Hội đồng quản trị nghỉ hưu, công chức Một đơn vị phần của Nhà nước Thảo luận Montana quản lý và phân tích Phần này trình bày thảo luận quản lý và phân tích của Ban Hưu trí, công chức Montana (PERB) trình bày về tài chính và thực hiện kế hoạch quản lý bởi các PERB cho năm kết thúc ngày 30 Tháng Sáu 2009. | Public Employees Retirement Board Management s Discussion and Analysis Financial Statements Notes and Supplemental Information This is trial ve 08-08B This is trial version A-3 Public Employees Retirement Board A Component Unit of the State of Montana Management s Discussion and Analysis This section presents management s discussion and analysis of the Montana Public Employees Retirement Board s PERB financial presentation and performance of the plans administered by the PERB for the year ending June 30 2009. Financial Highlights The PERB s combined total net assets of the defined benefit plans decreased by billion or percent in fiscal year 2009. The decrease was primarily due to the negative investment income in each of the plans. The PERB s defined contribution plans combined total net assets decreased by million or percent in fiscal year 2009. The total decrease in net assets was due to the negative investment income in both the PERS-defined contribution plan and the deferred compensation plan. Revenues additions to plan net assets for the PERB s defined benefit plans for fiscal year 2009 was million which includes member and employer contributions of million and a net investment loss of million. Revenues additions to plan net assets for the PERB s defined contribution plans for fiscal year 2009 was million which includes member and employer contributions of million and a net investment loss of million. Expenses deductions to plan net assets for the PERB s defined benefit plans in creased from million in fiscal year 2008 to million in fiscal year 2009 or about percent. The increase in 2009 is primarily due to an increase in total benefit recipients. Expenses deductions to plan net assets for the PERB s defined contribution plans decreased from million in fiscal year 2008 to million in fiscal year 2009 or about negative percent. The decrease in .
