Required Supplementary Information
Schedules of Funding Progress
(Expressed in Millions)
(a) (b) (b-a) (a/b) (c) ((b-a)/c)
Actuarial
Valuation
Date
Actuarial
Value
of
Assets
Actuarial
Accrued
Liability
(AAL)
Unfunded
AAL
(UAAL)
Funded
Ratio
Covered
Payroll
UAAL
as a
Percentage
of
Covered
Payroll
SERS
6/30/2007 $9,585.1 $17,888.1 $8,303.0 53.6% $3,310.4 250.8%
6/30/2008 $9,990.2 $19,243.4 $9,253.2 51.9% $3,497.4 264.6%
6/30/2009 * $- $- $- 0.0% $- 0.0%
6/30/2010 $9,349.6 $21,054.2 $11,704.6 44.4% $3,295.7 355.1%
6/30/2011 * $- $- $- 0.0% $- 0.0%
6/30/2012 $9,745.0 $23,018.8 $13,273.8 42.3% $3,354.7 395.7%
TRS
6/30/2007 * $- $- $- 0.0% $- 0.0%
6/30/2008 $15,271.0 $21,801.0 $6,530.0 70.0% $3,399.3 192.1%
6/30/2009 * $- $- $- 0.0% $- 0.0%
6/30/2010 $14,430.2 $23,495.9 $9,065.7 61.4% $3,646.0 248.6%
6/30/2011 * $- $- $- 0.0% $- 0.0%
6/30/2012 $13,734.8 $24,862.2 $11,127.4 55.2% $3,652.5 304.7%
JRS
6/30/2007 $182.4 $261.2 $78.8 69.8% $33.8 233.1%
6/30/2008 $191.7 $267.0 $75.3 71.8% $34.0 221.5%
6/30/2009 * $- $- $- 0.0% $- 0.0%
6/30/2010 $179.7 $276.8 $97.1 64.9% $31.6 307.3%
6/30/2011 * $- $- $- 0.0% $- 0.0%
6/30/2012 $174.7 $319.5 $144.8 54.7% $30.3 477.9%
RTHP
6/30/2008 $- $2,318.8 $2,318.8 0.0% $3,399.3 68.2%
6/30/2009 * $- $- $- 0.0% $- 0.0%
6/30/2010 $- $2,997.8 $2,997.8 0.0% $3,646.0 82.2%
6/30/2011 * $- $- $- 0.0% $- 0.0%
6/30/2012 $- $3,048.3 $3,048.3 0.0% $3,652.5 83.5%
SEOPEBP
6/30/2011 $49.6 $17,954.3 $17,904.7 0.3% $3,902.2 458.8%

* No actuarial valuation was performed.

Actuarial valuations for other postemployment benefits are required to be disclosed starting with fiscal year 2008.

June 30,2011 was the first year an actuarial valuation for State Employees Other Postemployment Benefit Plan was performed.