Maryland State Retirement & Pension System vs University of California Retirement Plan
Side-by-side pension health comparison from DOL and public plan data
Maryland State Retirement & Pension System (B) and University of California Retirement Plan (B) are close on the LakeQuality rubric. Funding ratios sit at 72% and 84% 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
University of California Retirement Plan has a stronger Pension Health Score of 78/100 (B) compared to Maryland State Retirement & Pension System at 67/100 (B). Funding ratios differ by 11.4 percentage points (83.5% vs 72.1%). University of California Retirement Plan covers 305,000 participants.
| Metric | Maryland State Retirement & Pension System | University of California Retirement Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 67/100 (B) | 78/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 72.1% | 83.5%* |
| Total Assets | $61.0B | $82.0B |
| Total Liabilities | $84.6B* | $98.2B |
| Unfunded Liability | $23.6B | $16.2B* |
| Participants | 398,000 | 305,000 |
| 1-Year Investment Return | 5.8% | 7.2%* |
| Plan Type | public | public |
| PBGC Risk Level | moderate | low |
| Sponsor | State of Maryland | University of California |
University of California Retirement Plan has a stronger Pension Health Score of 78/100 (B) compared to Maryland State Retirement & Pension System at 67/100 (B). Funding ratios differ by 11.4 percentage points (83.5% vs 72.1%). University of California Retirement Plan covers 305,000 participants.