US public pension profile· MainePERS State and Teacher
Maine Public Employees Retirement System - State and Teacher Retirement Program
Funding, investment choices and long-term returns.
Maine ·Fiscal year 2025
MainePERS State and Teacher: fiscal year 2025 at a glance
- Market value of assets
- USD 16.9 billion
- Total membership
- 130,197
- Funded ratio
- 97.25%
- Assumed investment return
- 6.50%
Asset allocation in 2025
| Public equity | 30.17% |
|---|---|
| Fixed income | 14.78% |
| Private equity | 17.08% |
| Real estate | 9.49% |
| Hedge funds | 12.59% |
| Cash | 0.10% |
Returns to 2025
| One year | 9.40% |
|---|---|
| Five years | 10.10% |
| Ten years | 8.20% |
MainePERS State and Teacher: size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | USD 5.6 billion | 67,288 | 73.10% | 8.00% |
| 2002 | USD 5.2 billion | 68,922 | 69.60% | 8.00% |
| 2003 | USD 5.5 billion | 70,809 | 67.60% | 8.00% |
| 2004 | USD 6.4 billion | 71,897 | 68.50% | 8.00% |
| 2005 | USD 7.0 billion | 73,316 | 69.80% | 8.00% |
| 2006 | USD 7.6 billion | 74,380 | 71.30% | 7.75% |
| 2007 | USD 8.7 billion | 75,106 | 74.10% | 7.75% |
| 2008 | USD 8.4 billion | 75,280 | 74.10% | 7.75% |
| 2009 | USD 6.7 billion | 74,629 | 67.70% | 7.75% |
| 2010 | USD 7.3 billion | 74,881 | 66.00% | 7.75% |
| 2011 | USD 8.7 billion | 74,733 | 77.60% | 7.25% |
| 2012 | USD 8.5 billion | 76,136 | 77.00% | 7.25% |
| 2013 | USD 9.2 billion | 115,351 | 77.70% | 7.25% |
| 2014 | USD 10.4 billion | 116,118 | 81.44% | 7.25% |
| 2015 | USD 10.2 billion | 117,597 | 82.24% | 7.12% |
| 2016 | USD 10.0 billion | 119,562 | 80.43% | 6.88% |
| 2017 | USD 10.9 billion | 121,179 | 80.86% | 6.88% |
| 2018 | USD 11.6 billion | 122,483 | 81.39% | 6.75% |
| 2019 | USD 12.0 billion | 123,175 | 89.07% | 6.88% |
| 2020 | USD 12.0 billion | 123,356 | 89.82% | 6.75% |
| 2021 | USD 14.9 billion | 124,569 | 90.70% | 6.75% |
| 2022 | USD 14.6 billion | 126,179 | 92.62% | 6.50% |
| 2023 | USD 15.1 billion | 127,864 | 93.88% | 6.50% |
| 2024 | USD 15.8 billion | 128,666 | 95.46% | 6.50% |
| 2025 | USD 16.9 billion | 130,197 | 97.25% | 6.50% |
MainePERS State and Teacher: asset allocation over time
| Fiscal year | Public equity | Fixed income | Private equity | Real estate | Hedge funds | Cash |
|---|---|---|---|---|---|---|
| 2001 | 62.56% | 37.44% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2002 | 61.36% | 38.64% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2003 | 66.70% | 33.30% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2004 | 66.67% | 33.33% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2005 | 65.00% | 34.00% | 0.00% | 1.00% | 0.00% | 0.00% |
| 2006 | 66.00% | 31.00% | 0.00% | 3.00% | 0.00% | 0.00% |
| 2007 | 68.00% | 27.00% | 0.00% | 5.00% | 0.00% | 0.00% |
| 2008 | 60.70% | 33.20% | 0.00% | 5.00% | 0.00% | 0.80% |
| 2009 | 59.70% | 28.90% | 0.00% | 4.10% | 6.80% | 0.10% |
| 2010 | 58.60% | 29.90% | 0.10% | 3.70% | 5.50% | 1.10% |
| 2011 | 62.24% | 27.07% | 0.50% | 4.10% | 3.90% | 0.80% |
| 2012 | 58.74% | 28.97% | 1.10% | 5.89% | 3.00% | 0.10% |
| 2013 | 58.70% | 25.60% | 1.90% | 5.70% | 5.00% | 0.50% |
| 2014 | 57.84% | 23.48% | 2.90% | 7.29% | 5.00% | 0.20% |
| 2015 | 51.90% | 23.60% | 4.90% | 9.70% | 4.90% | 0.10% |
| 2016 | 42.14% | 24.72% | 7.61% | 10.51% | 4.90% | 0.30% |
| 2017 | 39.96% | 23.88% | 10.89% | 9.19% | 4.90% | 0.40% |
| 2018 | 33.30% | 19.40% | 13.20% | 8.90% | 10.00% | 0.60% |
| 2019 | 30.80% | 16.00% | 15.00% | 9.40% | 11.70% | 0.50% |
| 2020 | 32.60% | 13.00% | 15.80% | 9.50% | 12.90% | 0.40% |
| 2021 | 30.50% | 15.30% | 19.60% | 8.10% | 11.30% | 0.60% |
| 2022 | 25.00% | 13.60% | 20.70% | 10.10% | 14.00% | 0.70% |
| 2023 | 25.70% | 12.50% | 19.10% | 10.10% | 15.10% | 0.20% |
| 2024 | 27.05% | 14.63% | 18.44% | 9.92% | 12.83% | 0.10% |
| 2025 | 30.17% | 14.78% | 17.08% | 9.49% | 12.59% | 0.10% |
MainePERS State and Teacher: investment returns
Each year shows the return over the preceding one, five and ten years.
| Fiscal year | One year | Five years | Ten years |
|---|---|---|---|
| 2001 | -7.80% | 9.50% | 9.50% |
| 2002 | -7.50% | 4.10% | 4.10% |
| 2003 | 5.30% | 1.80% | 1.80% |
| 2004 | 16.60% | 2.80% | 9.40% |
| 2005 | 11.80% | 3.20% | 8.80% |
| 2006 | 7.50% | 6.40% | 7.90% |
| 2007 | 16.20% | 11.40% | 7.70% |
| 2008 | -3.10% | 9.50% | 5.60% |
| 2009 | -18.80% | 1.90% | 2.30% |
| 2010 | 11.10% | 1.60% | 2.40% |
| 2011 | 22.40% | 4.40% | 5.40% |
| 2012 | 0.60% | 1.50% | 6.30% |
| 2013 | 11.10% | 4.30% | 6.90% |
| 2014 | 16.70% | 12.10% | 6.90% |
| 2015 | 2.00% | 10.20% | 5.90% |
| 2016 | 0.60% | 6.00% | 5.20% |
| 2017 | 12.50% | 8.40% | 4.90% |
| 2018 | 10.30% | 8.20% | 6.30% |
| 2019 | 7.30% | 6.40% | 9.30% |
| 2020 | 1.80% | 6.40% | 8.30% |
| 2021 | 26.50% | 11.40% | 8.70% |
| 2022 | 3.30% | 9.50% | 8.90% |
| 2023 | 4.70% | 8.40% | 8.30% |
| 2024 | 8.00% | 8.50% | 7.50% |
| 2025 | 9.40% | 10.10% | 8.20% |