State of Connecticut

State Employees' Retirement System
Required Supplementary Information
Revenues by Source and Expenses by Type

(Expressed in Millions)

Revenues by Source
State Contributions
FiscalEmployeeDollar% of AnnualInvestment
YearContributionsAmountCovered PayrollIncomeOtherTotal
1986 $30.5 $234.2 19.7%$89.8 $39.5 $394.0
1987 $27.8 $275.8 21.2%$102.8 $43.0 $449.4
1988 $28.0 $272.3 19.1%$144.6 $50.6 $495.5
1989 $28.7 $324.3 20.5%$180.8 $49.0 $582.8
1990 $29.2 $288.4 16.4%$260.6 $53.6 $631.8
1991 $33.8 $208.8 11.6%$179.7 $60.0 $482.3
1992 $33.2 $195.3 10.0%$312.7 $51.4 $592.6
1993 $32.9 $250.8 13.0%$297.8 $42.6 $624.1
1994 $35.8 $248.4 11.6%$356.3 $61.8 $702.3
1995 $35.5 $206.7 9.6%$185.2 $85.5 $512.9
Expenses by Type
Fiscal YearBenefitsAdministrativeRefundsOtherTotal
1986 $140.2 $0.1 $5.8 $0.1 $146.2
1987 $154.9 $0.1 $2.8 $0.0 $157.8
1988 $171.7 $0.2 $2.7 $0.6 $175.2
1989 $192.6 $1.9 $2.2 $0.6 $197.3
1990 $248.4 $0.5 $1.8 $0.7 $251.4
1991 $272.1 $0.2 $1.8 $0.0 $274.1
1992 $303.9 $0.1 $3.0 $0.0 $307.0
1993 $351.9 $0.2 $2.2 $0.0 $354.3
1994 $367.6 $0.2 $2.3 $0.0 $370.1
1995 $388.9 $0.2 $2.3 $14.4 $405.8

Contributions were made in accordance with actuarially determined contribution requirements for fiscal years1986 through 1989. From 1990 through 1995 the actuarily determined contribution requirements were $354.4 million, $398 million , $431.2 million, $447.8 million, $480.4 million, and $535.3 million, while the actual contributions were $341.4 million, $263.8 million, $293.4 million, $310.2 million, and $292.2 million respectively.

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