| |
2008 COMPREHENSIVE ANNUAL FINANCIAL REPORT (CAFR) |
|
For the years ended June 30, 2008 and 2007:
(Dollars in thousands) |
|
|
| |
2
0 0 8 |
|
2
0 0 7 |
|
Additions |
|
|
| |
Contributions
Employer |
$788,029 |
|
$751,928 |
|
| |
Member |
414,752 |
|
347,701 |
|
| |
Total
Contributions |
1,202,781 |
|
1,099,629 |
|
| |
Investment
Income
From Investing Activities:
Net Appreciation/(Depreciation) in
Fair Value of Investments |
(6,258,819) |
|
2,760,428 |
|
| |
Investment
Income |
4,929,295 |
|
3,794,202 |
|
| |
Total
Investing Activity Income/(Loss) |
(1,329,524) |
|
6,554,630 |
|
| |
Less Expenses From Investing
Activities |
(114,183) |
|
(75,922) |
|
| |
Net
Investing Activity Income/(Loss) |
(1,443,707) |
|
6,478,708 |
|
| |
From Securities Lending Activities:
Securities Lending Income |
122,531 |
|
149,925 |
|
| |
Less Expenses From Securities
Lending Activities: |
|
|
|
|
| |
Borrower
Rebates |
(103,297) |
|
(140,620) |
|
| |
Management
Fees |
(1,644) |
|
(829) |
|
| |
Total Expenses from Securities
Lending Activities |
(104,941) |
|
(141,449) |
|
| |
Net
Securities Lending Income |
17,590 |
|
8,476 |
|
| |
Total
Net Investment Income/(Loss) |
(1,426,117) |
|
6,487,184 |
|
| |
Miscellaneous |
1,767 |
|
1,803 |
|
| |
Total
Additions/(Declines) |
(221,569) |
|
7,588,616 |
|
| Deductions |
|
|
| |
Retiree
Payroll |
1,885,970 |
|
1,773,027 |
|
| |
Administrative
Expense – Note
L |
48,223 |
|
43,880 |
|
| |
Refunds |
25,588 |
|
18,038 |
|
| |
Lump-Sum
Death Benefits |
1,714 |
|
1,589 |
|
| |
Miscellaneous |
371 |
|
197 |
|
| |
Total
Deductions |
1,961,866 |
|
1,836,731 |
|
| Transfer
to OPEB Agency Fund |
|
|
29,368 |
|
| Net
Increase/(Decrease) |
(2,183,435) |
|
5,722,517 |
|
Net Assets Held in Trust for Pension
Benefits Beginning of Year |
40,908,106 |
|
35,185,589 |
|
| End
of Year |
$38,724,671 |
|
$40,908,106 |
|
|
|
|
12/18/08
|
|
