Jonathan D. Martin
Acting Executive Director of the Maryland State Retirement and Pension System
September 9, 2025—Present
Jonathan Martin has served as Chief Deputy Treasurer of Maryland since 2022. With more than 20 years of experience in state government finance and operations, he leads the day-to-day management of the State Treasurer’s Office and its nine divisions. In this role, Mr. Martin advises Treasurer Dereck Davis on legislative policy, new technologies, long-term operational challenges, and strategic planning.
Mr. Martin previously served in the Office of Budget Analysis at the Maryland Department of Budget and Management, where he was responsible for developing and managing the state’s $52 billion budget. He led the development of annual budget frameworks and crafted innovative solutions to help state leaders address complex fiscal challenges. During his tenure, Mr. Martin oversaw the design and implementation of the Budget and Revenue System (BARS), a new statewide budget system that replaced Maryland’s 30-year-old platform, modernizing business processes and training users across agencies.
Earlier in his career, Mr. Martin worked for the Maryland Department of Legislative Services, where he provided budget and policy recommendations to the General Assembly, including developing revenue options, preparing estimates, and managing policy research initiatives.
Mr. Martin holds a Master of Public Policy from the University of Maryland and a Bachelor of Arts in History from Eastern Mennonite University.
