Comprehensive Annual Financial Report Municipal Employee's Retirement System Required Supplementary Information Revenues by Source and Expenses by Type

State of Connecticut

Municipal Employees' Retirement System
Required Supplementary Information
Revenues by Source and Expenses by Type

(Expressed in Millions)

Revenues by Source
FiscalEmployeeEmployer% of AnnualInvestment
YearContributionsContributionsCovered PayrollIncomeTotal
1986 $4.5 $11.5 N/A$20.0 $36.0
1987 $7.3 $13.3 N/A$22.1 $42.7
1988 $6.1 $16.4 11.4%$60.6 $83.1
1989 $7.6 $19.5 12.2%$20.2 $47.3
1990 $6.6 $18.7 10.1%$24.7 $50.0
1991 $6.9 $22.0 11.8%$26.3 $55.2
1992 $7.0 $22.4 11.5%$29.9 $59.3
1993 $7.3 $24.1 11.9%$29.6 $61.0
1994 $7.8 $23.1 10.8%$27.4 $58.3
1995 $7.6 $22.2 9.8%$26.9 $56.7
Expenses by Type
Fiscal
YearBenefitsRefundsTotal
1986 $9.5 $0.7 $10.2
1987 $11.6 $0.7 $12.3
1988 $13.0 $0.8 $13.8
1989 $15.0 $1.1 $16.1
1990 $17.4 $1.2 $18.6
1991 $21.1 $2.4 $23.5
1992 $24.2 $1.0 $25.2
1993 $26.5 $0.8 $27.3
1994 $29.2 $0.9 $30.1
1995 $32.6 $0.0 $32.6

Contributions were made in accordance with actuarially determined contribution requirements.

SOURCE: Municipal Employees' Retirement System Actuary's Note Disclosures as of June 30, 1995

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