Financial Highlights

Financial Metric 2025 Defined Benefit 2025 Defined Contribution
Fiduciary net position restricted for plan benefits $824,166,070 $474,706,886
Contributions
Municipalities/municipal agencies $20,844,380 $18,800,092
Employees $10,141,959 $11,318,115
Investment (loss) income, net $92,935,870 $49,036,297
Investment income on participant loans $722,781
Benefits, including member refunds $43,376,651 $30,867,272
Administrative expenses $1,630,585 $1,464,516
Changes in fiduciary net position $73,865,360 $47,545,497