Maryland State Retirement & Pension System vs Mississippi Public Employees Retirement System (PERS)
Side-by-side pension health comparison from DOL and public plan data
Maryland State Retirement & Pension System (B) and Mississippi Public Employees Retirement System (PERS) (C) are close on the LakeQuality rubric. Funding ratios sit at 72% and 60% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
Maryland State Retirement & Pension System has a stronger Pension Health Score of 67/100 (B) compared to Mississippi Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 12.0 percentage points (72.1% vs 60.1%). Maryland State Retirement & Pension System covers 398,000 participants.
| Metric | Maryland State Retirement & Pension System | Mississippi Public Employees Retirement System (PERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 67/100 (B)* | 54/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 72.1%* | 60.1% |
| Total Assets | $61.0B | $29.0B |
| Total Liabilities | $84.6B | $48.3B* |
| Unfunded Liability | $23.6B | $19.3B* |
| Participants | 398,000 | 322,000 |
| 1-Year Investment Return | 5.8%* | 5.3% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | high |
| Sponsor | State of Maryland | State of Mississippi |
Maryland State Retirement & Pension System has a stronger Pension Health Score of 67/100 (B) compared to Mississippi Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 12.0 percentage points (72.1% vs 60.1%). Maryland State Retirement & Pension System covers 398,000 participants.