Comprehensive Annual Financial Report - Minnesota State ...

Solvency Test
60
Last Six Years (in Thousands)
General Employees Retirement Fund
Actuarial Accrued Liability For: Portion of Accrued
Active Current Retirees Active Members Liabilities Covered
Valuation Member and (Employer Financed) Valuation by Valuation Assets
Date Contribution (1) Beneficiaries(2) Portion (3) Assets 1 2 3
6-30-07 $1,974,734 $ 9,374,533 $6,356,360 $12,985,324 100% 100% 25.7%
6-30-08 2,109,827 9,826,846 5,793,174 13,048,970 100 100 19.2
6-30-09 2,273,256 10,368,306 6,157,854 13,158,490 100 100 8.4
6-30-10 2,420,862 9,713,177 5,046,917 13,126,993 100 100 19.7
6-30-11 2,548,609 10,195,812 5,154,428 13,455,753 100 100 13.8
6-30-12 2,644,948 10,785,022 5,168,927 13,661,682 100 100 4.5
Public Employees Police and Fire Fund
Actuarial Accrued Liability For: Portion of Accrued
Active Current Retirees Active Members Liabilities Covered
Valuation Member and (Employer Financed) Valuation by Valuation Assets
Date Contribution (1) Beneficiaries(2) Portion (3) Assets 1 2 3
6-30-07 $404,434 $3,333,906 $1,931,007 $5,198,922 100% 100% 75.6%
6-30-08 440,786 3,513,091 1,964,184 5,233,015 100 100 65.1
6-30-09 485,324 3,729,392 2,081,558 5,239,855 100 100 49.2
6-30-10 531,676 3,547,230 1,884,766 5,188,339 100 100 58.9
6-30-11 571,695 3,801,239 1,990,612 5,274,602 100 100 45.3
6-30-12 609,387 4,654,847 2,139,061 5,797,868 100 100 24.9
Public Employees
Retirement Association
of Minnesota