Pension Plans in Maryland, Ranked by Health Score
Maryland has 3 pension plans covering 582,966 participants. The average funding ratio is 71.5%, ranking #32 among all states. 3 plans are underfunded.
Maryland has 3 pension plans in our dataset, ranked below by the LakeQuality pension-health composite. The score combines current funding ratio (50%), multi-year funding trend (30%), and PBGC risk classification (20%) into a 0-100 grade.
Top-of-list plans usually combine funded ratios at or above 90% with stable multi-year trajectories and low PBGC risk. Public-sector teacher and employee retirement systems dominate the top rankings in many states because their large asset bases support institutional investment management. Each plan below links to its full profile — multi-year funding history, participant demographics, sponsor financials where available, and the underlying factors driving the composite grade.
3
Total Plans
582,966
Participants
71.5%
Avg Funding
$81.4B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | Maryland State Retirement & Pension System | 398,000 | 72.1% | B |
| 2 | Bakery & Confectionery Union Industry International Pension Fund | 100,402 | 41.8% | D |
| 3 | Lockheed Martin Corporation Retirement Plan | 84,564 | 78.8% | B |
Frequently Asked Questions
Maryland has 3 pension plans covering 582,966 participants, with combined assets of $81.4B against $113.8B in liabilities.
The average funding ratio across Maryland pension plans is 71.5%. 3 of 3 plans (100%) are considered underfunded.
Maryland State Retirement & Pension System is the top-rated plan in Maryland with a funding ratio of 72.1% and a Pension Health Grade of B.
Plans ranked by Pension Health Score: 50% funding ratio, 30% 3-year funding trend, 20% PBGC risk level.