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 18,095.4 187,290 68.3 100.0 Maryland State Retirement and Pension System
Maryland Teachers 32,802.9 211,407 76.2 100.0 Maryland State Retirement and Pension System
Baltimore Fire and Police 2,750.3 10,317 69.8 100.0 Baltimore Fire and Police Employees Retirement System
Montgomery County Maryland ERS 4,316.6 13,106 98.7 100.0 Montgomery County Employees Retirement System

Source: Public Plans Database (as of 2019)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2018

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 6.1 6.8

Source: Public Plans Database and Census of Governments.