Fiscal year Ended June 30, 2007 - psers

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Page 6 Five-Year History of Total Funded Ratio* ($ Amounts in Millions) Valuation as of June 30 Accrued Liability Actuarial Value of Assets Unfunded Accrued Liability Funded Ratio 2007 $ 66,593.1 $ 57,155.1 $ 9,438.0 85.8% 2006 64,720.1 52,557.5 12,162.6 81.2 2005 61,226.6 51,219.3 10,007.3 83.7 2004 57,123.0 52,094.5 5,028.5 91.2 2003 54,443.8 52,900.5 1,543.3 97.2 *For Pensions and Health Insurance (under the funding provisions of the PSERS code) The following chart shows a five-year history of the accrued liability and the actuarial value of assets: Five-Year History of Accrued Liability and Actuarial Value of Assets $ in Billions $70 $60 $50 $40 $30 $20 $10 $0 2003 2004 2005 2006 2007 Accrued Liability Actuarial Value of Assets THE PUBLIC SCHOOL EMPLOYEES’ RETIREMENT SYSTEM OF PENNSYLVANIA BUCK CONSULTANTS
The following chart shows a ten-year history of the total funded ratio for Pensions and Health Insurance: Page 7 Ten-Year History of Total Funded Ratio (1998 - 2007) 130% 120% 110% 100% Percent 90% 80% 70% 60% 50% 40% 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Years THE PUBLIC SCHOOL EMPLOYEES’ RETIREMENT SYSTEM OF PENNSYLVANIA BUCK CONSULTANTS
Page 1 and 2: THE PUBLIC SCHOOL EMPLOYEES' RETIRE
Page 3 and 4: The Retirement Board Public School
Page 5 and 6: Page 1 Executive Summary This repor
Page 7 and 8: Page 3 Summary of Principal Results
Page 9: Page 5 Funded Ratio The financing o
Page 13 and 14: Page 9 GASB No. 43 Disclosure GASB
Page 15 and 16: Page 11 TABLE 1 SUMMARY OF RESULTS
Page 17 and 18: Page 13 TABLE 3 DETERMINATION OF HE
Page 19 and 20: Page 15 TABLE 5 DERIVATION OF ACTUA
Page 21 and 22: Page 17 TABLE 7 SCHEDULE OF FUNDING
Page 23 and 24: Page 19 TABLE 8b SCHEDULE OF EMPLOY
Page 25 and 26: Page 21 TABLE 10 HISTORY AND PROJEC
Page 27 and 28: Page 23 TABLE 12 DESCRIPTION OF ACT
Page 29 and 30: Page 25 TABLE 12 DESCRIPTION OF ACT
Page 31 and 32: Page 27 TABLE 13 SUMMARY OF BENEFIT
Page 33 and 34: Page 29 TABLE 13 SUMMARY OF BENEFIT
Page 35 and 36: EXHIBIT I Page 31 ACTIVE MEMBERSHIP
Page 37 and 38: EXHIBIT III Page 33 THE NUMBER AND
Page 39 and 40: EXHIBIT V Page 35 ANNUITANT AND BEN
Page 41 and 42: EXHIBIT VI (Continued) Page 37 10 Y
Page 43 and 44: TABLE 1 Page 39 THE NUMBER AND ANNU
Page 49 and 50: TABLE 3 (Continued) Page 45 THE NUM
Page 57: EXHIBIT VIII Page 53 GLOSSARY (Cont

Fiscal year Ended June 30, 2007 - psers

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