| Statement of Changes in Fiduciary Net Assets | ||||
| Fiduciary Funds | ||||
| June 30, 2010 | ||||
| (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 | $408,833 | $ - | $ - | $408,833 |
| State | 1,846,990 | - | - | 1,846,990 |
| Municipalities | 38,438 | - | - | 38,438 |
| Total Contributions | 2,294,261 | - | - | 2,294,261 |
| Investment Income | 2,730,497 | 4,466 | - | 2,734,963 |
| Less: Investment Expense | (87,252) | (252) | - | (87,504) |
| Net Investment Income | 2,643,245 | 4,214 | - | 2,647,459 |
| Escheat Securities Received | - | - | 87,980 | 87,980 |
| Pool's Share Transactions | - | - | - | - |
| Transfers In | 2,740 | - | - | 2,740 |
| Other | 1,339 | - | - | 1,339 |
| Total Additions | 4,941,585 | 4,214 | 87,980 | 5,033,779 |
| Deductions | ||||
| Administrative Expense | 2,188 | - | - | 2,188 |
| Benefit Payments and Refunds | 3,444,847 | - | - | 3,444,847 |
| Escheat Securities Returned or Sold | - | - | 153,871 | 153,871 |
| Distributions to Pool Participants | - | 4,214 | - | 4,214 |
| Pool's Share Transactions | - | 222,575 | - | 222,575 |
| Other | 2,880 | - | 308 | 3,188 |
| Total Deductions | 3,449,915 | 226,789 | 154,179 | 3,830,883 |
| Change in Net Assets Held In Trust For: | ||||
| Pension and Other Employee Benefits | 1,491,670 | - | - | 1,491,670 |
| Individuals, Organizations, and Other Governments | - | (222,575) | (66,199) | (288,774) |
| Net Assets - Beginning | 20,406,381 | 1,107,668 | 88,297 | 21,602,346 |
| Net Assets - Ending | $21,898,051 | $885,093 | $22,098 | $22,805,242 |
The accompanying notes are an integral part of the financial statements.