The Maryland Teachers & State Employees Supplemental Retirement Plans is dedicated to safeguarding the financial integrity and long-term sustainability of supplemental retirement benefits for public sector educators and state employees. Its core mission centers on ensuring accurate, transparent, and compliant administration of defined contribution plans through rigorous independent oversight.
Maryland Teachers & State Employees Supplemental Retirement Plans is a government agency with procurement activity across contracts, awards, and contractors.
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AI Mission Profile
The Maryland Teachers & State Employees Supplemental Retirement Plans is dedicated to safeguarding the financial integrity and long-term sustainability of supplemental retirement benefits for public sector educators and state employees. Its core mission centers on ensuring accurate, transparent, and...
The Maryland Teachers & State Employees Supplemental Retirement Plans is dedicated to safeguarding the financial integrity and long-term sustainability of supplemental retirement benefits for public sector educators and state employees. Its core mission centers on ensuring accurate, transparent, and compliant administration of defined contribution plans through rigorous independent oversight. Strategic priorities include enhancing actuarial soundness, strengthening internal controls, and maintaining fiduciary accountability through third-party audits of plan operations and financial reporting. The agency prioritizes governance excellence and regulatory adherence, with a focus on audit quality, risk mitigation, and alignment with state and federal retirement standards.
The agency procures specialized audit and assurance services to evaluate the accuracy, completeness, and compliance of retirement plan financial statements and operational procedures. Contracts are typically structured as performance-based service agreements, awarded through competitive solicitation processes to ensure objectivity and independence. These engagements are essential for validating plan solvency, detecting financial irregularities, and reinforcing public trust in retirement benefit administration.
The primary procurement category is Offsets of Certified Public Accountants (NAICS 541211), reflecting a consistent reliance on licensed, independent public accounting firms to conduct comprehensive financial audits of retirement plan assets and fiduciary activities. The agency does not currently employ set-aside programs or diversity contracting preferences, instead prioritizing auditor expertise, independence, and adherence to Government Auditing Standards (GAGAS). Vendor relationships are characterized by long-term engagement with firms demonstrating proven experience in public pension and retirement plan auditing.
Operated under the State of Maryland, the agency administers supplemental retirement plans for state employees and educators statewide, functioning as a fiduciary entity within Maryland’s broader public sector benefits framework. It utilizes formal competitive solicitation procedures to procure professional services, with procurement vehicles focused on service contracts requiring certified public accounting credentials and compliance with state and federal financial reporting mandates.
Recent Maryland Teachers & State Employees Supplemental Retirement Plans Contracts
The latest contract opportunities posted by Maryland Teachers & State Employees Supplemental Retirement Plans, including active solicitations and recent awards.
Maryland Teachers & State Employees Supplemental Retirement Plans$2Mest.
NAICS
541211
Posted date
Oct 2, 2025
Small Business ReserveASC-25 G50B6600001
Closed
Leadership and vacancies
Senate-confirmed and senior-executive posts at Maryland Teachers & State Employees Supplemental Retirement Plans and its sub-agencies, as published in the OPM Plum Book. These are leadership positions, not total employees.
Leadership posts
0
Filled
0
Vacant
0
Acting officials
0
No senior leadership posts resolved to this agency yet
Recent Maryland Teachers & State Employees Supplemental Retirement Plans Contracts
The latest contract opportunities posted by this agency, including active solicitations and recent awards.
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