STATE OF MARYLAND

Required Supplemental Schedule of Funding Progress for
Mass Transit Administration Pension Plan

(Expressed in Thousands)

						Unfunded Actuarial
Actuarial		Actuarial	Unfunded			Accrued
Valuation	Actuarial	Accrued	Actuarial			Liability as of
Date	Value of	Liability	Accrued	Funded	Covered	Percentage of
June 30(1)	Assets	Entry Age	Liability	Ratio	Payroll	Covered Payroll
1991	$ 5,792	$ 87,586	$ 81,794	6.6%	$77,451	105.6%
1992	8,891	92,718	83,827	9.6	80,700	103.9
1993	13,447	95,032	81,585	14.1	87,134	93.6
1994	17,572	126,351	108,779	13.9	88,491	122.9
1995	24,470	137,826	113,356	17.8	92,445	122.6
1996	34,568	143,075	108,507	24.2	95,550	113.6
1997	42,739	172,076	129,337	24.8	95,333	135.7

Required Supplemental Schedule of Employer Contributions for
Mass Transit Administration Pension Plan

(Expressed in Thousands)

Year	Annual
Ended	Required	Percentage
June 30 (1)	Contribution	Contributed
1991	$ 7,677	100%
1992	7,327	100%
1993	8,467	100%
1994	8,452	100%
1995	11,323	100%
1996	11,918	100%
1997	11,502	100%

(1) Supplemental information prior to 1991 is not available.

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