State Data » Maryland

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
Maryland PERS 22,577.5 186,316 72.1 100.0 Maryland State Retirement and Pension System
Maryland Teachers 41,120.8 215,206 80.2 100.0 Maryland State Retirement and Pension System
Baltimore Fire and Police 3,328.8 10,199 71.6 99.9 Baltimore Fire and Police Employees Retirement System
Montgomery County Maryland ERS 5,296.0 13,435 103.2 100.0 Montgomery County Employees Retirement System
Baltimore City Employees 2,105.5 18,572 77.1 100.0 Baltimore City Employees

Source: Public Plans Database (as of 2021)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2019

Fiscal Year MD US
2001 3.3 2.9
2002 2.9 3.0
2003 3.1 3.4
2004 2.9 4.2
2005 3.0 3.8
2006 3.1 3.7
2007 3.4 3.9
2008 3.9 4.2
2009 4.1 4.4
2010 4.8 4.6
2011 5.3 4.9
2012 5.4 5.0
2013 5.9 5.2
2014 5.3 5.6
2015 5.7 5.8
2016 6.1 6.1
2017 5.9 6.0
2018 5.9 6.4
2019 5.8 6.2

Source: Public Plans Database and Census of Governments.

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