How many public pension plans does Maine have?

Maine has 1 public pension plan tracked by the Public Plans Database (PPD), covering 115,428 total members. These plans include state-level and local government retirement systems for teachers, police, firefighters, and general employees.

Is Maine's pension system in crisis?

Maine's public pension plans average 58.6% funded (#49 of 51, 16.9 points below the national average) with combined unfunded liability $13.36B. Bottom-third average funding and 1 D/F grades mark a thinner statewide book. Data is sourced from the Boston College Center for Retirement Research.

What is the average funded ratio in Maine?

The average funded ratio across all 1 public pension plan in Maine is 58.6% (#49 of 51 among states), based on the most recent Public Plans Database data. A funded ratio of 100% means a plan has sufficient assets to meet all projected obligations. The national average for public pensions is approximately 75.5%. Individual plan ratios in Maine vary; browse the table above to compare specific plans.

Public Plans Database

Maine Public Pension Plans

Name: Maine Public Pension Plans
Creator: Boston College Center for Retirement Research
License: https://www.usa.gov/government-copyright

1 plans · bottom-third average funded ratio (#49 of 51)

Lower funded-ratio band. Maine ranks #49 of 51 by average actuarial funded ratio (58.6%), bottom-third among states with a published average.

Avg funded ratio: 58.6%
Total unfunded: $13.36B
Total members: 115,428
Plans tracked: 1

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Maine’s 1 tracked plans carry a combined unfunded liability of $13.36B at an average funded ratio of 58.6%. Plan cards report FY2023 valuations; this site’s database copy was last loaded in July 2026. See our methodology for the full source and update cadence.

PPD actuarial excerpt

State roster ME Maine

Maine: avg 58.6% funded (16.9 points below the national average) · 1 D/F grades · unfunded $13.36B

AVG 58.6%
UNF $13.36B
MEM 115,428
N 1
DF 1
VS -16.9pt
BEST 58.6%
LOW 58.6%

Funded-ratio peers

Nearest funded-ratio peer: District of Columbia (59.8%)

Average funded ratio neighbourhood vs Maine (FY2023 plan cards)

1 of 1 published-ratio plans sit under 60% actuarial assets; 1 of 1 carry a D or F health grade. How funded ratios are calculated →

Maine in the lower-funded third

Health grades and the 58.6% state average (#49 of 51, 16.9 points below the national average) use the same FY2023 plan-card snapshot as the hero KPIs and the table below.

Health-grade counts from the same state plan rows as the roster table

Source: Public Plans Database (Boston College CRR / NASRA) As of FY2023 plan cards; history through FY2024

Average actuarial funded ratio across 1 Maine plans (FY2023 plan cards)

Every tracked plan in Maine

FY2023 plan-card snapshot from the Public Plans Database. ARC is the actuarially required contribution as a share of payroll where reported.

Plan	Type	Funded	Grade	Assets	Unfunded	Members	ARC	1yr return
Maine Public Employees Retirement System	General State	58.6%	D	$18.92B	$13.36B	115,428	100.0%	10.6%

Read our methodology - how this data is sourced, computed, and verified.

Compare inside Maine’s lower-funded roster

Data sourced from official Public Plans Database and actuarial valuations from federal and state pension systems. See our methodology for details. Retrieved and formatted by PlainPension · Maine roster FY2023

Compiled by PlainPension, Pension Fund Health Editorial Process · July 23, 2026