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Combining Statement of Changes in Fiduciary Net Assets Pension (and Other Employee Benefit) Trust Funds June 30, 2002 (Expressed in Thousands) |
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| Pension Trust | Other Employee Benefits | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Connecticut | Retired | Policemen, | |||||||
| State | State | Municipal | Probate | Teachers' | Firemen, | ||||
| Employees | Teachers | Judicial | Employees | Judges | Other | Health Benefits | Survivors' Benefits | Total | |
| Additions | |||||||||
| Contributions: | |||||||||
| Plan Members | $49,577 | $179,687 | $1,331 | $11,198 | $228 | $32 | $33,033 | $295 | $275,381 |
| State | 415,493 | 204,511 | 9,598 | - | - | - | 10,486 | - | 640,088 |
| Municipalities | - | 3,758 | - | 15,295 | - | - | - | - | 19,053 |
| Total Contributions | 465,070 | 387,956 | 10,929 | 26,493 | 228 | 32 | 43,519 | 295 | 934,522 |
| Investment Income (Loss) | (472,978) | (679,166) | (7,344) | (76,488) | (3,581) | (49) | 206 | (659) | (1,240,059) |
| Less: Investment Expenses | (35,618) | (51,169) | -553 | (5,760) | (270) | (4) | - | (50) | (93,424) |
| Net Investment Income (Loss) | (508,596) | (730,335) | (7,897) | (82,248) | (3,851) | (53) | 206 | (709) | (1,333,483) |
| Transfers In | - | - | - | - | 1,137 | - | - | - | 1,137 |
| Other | - | - | - | - | 0 | 5 | - | - | 5 |
| Total Additions | (43,526) | (342,379) | 3,032 | (55,755) | (2,486) | (16) | 43,725 | (414) | (397,819) |
| Deductions | |||||||||
| Administrative Expense | 272 | - | 7 | 7 | - | - | 1,110 | - | 1,396 |
| Benefit Payments and Refunds | 651,201 | 761,288 | 13,509 | 57,265 | 2,111 | 93 | 42,764 | 562 | 1,528,793 |
| Other | 2,701 | - | - | - | 1,173 | - | 74 | - | 3,948 |
| Total Deductions | 654,174 | 761,288 | 13,516 | 57,272 | 3,284 | 93 | 43,948 | 562 | 1,534,137 |
| Changes in Net Assets | (697,700) | (1,103,667) | (10,484) | (113,027) | (5,770) | (109) | (223) | (976) | (1,931,956) |
| Net Assets Held in Trust For | |||||||||
| Pension and Other Employee Benefits: | |||||||||
| Beginning of Year (as restated) | 7,791,103 | 11,207,086 | 135,771 | 1,300,349 | 66,704 | 807 | 17,955 | 17,792 | 20,537,567 |
| End of Year | $7,093,403 | $10,103,419 | $125,287 | $1,187,322 | $60,934 | $698 | $17,732 | $16,816 | $18,605,611 |