California Public Employees Retirement System (CalPERS) vs Maryland State Retirement & Pension System
Side-by-side pension health comparison from DOL and public plan data
Verdict
Maryland State Retirement & Pension System has a stronger Pension Health Score of 67/100 (B) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 4.8 percentage points (72.1% vs 67.3%). Maryland State Retirement & Pension System covers 398,000 participants.
| Metric | California Public Employees Retirement System (CalPERS) | Maryland State Retirement & Pension System |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 58/100 (C) | 67/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 67.3% | 72.1%* |
| Total Assets | $473.0B | $61.0B |
| Total Liabilities | $703.0B | $84.6B* |
| Unfunded Liability | $230.0B | $23.6B* |
| Participants | 2,050,000 | 398,000 |
| 1-Year Investment Return | 5.8% | 5.8% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of California | State of Maryland |
Maryland State Retirement & Pension System has a stronger Pension Health Score of 67/100 (B) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 4.8 percentage points (72.1% vs 67.3%). Maryland State Retirement & Pension System covers 398,000 participants.