Pension Plans in Maryland — Ranked by Health Score
Maryland has 3 pension plans covering 663,000 participants. The average funding ratio is 73.0%, ranking #27 among all states. 3 plans are underfunded.
3
Total Plans
663,000
Participants
73.0%
Avg Funding
$102.8B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | Maryland State Retirement & Pension System | 398,000 | 72.1% | B |
| 2 | Lockheed Martin Corporation Retirement Plan | 198,000 | 79.8% | B |
| 3 | Bakery & Confectionery Union Industry International Pension Fund | 67,000 | 38.1% | D |
Frequently Asked Questions
Maryland has 3 pension plans covering 663,000 participants, with combined assets of $102.8B against $140.8B in liabilities.
The average funding ratio across Maryland pension plans is 73.0%. 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.