State of Connecticut

State Teachers' 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 $67.0 $175.8 18.0%$167.2 $0.0 $410.0
1987 $75.5 $204.7 19.2%$187.5 $0.0 $467.7
1988 $89.6 $242.5 20.3%$237.2 $0.0 $569.3
1989 $100.1 $282.9 20.6%$269.8 $0.0 $652.8
1990 $106.9 $321.6 20.9%$351.2 $1.4 $781.1
1991 $115.0 $158.4 9.5%$292.3 $0.2 $565.9
1992 $124.9 $133.0 7.4%$469.2 $2.6 $729.7
1993 $149.5 $111.6 6.1%$450.6 $2.8 $714.5
1994 $150.9 $124.3 6.4%$518.6 $2.1 $795.9
1995 $160.0 $132.5 6.5%$251.5 $17.4 $561.4
Expenses by Type
Fiscal YearBenefitsRefundsOtherTotal
1986 $141.0 $10.6 $0.0 $151.6
1987 $154.8 $6.5 $0.0 $161.3
1988 $168.9 $5.6 $0.0 $174.5
1989 $183.7 $5.8 $0.0 $189.5
1990 $210.7 $6.8 $0.0 $217.5
1991 $243.9 $6.8 $13.2 $263.9
1992 $278.1 $8.3 $8.8 $295.2
1993 $333.6 $11.4 $25.8 $370.8
1994 $354.2 $6.4 $28.0 $388.6
1995 $392.6 $8.1 $19.7 $420.4

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$302.94 million, $348.6 million, $304.3 million, $325 million, $299.6 million, $145.8 million, and $154.0 million respectively , while the actual contributions made were $282.9 million, $321.6 million, $158.3 million, $133.0 million, $111.6 million, $124.3 million, and $132.5 million respectively.

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