Maryland State Retirement & Pension System Earns 10.02% on Investments in FY 2017
Exceeds 7.55% assumed rate of return
The Board of Trustees of the Maryland State Retirement and Pension System today announced that its portfolio returned 10.02 percent on investments for the fiscal year that ended June 30, 2017—exceeding the 7.55 percent assumed actuarial return rate and the plan’s policy benchmark of 9.90 percent. The fund’s performance raised the assets of the system to $49.1 billion, an increase of $3.6 billion over last year.