| Statement of Changes in Fiduciary Net Assets | ||||
| Fiduciary Funds | ||||
| June 30, 2009 | ||||
| (Expressed in Thousands) | ||||
| Private- | ||||
|---|---|---|---|---|
| Pension & | Investment | Purpose | ||
| Other Employee | Trust Fund | Trust Fund | ||
| Benefit | External | Escheat | ||
| Trust Funds | Investment Pool | Securities | Total | |
| Additions | ||||
| Contributions: | ||||
| Plan Members | $400,599 | $- | $- | $400,599 |
| State | 1,727,708 | - | - | 1,727,708 |
| Municipalities | 36,102 | - | - | 36,102 |
| Total Contributions | 2,164,409 | - | - | 2,164,409 |
| Investment Income | (4,426,734) | 19,055 | - | (4,407,679) |
| Less: Investment Expense | (93,228) | (318) | - | (93,546) |
| Net Investment Income | (4,519,962) | 18,737 | - | (4,501,225) |
| Escheat Securities Received | - | - | 21,700 | 21,700 |
| Pool's Share Transactions | - | 132,131 | - | 132,131 |
| Transfers In | 2,703 | - | - | 2,703 |
| Other | 7,339 | - | - | 7,339 |
| Total Additions | (2,345,511) | 150,868 | 21,700 | (2,172,943) |
| Deductions | ||||
| Administrative Expense | 2,883 | - | - | 2,883 |
| Benefit Payments and Refunds | 3,111,267 | - | - | 3,111,267 |
| Escheat Securities Returned or Sold | - | - | 6,891 | 6,891 |
| Distributions to Pool Participants | - | 18,737 | - | 18,737 |
| Other | 2,740 | - | 21,858 | 24,598 |
| Total Deductions | 3,116,890 | 18,737 | 28,749 | 3,164,376 |
| Change in Net Assets Held In Trust For: | ||||
| Pension and Other Employee Benefits | (5,462,401) | - | - | (5,462,401) |
| Individuals, Organizations, and Other Governments | - | 132,131 | (7,049) | 125,082 |
| Net Assets - Beginning | 25,868,782 | 975,537 | 95,346 | 26,939,665 |
| Net Assets - Ending | $20,406,381 | $1,107,668 | $88,297 | $21,602,346 |
The accompanying notes are an integral part of the financial statements.