Maryland State Retirement Agency reports returns in FY 2016


The Board of Trustees of the Maryland State Retirement and Pension System (MSRPS) has been informed that net earnings after fees on the $45.5 billion investment portfolio were 1.16 percent for the fiscal year ending June 30, 2016. While performing better than several other major funds, this year’s return was significantly below the plan’s long-term
actuarial target of 7.55%.

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