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%.