Maine public pension investment earnings fall to $67.1 million in 2024

Janet T. Mills, Governor of Maine
Janet T. Mills, Governor of Maine
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According to information from the U.S. Census Bureau’s Annual Survey of Public Pensions, investment earnings for Maine’s public pension funds dropped to $67.1 million in 2024, a decrease from $194.5 million recorded in 2023.

The U.S. Census Bureau’s Annual Survey of Public Pensions collects data on defined-benefit pension plans sponsored by official government entities, which cover public sector employees funded through public money. Covered local governments in the survey include counties, municipalities, townships, school districts and special districts.

Survey results detail information such as revenue, expenditures, assets, and membership for these pension systems, with questionnaires also collecting specific data points like liabilities when applicable.

Not every participant reports all requested details for every category, leading to varying response rates by data type. This can influence availability and completeness of certain data in published tables.

As of 2025, nine U.S. states lack a general personal income tax—Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming—but there are exceptions in New Hampshire and Washington around investment and capital gains taxes.

Maine submitted information for five pension systems, with total membership standing at 167,123 individuals.

This article uses data from the U.S. Census Bureau’s Annual Survey of Public Pensions. Find the complete source material here.



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