Maryland State Retirement & Pension System Earns 8.06% net of fees on Investments in FY 2018
Exceeds 7.50% assumed rate of return
The Board of Trustees of the Maryland State Retirement and Pension System today announced that its portfolio returned 8.06 percent, net of fees, on investments for the fiscal year that ended June 30, 2018—exceeding the 7.50 percent assumed actuarial return rate. The fund’s performance raised the system’s assets to $51.9 billion, an increase of $2.8 billion over last year.