| Revenues by Source | ||||||
|---|---|---|---|---|---|---|
| State Contributions | ||||||
| Fiscal Year | Employee Contributions | Dollar Amount | % of Annual Covered Payroll | Investment Income | Other | Total |
| 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 |
| 1996 | $35.9 | $254.4 | 11.2% | $658.4 | $80.7 | $1,029.4 |
| Expenses by Type | ||||||
| Fiscal Year | Benefits | Administrative | Refunds | Other | Total | |
| 1987 | $154.9 | $0.1 | $2.8 | $- | $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 | $- | $274.1 | |
| 1992 | $303.9 | $0.1 | $3.0 | $- | $307.0 | |
| 1993 | $351.9 | $0.2 | $2.2 | $- | $354.3 | |
| 1994 | $367.6 | $0.2 | $2.3 | $- | $370.1 | |
| 1995 | $388.9 | $0.2 | $2.3 | $14.4 | $405.8 | |
| 1996 | $418.5 | $0.1 | $4.8 | $- | $423.4 | |
Contributions were made in accordance with actuarially determined contribution requirements for fiscal years 1987 through 1989. From 1990 through 1996 the actuarially determined contribution requirements were $354.4 million, $398 million, $431.2 million, $447.8 million, $480.4 million, $535.3 million, and $501.1 million, while the actual contributions were $341.4 million, $263.8 million, $246.7 million, $293.4 million, $310.2 million, $292.2 million, and $335.1 million, respectively.
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