Retirement Selection Form for New Hires

As a reminder, all Exempt Staff and Regular Faculty new hires must complete their Retirement Selection Form (RSF) on or before their first day of employment. Requests for exceptions/changes can no longer be made to the State.

Language regarding the need to select a retirement plan is included in the offer/appointment letter. Retirement plan selection is life-long and irrevocable.

Automatic Pension Enrollment: If the RSF is not filled out on or before the start date employees are automatically enrolled into the Employee/Teacher’s Pension system, per state law. There is an automatic 7% employee payroll contribution into their Pension Retirement.

Please keep this information in mind when discussing possible start dates. It is critical that sufficient time is provided between offer approval and the start/appointment date to meet payroll deadlines and for the new hire to complete all required documents.

Thank you for your support in making the onboarding process a positive experience for our new hires.

Questions regarding retirement plan selection may be sent to hrbenefits@umbc.edu

Questions regarding start dates may be sent to hrtalent@umbc.edu