Divestment Annual Report - Pennsylvania Treasury

Annual Report of Activities Pursuant to Act 44 of 2010 September 30, 2012
EXPENSE AMOUNT
Supplies $9.00
Technology $1,188.00
Treasury Total Expenses Reimbursed by the General Fund $93,546.92
Four Funds’ Total Expenses Reimbursed by the General Fund $164,705.64
*Since investment gains from PSERS’s transactions exceeded its administrative costs of
compliance, Act 44 does not authorize reimbursement for PSERS.
Table 11: Cost and Losses (Gains) of Investments for the period ending June 30,
2012, by category of expense
EXPENSE AMOUNT
Consulting Services $90,000.00
Investment Losses (Gains) $1,746,242.00
Postage $49.41
Salaries of Staff $53,792.33
Supplies $20.63
Technology $1,188.00
Table 12: Cost and Losses (Gains) of Investments for the period ending June 30,
2012, by fund
EXPENSE AMOUNT
PMRS
Investment Losses (Gains) $137,203.16
Salaries of Staff $700.00
Total Expenses Incurred by PMRS During the Reporting Period $137,903.16
PSERS
Investment Losses (Gains) $504,517.79
Salaries of Staff $9,757.69
Total Expenses Incurred by PSERS During the Reporting Period $514,275.48
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