Pension Info

Maryland State Retirement and Pension System Information

Maryland State Retirement and Pension system: Retiree News and Notes, August 2022 newsletter. "Retirees to see monthly benefit increase with July 2022 COLA"

Press Release-Cost-of-living adjustment payable to eligible payees in July 2022 April 21, 2022

Maryland State Retirement and Pension System - SRPS By the Numbers - March 2022 (3/21/2022)

Maryland State Retirement and Pension System - SRPS By the Numbers - February 2022 (2/25/2022)

Washington Post Letter to the Editor and the Maryland State Retirement and Pension System response to it "Opinion: Maryland is wasting its pensioners’ money" (2/11/2022)

Award-winning Popular Annual Financial Report for fiscal year 2021 (2/9/22022)

Press Release 1-5-2023 - Maryland State Retirement and Pension System Seeks Nominees to Serve as a Public Member of the Investment Committee

AARP in the States- Maryland State Retirement and Pension System

January/2023

National Institute on Retirement Security (NIRS)

Full Pensionomics Report 2023

Pensionomics-MD 2023

Pensionomics-MD 2021

Pensionomics 2018

Pension Benefits and Retiree Spending

NRTA In the Know - Get the Latest News:

NRTA - Comparing Defined Benefit and Defined Contribution Retirement Plans

MSRA’s award-winning Popular Annual Financial Report (PAFR) is now available! PAFR features the highlights of the FY 2020 Comprehensive Annual Financial Report (CAFR), but contains some unique information concerning the geographic distribution of benefits in the state that isn’t found in the CAFR. You can find the PAFR here.

See all Retirement News Highlights from 2021, 2022, and 2023 here.

2023 Retirement News Highlights

Retirement News - January 20, 2023 "Don't let ESG become 'the next 3-letter bad word' - CalPERS CEO" Pensions & Investments

Retirement News - January 18, 2023 "New bill aims to improve retirement option for Crisfield Police office" 47 WMDT

Retirement News - January 12, 2023 "U.S. inflation keeps cooling as December CPI rises 6.5%" Pensions & Investments

Retirement News - January 11, 2023 "New members take office as General Assembly's 2023 session kicks off" The Frederick News-Post

Retirement News - January 11, 2023 "Good morning. The baby boomers are (finally) retiring. That could reshape the economy for decades. " The New York Times

Retirement News - January 9, 2023 "Meet the freshmen members of the General Assembly " Maryland Matters

Retirement News - January 5, 2023 "After 36 years as a public servant, Maryland Comptroller Peter Franchot says farewell" Baltimore Sun

Retirement News - January 3, 2023 "Retirees, financial firms to benefit" The Baltimore Sun

Retirement News - January 3, 2023 "Hogan administration agrees to new contract with largest state workers’ union; union calls wage increases ‘insufficient'" Baltimore Sun

2022 Retirement News Highlights

Retirement News - December 28, 2022 "Should law enforcement officers convicted of felonies receive pensions? Two state lawmakers say no." The Baltimore Banner

Retirement News - December 16, 2022 "Congressional Republicans propose nixing DOL's ESG rule" Pensions & Investments

Retirement News - December 14, 2022 "Fed greenlights 50-basis-point rate hike as inflation cools" Pensions & Investments

Retirement News - December 13, 2022 "U.S. inflation cools as consumer price index rises 7.1%" Pensions & Investments

Retirement News - December 12, 2022 "Former Gunpowder Falls State Park manager facing rape charges retires, will get $94,500 annual pension" The Baltimore Banner

Retirement News - December 8, 2022 "CIO Announces 2022 Industry Innovation Award Winners" Chief investment officer

Retirement News - December 7, 2022 "BlackRock Urged to Fire Fink over ESG 'Hypocrisy'" FundFire

Retirement News - December 6, 2022 "City Council President Mosby slams veto of bill to reduce pension requirements for Baltimore council members" The Baltimore Banner

Retirement News - December 5, 2022 "Maryland State Retirement Agency’s CIO, Andrew Palmer made the cut! Congratulations, Andy!"

Retirement News - December 1, 2022 "Florida terminates BlackRock from $2 billion because of ESG" Pensions & Investments

Retirement News - December 1, 2022 "Baltimore mayor vetoes bill that would make city officials pension-eligible after 8 years instead of 12" Baltimore Sun

Retirement News - November 30, 2022 "Kentucky pension funds caught up in attorney general's anti-ESG demands" Pensions & Investments

Retirement News - November 22, 2022 "DOL Finalizes Rule to Reduce 'Chilling Effect' On ESG" FundFire

Retirement News - November 21, 2022 "'17 Democratic attorneys general push back against anti-ESG sentiments" Pensions & Investments

Retirement News - November 18, 2022 "'Historically high': State agencies have huge job vacancies, but $2 billion surplus" The Herald-Mail

Retirement News - November 16, 2022 "Maryland Fund is Latest Pension to Consider Pulling Back on China" The Wall Street Journal

Retirement News - November 9, 2022 "Pensioners in this state are getting a big cost of living adjustment because of inflation—and it could cause the government a lot of problems" Fortune

Retirement News - November 4, 2022 "Baltimore City Council committee fast-tracks bill making current elected officials pension-eligible after 8 years instead of 12" Baltimore Sun

Retirement News - November 2, 2022 "Statewide races spotlight pension investments and debate about ESG" Pensions & Investments

Retirement News - November 1, 2022 "Most Inst'l Investors Rate Diversity as Important to Investment Programs" FUNDfire

Retirement News - October 20, 2022 "Asset Owners Think ESG is Becoming More Material: Survey" FUNDfire

Retirement News - October 18, 2022 "Public sector employees don’t seem aware of major pension reforms over the last decade" Benefits Pro

Retirement News - October 14, 2022 "BlackRock Flows Remain Strong Despite ESG Criticisms" FUNDfire

Retirement News - October 11, 2022 "Maryland’s Andrew Palmer on why policy risk is his number one concern" top1000funds

Retirement News - October 7, 2022 "Public Pensions Find Wiggle Room on ESG Despite State Crackdowns" FUNDfire

Retirement News - October 4, 2022 "Maryland State Retirement appoints Dominique Cherry to navigate ESG matters" Pensions & Investments

Retirement News - September 27, 2022 "Maryland Pension scheme includes Thoma Bravo, Apollo, Silver Lake in $1.1bn of new commitments" Private Equity Wire

Retirement News - September 21, 2022 "Fed triples down, hikes interest rates 75 basis points as inflation rages" Pensions & Investments

Retirement News - September 15, 2022 "State treasurers, NYC react to ESG backlash" Pensions & Investments

Retirement News - September 14, 2022 "Florida pension fund report shows support for ESG proposals, including at Exxon" Pensions & Investments

Retirement News - September 8, 2022 "Cap on pensions, salaries is raised" The Baltimore Sun

Retirement News - September 6, 2022 "Retiring CIO Mansco Perry reflects on his long career" Pensions & Investments