How often can I change my contribution amount to my 403(b) and/or 457(b)?
You may make changes as often as needed. Changes must be made
directly through Workday.
You may make changes as often as needed. Changes must be made
directly through Workday.
All HCPSS employees are eligible to participate.
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.