Maryland State Retirement & Pension System vs School Employees Retirement System of Ohio (SERS)
Side-by-side pension health comparison from DOL and public plan data
Maryland State Retirement & Pension System (B) and School Employees Retirement System of Ohio (SERS) (B) are close on the LakeQuality rubric. Funding ratios sit at 72% and 68% 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 School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 4.2 percentage points (72.1% vs 67.9%). Maryland State Retirement & Pension System covers 398,000 participants.
| Metric | Maryland State Retirement & Pension System | School Employees Retirement System of Ohio (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 67/100 (B)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 72.1%* | 67.9% |
| Total Assets | $61.0B | $16.2B |
| Total Liabilities | $84.6B | $23.9B* |
| Unfunded Liability | $23.6B | $7.7B* |
| Participants | 398,000 | 218,000 |
| 1-Year Investment Return | 5.8%* | 5.3% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Maryland | State of Ohio |
Maryland State Retirement & Pension System has a stronger Pension Health Score of 67/100 (B) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 4.2 percentage points (72.1% vs 67.9%). Maryland State Retirement & Pension System covers 398,000 participants.