Maryland Teachers — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Maryland Teachers (Maryland) reported $44.2bn of assets for fiscal year 2025, a one-year investment return of 9.8%, and was 76.8% funded — below the ~80% mark the industry reads as sound.
| Total assets (FY 2025) | $44.2bn |
| 1-year return | 9.8% |
| 5-year return (annualised) | 8.3% |
| 10-year return (annualised) | 7.0% |
| Funded ratio (GASB) | 76.8% |
How the money is invested (asset allocation)
Maryland Teachers held 31.2% of its assets in public equities and 20.5% in private equity for fiscal year 2025 — the largest of 7 sleeves it reports, with the rest below:
| Public equities | 31.2% |
| Private equity | 20.5% |
| Fixed income (bonds) | 15.7% |
| Hedge funds | 14.3% |
| Real estate | 9.5% |
| Commodities | 4.9% |
| Cash | 3.9% |
Compare Maryland Teachers with similar plans
The plans most worth reading Maryland Teachers against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| Maryland PERS | $24.6bn | 9.8% | 69.3% | Same state — Maryland |
| Montgomery County (MD) ERS | $5.1bn | 9.2% | 95.6% | Same state — Maryland |
| Baltimore (MD) Fire and Police | $3.5bn | 10.9% | 72.4% | Same state — Maryland |
| Montgomery County (MD) Schools | $2.6bn | 12.1% | 86.5% | Same state — Maryland |
| Baltimore (MD) City Employees | $2.3bn | 9.5% | 82.0% | Same state — Maryland |
| Massachusetts Teachers | $44.3bn | 9.6% | 63.3% | Similar size |
Questions this page answers
How much does Maryland Teachers have in assets?
Maryland Teachers reported $44.2bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did Maryland Teachers make on its investments?
Maryland Teachers reported a 9.8% one-year investment return for fiscal year 2025, and 7.0% a year over the past ten years, per the Public Plans Database.
Is Maryland Teachers fully funded?
Maryland Teachers was 76.8% funded for fiscal year 2025 — below the ~80% mark many treat as reasonably sound. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).
How is Maryland Teachers's money invested?
Maryland Teachers held 31.2% of its assets in public equities and 20.5% in private equity, its largest sleeves for fiscal year 2025 (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.