Maryland State Retirement and Pension System

The Maryland State Retirement and Pension System is a government-managed program that provides retirement benefits, pensions, and health care to eligible state and local government employees, teachers, and public safety workers. Funded through contributions from employees and the state, it ensures financial security for members after their careers. The system manages investments to grow its funds and pay future benefits. It aims to offer stable, reliable retirement income, helping public servants plan for their future financial needs.