Maryland State Retirement and Pension System

The Maryland State Retirement and Pension System, established in 1941 and located in Baltimore, Maryland, serves as a government pension plan sponsor. It administers retirement, disability, and death benefits for active and former members, including state employees, teachers, state police, judges, law enforcement officers, correctional officers, and legislators. This multi-employer defined benefit system comprises various components, including the Teachers' Retirement and Pension Systems, Employees' Retirement and Pension Systems, State Police Retirement System, Judges' Retirement System, and the Law Enforcement Officers' Pension System. The fund's investment portfolio includes allocations to public equity, private equity, fixed income, real assets, and absolute return strategies, managed by an executive team dedicated to ensuring the financial sustainability of the benefits provided to its members.