The Maryland State Retirement and Pension System (SRPS) has announced a net investment return of 9.8 percent for the fiscal year ending June 30, surpassing its policy benchmark by 29 basis points and continuing its strong long-term performance trajectory. This solid performance was driven by effective asset management and a resilient market environment. The system's assets have now reached $73.5 billion.
The fiscal year 2025 performance builds upon long-term returns. Over the five-year period, the plan averaged 8.3 percent, outperforming its policy benchmark by 88 basis points.
Benchmarks are set by the board of trustees, which directs the management of the system’s $73.5 billion investment portfolio. The returns of each asset class and the system’s total portfolio are measured against their benchmarks to evaluate the impact of manager performance and tactical asset allocation.
