Senate Bill 200 Bill Signing

On May 20, 2025, MSRP's Executive Director, Deputy Executive Director & CFO, and Director of Member Services thanked Governor Moore and Speaker Jones at the bill signing for the renaming bill, SB 200, which will remove the word "Teachers" from Maryland Teachers & State Employees Supplemental Retirement Plans as of July 1, 2025. This name change will better reflect the fact that the supplemental retirement plans are available to all eligible State employees.

Senate Bill 200 Bill Signing

Senate Bill 200 Bill Signing

 

$5.71 Billion

Plan Assets for 1st Quarter 2025

2.7%

Plan decrease from 4th Quarter 2024

64,049

Participants Accounts in MSRP Plans

3.44%

ICP Crediting Rate (as ofJune 1, 2025 Annualized))