Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2007 BASIC FINANCIAL STATEMENTS Required Supplementary Information Schedules of Employer Contributions

State of Connecticut

Required Supplementary Information
Schedules of Employer Contributions
(Expressed in Millions)
SERS TRS JRS MERS PJRS
Annual Annual Annual Annual Annual
Fiscal Required Percentage Required Percentage Required Percentage Required Percentage Required Percentage
Year Contrib-
ution
Contrib-
uted
Contrib-
ution
Contrib-
uted
Contrib-
ution
Contrib-
uted
Contrib-
ution
Contrib-
uted
Contrib-
ution
Contrib-
uted
2002 $415.5 100.0% $210.7 97.1% $9.6 100.0% $15.3 100.0% $- -
2003 $421.5 100.0% $221.2 81.3% $10.1 100.0% $16.0 100.0% $- -
2004 $470.3 100.0% $270.5 68.5% $11.6 100.0% $16.3 100.0% $- -
2005 $518.8 100.0% $281.4 65.8% $12.2 100.0% $21.8 100.0% $- -
2006 $623.1 100.0% $396.2 100.0% $11.7 100.0% $26.0 100.0% $- -
2007 $663.9 100.0% $416.0 99.0% $12.4 100.0% $39.4 100.0% $- -

Note: During the years 2002 thru 2007 the only contributions to the Probate Judges Retirement System were the required member contributions.

The information presented in the required supplementary schedules was determined as part of the actuarial valuations at the dates indicated. Additional information as of the latest actuarial valuation follows.

SERS TRS JRS MERS PJRS
Valuation date 6/30/2007 6/30/2006 6/30/2007 7/1/2006 12/31/2005
           
Actuarial cost method Projected Entry age Projected Entry age Entry Age
  unit credit   unit credit    
           
Amortization method Level percent Level percent Level percent Level percent -
  of pay, closed of pay, closed of pay, closed of pay, closed  
Remaining amortization          
period 25 Years 6-25 Years 24 Years 1-19 Years -
           
Asset valuation method 5 year smoothed 4 year smoothed 5 year smoothed 5 year smoothed Asset
  market market market market smoothing
           
Actuarial assumptions:          
Investment rate of return 8.5% 8.5% 8.5% 8.5% 8.5%
Projected salary increases 4.25-15% 4-7.5% 5.5% 4.5-11.25% 6%
Includes inflation at 5% 4% 5.5% 3.75% 3.5%
Cost-of-living adjustments 2.75-3.75% 3% 3-5.5% 2.6-4.0% 3%