Prince George's County Police Pension Plan

Prince George's County Police Pension Plan

The Prince George's County Police Pension Plan operates as a defined-benefit pension fund for sworn law enforcement personnel in one of Maryland's largest counties. Governed by a board of trustees that includes the County Sheriff, the president of Fraternal Order of Police Lodge #112, and senior county finance and administrative officials, the plan collects contributions from active officers and county appropriations to fund retirement and disability benefits. Its governance draws directly from both labor representation and county fiscal oversight. Public pension records indicate the plan's assets are held in a dedicated trust fund, with investment strategy set by the board of trustees. Like many municipal police pension systems, the portfolio is likely allocated across a mix of public equities, fixed income, real estate, and private market alternatives, though specific targets are not publicly detailed. The plan participates in the broader network of Maryland public pension investors but does not publicly disclose co-investment activity or external manager lineups. The board includes Major F. Riddick Jr., the acting Chief Administrative Officer for Prince George's County, and Stanley A. Earley, the county's budget director, alongside FOP Lodge #112 president William R. Milam and human resources director Shawn Stokes. The plan has previously received recognition from the Public Pension Coordinating Council for meeting standards in funding and plan administration — a signal of operational discipline within a local-government pension structure that often faces fiscal strain. The fund's structural distinction is its narrow mandate: it serves a single uniformed workforce within a single county, which concentrates its exposure to local government fiscal health and officer demographics. Unlike state-level or multi-employer plans, its funding trajectory is tightly linked to county budget negotiations, police staffing levels, and the collective bargaining relationship with FOP Lodge #112 — factors that give the board's labor and finance trustees direct influence over both plan design and long-term solvency.