Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
2Activity
0 of .
Results for:
No results containing your search query
P. 1
Pers Facts Figures

Pers Facts Figures

Ratings: (0)|Views: 843|Likes:
Published by the kingfish

More info:

Published by: the kingfish on Sep 21, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

09/21/2012

pdf

text

original

 
PERS Facts & Figures
 As presented September 18, 2012 to the Joint Legislative Budget Committee
(Revised September 22, 2012) June 30, 2012, data in this book is unaudited 
 
2 PERS Facts & Figures - September 18, 2012
 All data as of June 30, 2012, unless otherwise noted).
The mission of the Public Employees’ Retirement System of Mississippi
is to provide secure benets to our members andconsistently deliver quality service by meeting our customers’ needs,operating efciently and transparently, investing and managing assets prudently, andacting in the best interest of all members.
Our Mission
 
PERS Facts & Figures - September 18, 2012
 All data as of June 30, 2012, unless otherwise noted).
3
Table of Contents
Key Information .......................................................................................................................................5
Total System Overview .......................................................................................................................
6
Total System Membership ..................................................................................................................
7
Retirement Eligibility as Percentage of Active Members ....................................................................
7
Total System Covered Employers and Members ...............................................................................
8
Member Salary Distribution ................................................................................................................
8
 Annuity Distribution for PERS Service Retirees .................................................................................
8
PERS Service Retirees by Age at Retirement....................................................................................
9
PERS Service Retirees with
>
25 Years at Retirement ......................................................................
9
PERS Retirement Based on Service and Age....................................................................................
9
Total System Retirees and Beneciaries over Age 100......................................................................
9
Number of PERS Retirees Added by Year .......................................................................................10Percentage Change in Number of PERS Retirees Added by Year ..................................................10Investment Asset Allocation..............................................................................................................10Sources of Revenue - 30 Years........................................................................................................10Dened Benet Retirement Plans ....................................................................................................11 Annual Benet Payments per Mississippi County ............................................................................12Mississippi Key Findings ..................................................................................................................14
Financial .................................................................................................................................................17
Total System Revenues and Expenses ............................................................................................18Growth in PERS Net Assets .............................................................................................................19Growth in PERS Net Assets over 30 Years ......................................................................................19
Assets and Investments .......................................................................................................................21
Investment Assets FY 2002 - FY 2012 .............................................................................................
22
Investment Asset Allocation..............................................................................................................
22
 Annual Rates of Return FY 1981 - FY 2012 .....................................................................................
22Investments
......................................................................................................................................
23
 Ancillary Income Recap....................................................................................................................24
Actuarial .................................................................................................................................................25
PERS Funded Status History ...........................................................................................................
26
PERS Funded Ratio .........................................................................................................................
28
PERS Funded Status .......................................................................................................................
28
PERS Amortization Period of Unfunded Accrued Liability ................................................................
29
PERS Contribution Rate History ......................................................................................................
29
Percent of State Employer Contributions to State Expenses ...........................................................30PERS Projected Employer Contribution Rate ..................................................................................30Percent of Total Contributions: PERS vs Nation ..............................................................................31MS Highway Safety Patrol Retirement System (MHSPRS) .............................................................
32
MHSPRS Contribution Rate History .................................................................................................
33
MHSPRS System Membership ........................................................................................................
33
MHSPRS Projected Employer Contribution Rate.............................................................................
33
Supplemental Legislative Retirement Plan (SLRP) ..........................................................................34SLRP Contribution Rate History .......................................................................................................
35
SLRP System Membership ..............................................................................................................
35
SLRP Projected Employer Contribution Rate ...................................................................................
35

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->