 
Summary: October 28, 2011
MEMORANDUM
TO: Eligible Faculty and Staff
FROM: David R. Rieger
Assistant Director for Benefits
RE: Supplemental Retirement Annuity Contributions for 2012
This is to inform you that the Supplemental Retirement Annuity (SRA) deferral limits
have increase by $500 for individuals under age 50 for calendar year 2012. Therefore, if you
are under the age of 50, you may contribute up to $17,000 in 2012. The age 50 and over catch
up limit remains at $5500. If you are over age 50 you may contribute $17,000, plus an
additional $5,500 for a total of $22,500. The following information is provided to assist you as
you consider maintaining or increasing your contributions.
The plans currently available are the 401(k) with the Maryland Supplemental Retirement
Plan (only), and the 403(b) and 457(b) plans offered by Fidelity Investments, Maryland
Supplemental Retirement Plan, and TIAACREF. Employees may begin or continue current
deductions to either a 401(k) or a 403(b) plan and, in addition, open a 457(b) plan to defer
income beyond the maximum permitted with either the existing 401(k) or 403(b) plans.
Contributions up to the maximum can be made to both plans [i.e., $17,000 plus $5,500 ($22,500)
if over age 50 to the 401(k) or the 403(b), and an additional $17,000 plus $5,500 ($22,500) if
over age 50, to a 457(b)].
