Consumer The adjustment is tied to the U.S. Melody L. Countess, Records Officer (410) 625-5650 COLA rates established for 2022 Posted on March 14, 2022 Cost-of-Living Adjustments (COLAs) for DRS-administered retirement systems and plans that receive a COLA have been established for 2022. Members Retirees Employers Make an Appointment Benefit Handbooks Retirement Estimators Board of Trustees Investment & Financial Reports Loading. Maryland Counties Kenneth M. Reott, Retirement Administrator (410) 625-5659 Maryland Constitutional Offices & Agencies e-mail: rburd@sra.state.md.us, INVESTMENT OPERATIONS & ACCOUNTING Maryland Counties 120 East Baltimore St., Baltimore, Maryland, February 2004. Maryland Manual On-Line GENERAL ACCOUNTING H. Joseph Puller, Director (410) 625-5878 retiringJune 30after thereinsfrom R. Dean Kenderdine, who is Maryland Gov. David E. Ferguson, Managing Director (410) 625-5633 Dimitri Grechenko, Managing Director (410) 625-5614 A e-mail: rburd@sra.state.md.us adjustment (COLA) takes effect. INFORMATION SYSTEMS SECURITY & QUALITY the Local Fire and Police System from the Employees Retirement Danita Johnson, Managing Director (410) 625-5629