financial audit: public employees' retirement board_part2

Một định giá tính toán bảo hiểm tài sản PERS DBRP và nghĩa vụ lợi ích thường được thực hiện hai năm một lần. House Bill 771, có hiệu lực 01 tháng 6 năm 2007 và thông qua trong phiên họp lập pháp năm 2007, yêu cầu định giá được thực hiện hàng năm. | ger refunds. For fiscal year 2007 the costs of administering the plan s benefits amounted to million a decrease of 205 thousand percent from fiscal year 2006. The decrease in administrative expenses for the fiscal year 2007 was due to vacancy savings a reduction in planned expenses on publications and other expenses associated with member communications. An actuarial valuation of the PERS-DBRP assets and benefit obligations is usually performed every two years. House Bill 771 effective June 1 2007 and passed during the 2007 Legislative session requires valuations to be performed annually. At June 30 2007 the date of the most recent actuarial valuation the funded status of the plan increased to 91 percent from 88 percent at June 30 2006. Fiduciary Net Assets - Defined Benefit Plans Xis of June 30 2007 - and comparative totals for June 30 2006 dollars in thousands J RS HPORS SRS PERS 2007 2006 2007 2006 2007 2006 2007 2006 Assets Cash and Receivables 122 070 102 576 1 899 1 627 2 993 2 320 6 234 5 820 Securities Lending Collateral 202 100 67 426 3 070 1 044 5 113 1 760 9 737 3 268 Investments Property and Equipment 3 982 097 3 419 270 60 036 51 067 99 833 86 474 190 690 159 936 Intangible Assets 213 103 2 1 2 1 3 2 Total Assets 4 306 480 3 589 375 65 007 53 739 107 941 90 555 206 664 169 026 Liabilities Securities Lending Collateral 202 100 67 426 3 070 1 044 5 113 1 760 9 737 3 268 Other Payables 943 966 7 7 27 27 81 89 Total Liabilities 203 043 68 392 3 077 1 051 5 140 1 787 9 818 3 357 Total Net Assets 4 103 437 3 520 983 61 930 52 688 102 801 88 768 196 846 165 669 Changes In Fiduciary Net Assets - Defined Benefit Plans For the year ended June 30 2007 - and comparative totals for June 30 2006 dollars in thousands PERS JRS HPORS SRS 2007 2006 2007 2006 2007 2006 2007 2006 Additions Contributions 136 791 155 161 1 588 1 562 4 924 4 033 9 307 7 245 Investment Income Loss 629 559 293 679 9 435 4 344 15 875 7 453 29 732 13 566 Total Additions 766 350 448 840 .