Investments & Financials
The Investment Division is responsible for investing the assets of the System. The investment portfolio is diversified into several asset classes and holds a number of investments within each asset class. In the long run, a well-diversified portfolio determines our long-term performance and ensures that any weaknesses in one area are offset by gains in another. The Board has adopted a strategic asset allocation policy that targets the percentage of funds to be invested in each asset class.
Valuation reports are prepared annually by the Agency’s actuary to:
- Measure the financial position of the System with regard to funding,
- Provide the Board with contribution rates, and
- Analyze the aggregate experience of the System over the previous year.
The Maryland State Retirement and Pension System is committed to diversity, equity and inclusion in all aspects of the administration and management of the investment program for the System.
We believe that our decision-making process can be improved by incorporating a diverse set of perspectives and experiences.
State law requires that the Board of Trustees of the System (the “Board of Trustees”) provide an assessment that shall identify recent studies or actions by other United States public pension plans, financial institutions, or risk experts, including those related to disclosure, risk assessment, investment principles, or other related issues or activities.
The Investment Division of the Maryland State Retirement Agency has developed a convenient way for offerors to submit online proposals to provide investment management or brokerage services by completing the appropriate questionnaire below. Minority Business Enterprises (MBEs) are encouraged to pursue manager and broker opportunities with the Maryland State Retirement and Pension System.
Outlines the available vendors, benefits handbook and performance of the Optional Retirement Program.
The ORP is a defined contribution plan open only to eligible faculty and administrators of Maryland public institutions of higher education and community colleges.