This allocator's name and 4 more advisers

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State retirement system in Maryland

State retirement systemstate generalPart of a larger system· Maryland

State retirement system, based in Maryland, reporting $74B in assets, for 192,783 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$74B
Open searchesAllocation policyConsultants
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 30 Jun 2024, Total assets changed.

Size, funding, policy and commitments, with their basesState retirement systemShow
State retirement system
Assets
$74B
Fiduciary net position, Jun 30, 2025 reported
Funded
not on record
not filed
Private markets target
no policy read
policy Jun 30, 2025
Commitments
0
none on the tape
Invested by: this allocator
Allocation policy
ACFR, as of Jun 30, 2025
Consultants and advisers
7 firms

+4 more consultants and advisers advise this allocator

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $249/month unless canceled.

People
No investment staff or executives have been read for this allocator yet.
Manager roster
No manager relationship is on the tape for this allocator.
What changed
1 event
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
58 readings
Total assets
$23B Jun 30, 2024 derived Census ASPP
$22B (2023-06) · $23B (2022-06)
Fiduciary net position
$74B Jun 30, 2025 reported ACFR
$23B (2024-06) · $22B (2023-06) · $21B (2022-06)
Long-term investments
$22B Jun 30, 2024 reported Census ASPP
$22B (2023-06) · $22B (2022-06)
Total pension liability
$11B Jun 30, 2024 reported Census ASPP
$9.5B (2023-06) · $8.4B (2022-06)
Discount rate
6.80% Jun 30, 2024 reported Census ASPP
6.80% (2023-06) · 6.80% (2022-06)
Participants
192,783 Jun 30, 2024 derived Census ASPP
189,158 (2023-06) · 186,033 (2022-06)
Active members
85,101 Jun 30, 2024 derived Census ASPP
81,336 (2023-06) · 78,696 (2022-06)
Beneficiaries
85,479 Jun 30, 2024 reported Census ASPP
84,846 (2023-06) · 83,845 (2022-06)
Benefits paid
$1.8B Jun 30, 2024 reported Census ASPP
$1.7B (2023-06) · $1.6B (2022-06)
Investment expense
$145M Jun 30, 2024 reported Census ASPP
$144M (2023-06) · $189M (2022-06)
Provenance
Identifiers: none on file
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 23, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: funded ratio, private markets allocation target, fund commitments.

Record history

1 dated event on the change ledger, latest first
  • Total assets changed
    2024-06-30source

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+8 connections on the graph

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