|
Statement of Changes in Net Assets Pension Trust Funds and Investment Trust Fund |
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|
For the Fiscal Year Ended June 30, 2000 (Expressed in Thousands) |
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| Pension Trust | Pension Trust | |||||||
|---|---|---|---|---|---|---|---|---|
|
State Employees |
State Teachers |
Judicial |
Connecticut Municipal Employees |
Probate Judges |
State's Attorneys'/ Public Defender |
External Investment Pool |
Total |
|
| Additions: | ||||||||
| Contributions: | ||||||||
| Plan Participants | $ 43,783 | $ 154,326 | $ 1,127 | $ 12,835 | $ 218 | $ 35 | $ - | $ 212,324 |
| State | 342,760 | 204,445 | 9,324 | - | - | - | - | 556,529 |
| Municipalities | - | 7,921 | - | 32,004 | - | - | - | 39,925 |
| Total Contributions | 386,543 | 366,692 | 10,451 | 44,839 | 218 | 35 | - | 808,778 |
| Investment Income | 1,025,923 | 1,469,363 | 19,122 | 170,975 | 7,979 | 79 | 85,182 | 2,778,623 |
| Less: Investment Expenses | (50,955) | (72,952) | (949) | (8,492) | (396) | (4) | (575) | (134,323) |
| Net Investment Income | 974,968 | 1,396,411 | 18,173 | 162,483 | 7,583 | 75 | 84,607 | 2,644,300 |
| Pool's Share Transactions | - | - | - | - | - | - | (8,570) | (8,570) |
| Operating Transfers In | - | - | - | - | 979 | - | - | 979 |
| Miscellaneous | - | - | 13 | - | 18 | - | - | 31 |
| Total Additions | 1,361,511 | 1,763,103 | 28,637 | 207,322 | 8,798 | 110 | 76,037 | 3,445,518 |
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Deductions: |
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| Administrative | 295 | - | - | 6 | 13 | - | - | 314 |
| Benefit Payments and Refunds | 596,303 | 630,886 | 11,836 | 49,974 | 2,016 | 95 | - | 1,291,110 |
| Distributions to Pool Participants | - | - | - | - | - | - | 84,607 | 84,607 |
| Other Program Expenses | 3,263 | - | - | - | 990 | - | - | 4,253 |
| Total Deductions | 599,861 | 630,886 | 11,836 | 49,980 | 3,019 | 95 | 84,607 | 1,380,284 |
|
Net Increase (Decrease) in Net Assets |
761,650 | 1,132,217 | 16,801 | 157,342 | 5,779 | 15 | (8,570) | 2,065,234 |
| Net assets held in trust for pension benefits and | ||||||||
| pool participants: | ||||||||
| July 1, 1999 | 7,529,997 | 10,817,138 | 124,442 | 1,219,658 | 65,006 | 953 | 1,093,150 | 20,850,344 |
| June 30, 2000 | $ 8,291,647 | $ 11,949,355 | $ 141,243 | $ 1,377,000 | $ 70,785 | $ 968 | $ 1,084,580 | $ 22,915,578 |
The accompanying notes are an integral part of the financial statements.