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PensionWatch

Maryland State Retirement & Pension System

public plan · State of Maryland · Rockville, MD

ACTIVE
C
Pension Health Score
62/100
Funding Status69% Funded
0%80% threshold100%
$64.7B
Total Assets
$93.7B
Total Liabilities
$28.9B
Unfunded Liability
387,148
Participants

Funding History

What This Means for You

Maryland State Retirement & Pension System is 69% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $28.9B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$64.7B$93.7B69.1%$3.6B
2024$60.9B$98.1B62.1%$2.8B
2023$60.0B$86.8B69.1%$3.8B
2022$58.8B$77.2B76.2%$3.0B
2021$53.5B$76.7B69.7%$3.6B