ACTUAL FY 2009	ACTUAL FY 2010	BUDGETED FY 2011	REQUESTED FY 2012	GOVERNOR'S RECOMMENDED FY 2012	RECOMMENDED INC/(DEC) FY 2012
FUNDING SOURCE:
General Funds	$0	$0	$0	$0	$0	$0
Federal Funds	0	0	0	0	0	0
Other Funds	3,377,065	3,367,687	3,735,876	3,362,876	3,340,610	(395,266)
Total	$3,377,065	$3,367,687	$3,735,876	$3,362,876	$3,340,610	($395,266)
EXPENDITURE DETAIL:
Personal Services	$1,719,533	$1,799,266	$1,915,902	$1,836,902	$1,836,902	($79,000)
Operating Expenses	1,657,531	1,568,420	1,819,974	1,525,974	1,503,708	(316,266)
Total	$3,377,065	$3,367,687	$3,735,876	$3,362,876	$3,340,610	($395,266)
Staffing Level FTE:	30.7	32.0	33.0	33.0	33.0	0.0

	ACTUAL FY 2009	ACTUAL FY 2010	ESTIMATED FY 2011	ESTIMATED FY 2012
REVENUES:
Contributions	$191,091,000	$196,670,394	$202,257,000	$208,325,000
Investment Income	-1,659,000,000	869,469,600	502,800,000	541,000,000
Benefits Paid	-,306,787,000	-,325,822,278	-,332,665,000	-,339,000,000
Refunds Paid	-24,421,000	-29,194,012	-29,780,000	-30,375,000
Total	$-1,799,117,000	$711,123,704	$342,612,000	$379,950,000
PERFORMANCE INDICATORS:
Budget Compared to Assets	0.063%	0.057%	0.053%	0.050%
Budget Compared to Benefits	1.18%	1.14%	1.12%	1.10%
Budget Compared to Contributions	1.9%	1.9%	1.9%	1.8%
Members Per FTEs	2,200	2,219	2,243	2,265
Turnover Rate for FTEs - Managerial	0.0%	0.0%	0.0%	0.0%
Turnover Rate for FTEs - Nonmanagerial	12.0%	16%	4.0%	4%

generated 01/14/11 12:33:32 PM