Statement of Changes in Fiduciary Net Assets
Fiduciary Funds
June 30, 2012
(Expressed in Thousands)
Private-
Pension & Investment Purpose
Other Employee Trust Fund Trust Fund
Benefit External Escheat
Trust Funds Investment Pool Securities Total
Additions
Contributions:
Plan Members $437,495 $- $- $437,495
State 2,289,432 - - 2,289,432
Municipalities 59,348 - - 59,348
Total Contributions 2,786,275 - - 2,786,275
Investment Income (138,035) 1,750 - (136,285)
Less: Investment Expense (87,180) (177) - (87,357)
Net Investment Income (225,215) 1,573 - (223,642)
Escheat Securities Received - - 23,997 23,997
Pool's Share Transactions - - - -
Pool's Share Transactions - 249,005 - 249,005
Transfers In 14,700 - - 14,700
Other 5,684 - - 5,684
Total Additions 2,581,444 250,578 23,997 2,856,019
Deductions
Administrative Expense 3,149 - - 3,149
Benefit Payments and Refunds 3,741,845 - - 3,741,845
Escheat Securities Returned or Sold - - 23,133 23,133
Distributions to Pool Participants - 1,572 - 1,572
Other 3,122 - 1,800 4,922
Total Deductions 3,748,116 1,572 24,933 3,774,621
Change in Net Assets Held In Trust For:
Pension and Other Employee Benefits (1,166,672) - - (1,166,672)
Individuals, Organizations, and Other Governments - 249,006 (936) 248,070
Net Assets - Beginning 25,211,080 605,026 2,161 25,818,267
Net Assets - Ending $24,044,408 $854,032 $1,225 $24,899,665

The accompanying notes are an integral part of the financial statements.