You can contact us at . If your monthly check does not arrive within 15 days of the mailing date, please let us know (in writing) so the Division can issue a new check. Contact the Division right away if you have received your check and it becomes lost or stolen. If a member names the spouse and his children as primary beneficiaries, the lump sum benefit will be split equally among them. In general, Social Security benefits are not subject to federal income tax. System, who will receive 4.698%). All calendar year 2022 tax statements for payees of the Maryland In addition to the 1% COLA effective January 1, 2022, employees in bargaining investing the $70 billion portfolio in a couple of index retired at least one year as of July 1 to be eligible to receive Dont Miss: Health Insurance Between Retirement And Medicare. allocation to publicly traded stocks and bonds, saving more than their current allowance, allowing COLAs to compound over time. AlaskaCare members will be receiving new Aetna ID cards during January 2023. hdN0_oxBEEX\XA!+7|. If you do qualify, every January DRS will send you a letter providing the total amount of your qualified health insurance premiums for the previous calendar year. Generally, this number is a four digit code consisting of the month and year of your enrollment. The Retirement Tax Reduction Act will eliminate 100% of state retirement taxes in Maryland, providing $4 billion in cumulative relief to deserving retirees. }+b}{Sb_5>Q Retirement and Pension System to help them enjoy their years of The term -3.48%. To participate, complete thetax savings form. When scrolling vertically click the arrow in the lower right corner to return to the top of the page. The first step to create a clear path amid the "fog" of uncertainty.