Pension Data

Actuarial Assumptions

Discount Rate Assumption
Investment Return Assumption for GASB Reporting
Multiple Discount Rates
Payroll Growth Assumption

Assumptions and Methods

Actuarial Assets Reported for Asset Smoothing
Actuarial Cost Method Code Names for GASB
Actuarial Cost Method in GASB Reporting
Amortizaton Method
Asset Smoothing Baseline
Asset Smoothing Baseline Add or Subtract Gain/Loss
Asset Smoothing Period for GASB Reporting
Asset Valuation Method Code for GASB Reporting
Asset Valuation Method Code for Plan Reporting
Asset Valuation Method for GASB Reporting
Blended Discount Rate
Current Gain/Loss Amount
Expected Return Method
Funding Method Code 1 for GASB Reporting
Funding Method Code 2 for GASB Reporting
Gain Loss Base 1
Gain Loss Base 2
Gain Loss Concept
Gain Loss Period
Gain/Loss Periods Phased In for Asset Smoothing
Gain Loss Recognition
Gain/Loss Values to be Included in Smoothed Asset Calculation
Gain/Loss Values Used in Smoothing
Inflation Rate Assumption
Investment Return Assumption for GASB Reporting - PPD
Lower Corridor for Market vs. Actuarial Assets
Market Assets Reported for Asset Smoothing
Net Flows Reported for Asset Smoothing
Number of Years Remaining on Amortization Schedule
Payroll Growth Assumption - PPD
Percent of Gain/Loss to be Phased-in This Year
Smoothing Reset
Upper Corridor for Market vs. Actuarial Assets
Wage Inflation

Contribution Rates (% of Payroll)

Employee Normal Cost Percentage
Employer Normal Cost Percentage
Total Normal Cost Percentage

Contributions

Actuarially Required Contribution Paid Percentage
Employee Normal Cost Percentage
Employee Normal Cost Percentage Estimated Categorical
Employer Contribution Regular Dollar
Employer Normal Cost Percentage Estimated Categorical
Employers Projected Actuarial Required Contribution Percentage of Payroll
Employer State Contribution Dollar
Estimated Employers Projected Actuarial Required Contribution Categorical
Fiscal Year of Contribution
Local Employee Contribution Dollar
Local Government Contribution Dollar
Other Contribution Dollar
State Contribution for Employee Dollar
State Contribution to Own System on Behalf of Employees Dollar
State Employee Contribution Dollar
Total Amortization Payment Percentage
Total Contribution Dollar
Total Contributions Dollar
Total Normal Cost Percentage
Total Normal Cost Percentage Estimated Categorical
Total Normal Cost Percentage - PPD
Total Projected Actuarial Required Contribution Percentage of Payroll

Descriptive Information

Actuarial Valuation Report Date
Actuarial Value of Assets GASB Dollar
Administering Government Type
Administrating Jurisdiction
Benefits Website
Closed Plan
Cost Sharing
Cost Structure
Employee Group Id
Employer Type
Fiscal Year End Date
Fiscal Year Type
Full State Name
Net Position Dollar
Number of Employers
Number of Plans
Plan Full Name
Plan Name
Plan Type
PPD Fund ID
State Abbreviation
System ID
Tier Id
Year Of Inception

Earnings

Dividends Income Dollar
Gain From Investments Dollar
Interest and Dividends Income Dollar
Interest Income Dollar
Loss from Investments Dollar
Other Additions Dollar
Other Investments Income Dollar
Real Estate Income Dollar
Rentals From State Government Dollar
Securities Lending Income Dollar
Securities Lending Rebates Dollar
Total Additions Dollar
Total Earnings on Investments Dollar

Financials from CAFR, GASB 25/27 or As Reported Separate from GASB 67/68

Actuarial Funded Ratio Percentage
Actuarially Accrued Liabilities Dollar
Actuarially Required Contribution Dollar
Actuarially Required Contribution Paid Dollar
Actuarially Required Contribution Paid Percentage
Actuarial Value of Assets Dollar
ARC as a Percent of Payroll
Unfunded Actuarially Accrued Liabilities Dollar

Financials, General

ADEC as a Percent of Payroll
Covered Payroll Dollar

Funding

Actuarial Firm
Estimated Actuarial Funded Ratio Indicator
Market Funded Ratio Percentage

Gain/Loss Experience

Actuarial Experience Dollar
Age of Retirement Experience Dollar
Amortization Payment, Total $ Amount
Changes to Methods & Assumptions Dollar
Contribution Rate Effective FY
Disability Claim Experience Retired Dollar
Employee Contribution Dollar
Gain or loss due to changes in benefits
Gain or loss due to changes in COLA Provisions
Gain or loss due to Normal Cost Prior Year
Interest on Debt Dollar
Investment Experience Dollar
Mortality Rate Experience Total Dollar
Other Actuarial Experience Dollar
Salary Experience Dollar
Survivor Claim Experience Total Dollar
Withdrawal Experience Dollar

GASB 68, Sensitivity Analysis

Net Pension Liability Assuming 1% Decrease in Discount Rate
Net Pension Liability Assuming 1% Increase in Discount Rate

GASB 68, Summary: Financials

Actuarially Determined Contribution Dollar
Actuarially Determined Contribution Missed Dollar
Actuarially Determined Contribution Paid Dollar
Net Pension Liability Dollar
Total Pension Liability Dollar

GASB 68, Summary: Membership Data

Membership Data: Active
Membership Data: Inactive Vested
Membership Data: Retirees and Beneficiaries
Membership Data: Total

GASB 68, Summary Results

Measurment Date (MD)
Prior Measurment Date

Investment Returns

1 Year Investment Return Percentage
Absolute Return/Value Fund Return
Administrative Expenses - Percentage
Cash/Short-term Return
Credit Opportunities/Private Credit Return
Domestic Equity Return
Emerging International Equity Return
Fixed Income Return
Global Equity Return
International Equity Return
Market Investment Return (MVA Basis)
Private Equity Return
Real Assets/Real Return Return
Real Estate Return

Investments

10 Year Investment Return Percentage
1 Year Investment Return Percentage
1 Year Investment Return Percentage - PPD
20 Year Investment Return Percentage
25 Year Investment Return Percentage
3 Year Investment Return Percentage
5 Year Investment Return Percentage
Absolute Return/Value Fund Actual Allocation
Absolute Return/Value Fund Actual Allocation
Absolute Return/Value Fund Target Allocation
Active International Equity Actual Allocation
Adjustment to Market Value of Assets Dollar
Bonds Corporate Book Value Dollar
Bonds Corporate Other Dollar
Bonds Federally Sponsored Investments Dollar
Cash and Short Term Investments Dollar
Cash on Hand and Demand Deposits Dollar
Cash/Short-term Actual Allocation
Cash/Short-term Actual Allocation
Cash/Short-term Target Allocation
Commodities Actual Allocation
Commodities Actual Allocation
Convertible Fixed Income Actual Allocation
Core Equity Actual Allocation
Core Fixed Income Actual Allocation
Core Real Estate Actual Allocation
Corporate Bonds Actual Allocation
Covered Call Actual Allocation
Credit Opportunities/Private Credit Actual Allocation
Credit Opportunities/Private Credit Actual Allocation
Credit Opportunities/Private Credit Target Allocation
Developed International Equity Actual Allocation
Distressed Debt Actual Allocation
Distressed Lending Actual Allocation
Domestic Equity Actual Allocation
Domestic Equity Actual Allocation
Domestic Equity Target Allocation
Domestic Fixed Income Actual Allocation
Emerging Fixed Income Actual Allocation
Emerging International Equity Actual Allocation
Emerging International Equity Actual Allocation
Emerging International Equity Target Allocation
Equity Hedge Actual Allocation
Equity Securities Lending Actual Allocation
Estimated Actuarial Assets Indicator
Fair Value Change Investments
Farmland/Agriculture Actual Allocation
Federal Agency Securities Investments Dollar
Federal Government Securities Investments Dollar
Federal Treasury Securities Investments Dollar
Fixed Income Actual Allocation
Fixed Income Actual Allocation
Fixed Income + Alternatives Actual Allocation
Fixed Income Below Investment Grade Actual Allocation
Fixed Income + Cash Actual Allocation
Fixed Income ETI Actual Allocation
Fixed Income Funds of Funds Actual Allocation
Fixed Income Mortgages/Securitized Debt Actual Allocation
Fixed Income Target Allocation
Foreign and international securities Investments 2001-present Dollar
Geometric Growth Percentage
Geometric Return Percentage
GIPS Actual Allocation
Global Equity Actual Allocation
Global Equity Actual Allocation
Global Equity Target Allocation
Global Fixed Income Actual Allocation
Global Growth Equity Actual Allocation
Gross or Net Investment Returns Categorical
GTAA/GAA/Global Macro Hedge Actual Allocation
Hedge Funds Actual Allocation
High Yield Fixed Income Actual Allocation
Inflation Linked Bonds/TIPS Actual Allocation
Inflation-Sensititive Actual Allocation
Infrastructure Actual Allocation
International Equity Actual Allocation
International Equity Actual Allocation
International Equity Target Allocation
International Fixed Income Actual Allocation
Investment Grade Fixed Income Actual Allocation
Investments Held in Trust by Other Agencies Dollar
Large Cap Domestic Equity Actual Allocation
Large Cap Equity Actual Allocation
Loans Actual Allocation
Market Value of Assets Dollar
Market Value of Assets Net of Fees Dollar
Micro Cap Equity Actual Allocation
Mid Cap Domestic Equity Actual Allocation
Misc. Alternatives Actual Allocation
Misc. Equity Actual Allocation
Misc. Equity Actual Allocation
Misc. Equity and Fixed Income Blends Actual Allocation
Misc. Equity Target Allocation
MLP/Limited Partnership Actual Allocation
Mortgage Investments Dollar
Multi-Asset Class/Diversified Actual Allocation
Natural Resources Actual Allocation
Natural Resources Actual Allocation
Nominal Fixed Income Actual Allocation
Non-Core Fixed Income Actual Allocation
Non-Core Real Estate Actual Allocation
Opportunistic Debt Alernatives Actual Allocation
Opportunistic Equity Actual Allocation
Opportunistic Equity Alternative Actual Allocation
Opportunistic Fixed Income Actual Allocation
Opportunity/Opportunistic Actual Allocation
Other” Actual Allocation
Other Investments Dollar
Other Securities Investments Dollar
Passive International Equity Actual Allocation
Private Debt Actual Allocation
Private Equity Actual Allocation
Private Equity Actual Allocation
Private Equity Target Allocation
Private Placement Actual Allocation
Private Real Estate Actual Allocation
Real Assets/Real Return Actual Allocation
Real Assets/Real Return Actual Allocation
Real Assets/Real Return Target Allocation
Real Estate Actual Allocation
Real Estate Actual Allocation
Real Estate Investments Dollar
Real Estate Target Allocation
REIT Actual Allocation
Relative Return/Value Fund Actual Allocation
Risk Parity Actual Allocation
Short Term Investments Dollar
Small Cap Domestic Equity Actual Allocation
Small Cap Equity” Actual Allocation
Social Responsibility Equity Actual Allocation
State and Local Government Securitites Investments Dollar
Stocks Corporate Book Value Dollar
Stocks Corporate Dollar
Structured Fixed Income Actual Allocation
Timberland Actual Allocation
Time or Savings Deposits Dollar
Total Cash and Securities Investments Dollar
Total Corporate Bonds Investments Dollar
Total Other Investments Dollar
Total Other Securities Investments Dollar
Triple Net Lease Actual Allocation
US Treasury Actual Allocation
Value Added Fixed Income Actual Allocation

Liabilities

Estimated Actuarial Liabilities Indicator
Other Actuarially Accured Liabilities Dollar
Present Value of Future Benefits for Active Members Dollar
Present Value of Future Benefits for Inactive Vested Members Dollar
Present Value of Future Benefits for Retired Members Dollar

Membership

Average Age Of Actives
Average Age Of Beneficiaries
Average Age Of Service Retirees
Average Benefit Of Beneficiaries
Average Salary Of Actives
Average Tenure At Retirement For Service Retirees
Average Tenure Of Actives
Benefit Payments Dollar
Former Active Members, Retired on Account of Age or Service
Former Active Members, Retired on Account of Disability
Inactive Members
Local Government Active Members
Number of Survivors
State Government Active Members
Total Active Members
Total Active Members
Total Amount Of Active Salaries (Payroll) in Dollars
Total Number Of Beneficiaries
Total Number Of Disability Retirees
Total Number Of Inactive Vested
Total Number Of Members
Total Number Of Other Beneficiaries
Total Number Of Service Retirees
Total Number Of Survivor Beneficiaries
Type of Employees Covered

Payments

Administrative Expense Dollar
Administrative Expense in Normal Cost Dollar
Benefit Payments Dollar
Disability Benefits Paid Dollar
Investment Expenses Dollar
Management Fees for Securities Lending Dollar
Monthly Payments to Survivors Dollar
Net Expenses Dollar
Other Benefits Paid Dollar
Other Deductions Dollar
Other Payments Dollar
Refunds Dollar
Refunds Dollar
Retirement Benefits Paid Dollar
Securities Lending Dollar
Survivior Benefits Paid Dollar
Total Benefits Paid Dollar

Provisions

Are Most Members Covered by Social Security?
Social Security Coverage Of Plan Members

None

Local Government Contribution Dollar
Percent of assets invested in cash
Percent of assets invested in commodities
Percent of assets invested in equity investments (total)
Percent of assets invested in fixed income
Percent of assets invested in hedge funds
Percent of assets invested in misc. alternatives
Percent of assets invested in other investments
Percent of assets invested in private equity
Percent of assets invested in real estate

Census Plan Id	21000000020201
Name	Maryland State Employees’ Retirement System
Administering Government	Maryland State

Year	Employer State Contribution Dollar	Local Employee Contribution Dollar	Local Government Contribution Dollar	State Employee Contribution Dollar	Total Cash and Securities Investments Dollar	Total Active Members	Administrative Expense in Normal Cost Dollar	Benefit Payments Dollar
1988
1989
1990
1991
1992
2015
2016
2017
2018
2019
2020

Plan Details

Attributes

Years: