Maryland Pension System Tops Target With 13.19% Return
Maryland’s pension system posted a 13.19% net investment return in fiscal 2026, well above its actuarial target and adding another year of positive long-term performance for the $82.1 billion fund. The Maryland State Retirement and Pension System announced the results this week. The 13.19% return for the fiscal year ending June 30 exceeded the System’s 6.80% actuarial target by 6.39 percentage points. The fund tracked its investment benchmark much more closely, outperforming it by 3…