STATE OF CONNECTICUT Comprehensive Annual Financial Report - Municipal Employees' 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
State Contributions
Fiscal
Year
Employee
Contributions
Dollar
Amount
% of Annual
Covered Payroll
Investment
Income
Total
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
1996 $8.4 $23.9 10.1%$103.2 $135.5
Expenses by Type
Fiscal
YearBenefitsRefundsTotal
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
1996 $34.8 $2.0 $36.8

Contributions were made in accordance with actuarially determined contribution requirements.

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