The Maryland State Retirement Agency (MSRA) has changed their requirements for FY25 that may impact your biweekly pension deduction. To comply, HCPSS must make changes to our Maryland pension deduction schedule. See attached for full details.
Changes to Number of Pension Deductions
- Months are worked (not paid)
- 11-month workers have no change
- 10-month and 12-month workers have no change in annual contribution; however, your per pay contribution will be lower as the annual contribution is spread over more periods, as noted above.
- Deduction dates can be found on Canvas/Workday Community Deduction Schedules