Maryland State Retirement and Pension System is a cost-sharing multi-employer defined benefit public pension fund based in Baltimore, Maryland. Established in 1941, the plan is focused to administer the survivor, death, disability, and retirement benefits of the system's participants. The members of the plan include active and former state employees, teachers, state police, judges, law enforcement officers, correctional officers, and legislators. It comprises of the Teachers' Retirement and Pension Systems, Employees' Retirement and Pension Systems, State Police Retirement System, Judges' Retirement System, and the Law Enforcement Officers' Pension System. The assets are managed by the Board of Trustees.