| Fiduciary net position restricted for pension benefits |
$645,802,312 |
$355,549,556 |
| Contributions |
| Municipalities/municipal agencies |
$18,783,742 |
$15,045,447 |
| Employees |
$7,730,667 |
$9,438,575 |
| Addition of Members |
– |
– |
| Investment (loss) income, net |
($92,581,202) |
($48,479,026) |
| Investment income on participant loans |
– |
$363,453 |
| Benefits, including member refunds |
$38,025,273 |
$31,469,625 |
| Withdrawal of municipalities |
– |
– |
| Administrative expenses |
$1,291,476 |
$1,214,820 |
| Changes in fiduciary net position |
($105,383,542) |
($56,315,996) |