How can I begin my retirement proceedings?
To notify HCPSS of your Intent to Retire, please fill out this form.
Staff may access the HCPSS and MSRA Retirement Package online.
To notify HCPSS of your Intent to Retire, please fill out this form.
Staff may access the HCPSS and MSRA Retirement Package online.
Yes, HCPSS accepts unused accumulated sick leave from any former employer that is a Maryland Public School System, including the Maryland School for the Blind and School for the Deaf. HCPSS also currently accepts transfer of unused accumulated sick leave from the Maryland Department of Education (MSDE). Please initiate the Sick Leave Transfer form to your previous employer within 60 days of your date of hire.
Your HCPSS Retirement Specialist is assigned based on your last name:
“Grandfathered employees” refers to those employees who qualify for a 100% Board subsidy for their medical benefits in retirement. Grandfathered employees must have had at least 25 years of consecutive service as of July 1, 2009, must be retiring with at least 30 consecutive years of service, must be Medicare eligible, and must be enrolled in medical benefits for a minimum of one year prior to retirement.
At the time that you retire, your active employee life insurance amount is reduced by 10%. It continues to reduce by 10% on each of the next four anniversaries of your retirement date, until it is worth 50% its original value, and then it does not depreciate any further. Retiree life insurance remains at 50% its original value until the retiree passes away.
Contact your 403(b) provider to obtain the required forms. Once completed, sign, date and email the entire completed packet to Benefits@hcpss.org as a PDF, for Plan Administrator signature.
The Benefits Office Customer Service Number is 410-313-7333. You may also email benefits questions to Benefits@hcpss.org.
Please follow the instructions below to allocate a salary reserve to the 403(b)/457(b). If salary or payout date information is needed, please email payroll@hcpss.org for further assistance. We want to ensure you have the correct information before processing your request.
Email the following to Benefits@hcpss.org at least 4 weeks prior to the deduction date:
Name of 403b/457b carrier: ________________
Total deduction dollar amount: ________________
The check date of the transaction (that you will receive the payout): ________