News and Upcoming Events for State Employees

The "Match is Back" $600/yr

Hands holding money with tree growing out $600/match


Starting July 1, 2023 - June 30, 2024 (FY24) the match to employee contributions to the Maryland State and Teacher Supplemental Retirement Plans (MSRP) 401(k), 457(b) and 403(b) has been funded for up to $600. This means that for every dollar an employee​ contributes during FY 2024, the state of Maryland will contribute a dollar on the employee'​s behalf until the maximum of $600 is reached.  ​​

Posted: 6/8/2023 9:00 AM

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