Retirees

Towson University Retiree Information

Retirees remain cherished members of the Towson family, enjoying access to various benefits tailored to their needs. We believe retirees remain integral to our vibrant community long after their formal careers have concluded, highlighting our commitment to lifelong connection and support.  These benefits include continued access to campus facilities, such as the library and recreational amenities, and participation in university events and cultural activities. Through these benefits, Towson University ensures that retirees remain engrained in its vibrant community.

Retiree Perks, Discounts, and Benefits

TU Retiree Perks 

As a retiree through the State of Maryland, faculty and staff receive retiree OneCards and retain former TU Net IDs to access perks and discounts. These include:

• Email access
• Free parking in TU faculty/staff lots
• Library privileges and e-resources
• Performance discounts 
• Software access
• Tuition Remission benefits
• Two free tickets to any home athletic event
• University Store discount
• OSHER discount
• Annual luncheon with the University President

• Visit the Welcome Desk in Burdick Hall for a complimentary gym membership

• OneCard access (contact Auxillary Services at 410-704-2284 or onecard AT_TOWSON)

Towson University Retired Faculty Association 

As a retired faculty member, you can join the Towson University Retired Faculty Association (TURFA). Membership in TURFA allows you to stay connected to the University and other retired faculty members to share information, scholarship, and social interaction. 

Retirement Benefits 

Whether you are enrolled in the Maryland State Retirement & Pension System or the Optional Retirement Program, planning for retirement is crucial to ensure a smooth transition from active employment to retirement.

Maryland State Retirement & Pension System (Pension Plan)

Participants in the Pension Plan should generate an estimate through mySRPS well before the planned retirement date. Once you receive an estimate, contact the HR Employee Benefits unit to schedule a pre-retirement counseling meeting. We will explain payment options, discuss required forms, review health benefits, and re-employment after retirement guidance. 

QUICK LINKS

• Maryland State Retirement & Pension System
• Retirement Handbooks
• Applying for Retirement
• Retirement Estimators
• Personal Statement of Benefits
• Pension Plan Newsletter
• Pension Plan Pre-Retirement Seminars and Webinars

Optional Retirement Program (ORP)

Retirement benefits are determined by the balance of your ORP account at retirement, which includes contributions from the University, plan expenses, and investment gains and losses. Contact the Employee Benefits unit to schedule a pre-retirement counseling meeting. 

ORP Vendors

• Fidelity Investments- 1-800-343-0860
• TIAA- 1-800-842-2252

Retiree Health Benefits & Medicare

Retiree health benefits are administered by the State of Maryland Employee Benefits Division. Eligibility for retiree health benefits for yourself and your eligible dependents is based on several factors, including years of service and whether you are enrolled in the Pension Plan or the ORP. Please consult the State of Maryland retiree health benefits web page for eligibility rules, subsidy information, and how you will pay for retiree health benefits.

Quick Links

• State of Maryland Retiree Health Benefits 
• Medicare Brochure
• The Official U.S. Government Site for People with Medicare

Social Security

Please visit the Social Security website to explore the many tools and resources available.

Tuition Remission Benefits

The University encourages retirees to utilize tuition remission benefits to enroll in eligible academic courses to improve skills or personal development. Typically, retirees can use the tuition remission benefits at Towson University or any school in the University System of Maryland. Review the Tuition Remission Summary (PDF) for more information or visit the Tuition Remission webpage.