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PensionWatch

Pennsylvania Public School Employees Retirement System (PSERS) 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 Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 14.3 percentage points (72.1% vs 57.8%). Maryland State Retirement & Pension System covers 398,000 participants.

MetricPennsylvania Public School Employees Retirement System (PSERS)Maryland State Retirement & Pension System
Health Score
Composite of funding ratio, trend, and PBGC risk
54/100 (C)67/100 (B)*
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
57.8%72.1%*
Total Assets$72.0B$61.0B
Total Liabilities$124.6B$84.6B*
Unfunded Liability$52.6B$23.6B*
Participants518,000398,000
1-Year Investment Return5.1%5.8%*
Plan Typepublicpublic
PBGC Risk Levelhighmoderate
SponsorState of PennsylvaniaState of Maryland

Maryland State Retirement & Pension System has a stronger Pension Health Score of 67/100 (B) compared to Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 14.3 percentage points (72.1% vs 57.8%). Maryland State Retirement & Pension System covers 398,000 participants.

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