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 | 18,250.8 | 188,172 | 68.7 | 100.0 | Maryland State Retirement and Pension System |
| Maryland Teachers | 33,215.0 | 214,062 | 77.0 | 100.0 | Maryland State Retirement and Pension System |
| Baltimore Fire and Police | 2,645.5 | 10,278 | 69.1 | Baltimore Fire and Police Employees Retirement System | |
| Montgomery County Maryland ERS | 4,333.5 | 13,340 | 99.2 | 100.0 | Montgomery County Employees Retirement System |
| Baltimore City Employees | 1,709.2 | 18,510 | 73.3 | 100.0 | Baltimore City Employees |
Source: Public Plans Database (as of 2020)
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 |