REPORT DIGEST STATE EMPLOYEES' RETIREMENT SYSTEM OF ILLINOIS COMPLIANCE AUDIT Summary of Findings:
Release Date: WILLIAM G. HOLLAND Iles Park Plaza To obtain a copy of the Report contact: This Report Digest is also available on |
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STATE EMPLOYEES' RETIREMENT SYSTEM OF ILLINOIS
INFORMATION FROM FINANCIAL AND COMPLIANCE AUDITS
TWO YEARS ENDED JUNE 30, 1998
FINANCIAL OPERATIONS | FY 1998 |
FY 1997 |
REVENUES Contributions:
Net investment income EXPENSES
Refunds |
223,765,249 14,812,967 |
213,670,347
12,635,835 |
SELECTED ACCOUNT BALANCES | JUNE 30, 1998 |
JUNE 30, 1997 |
Cash Receivables Investments, at fair value Property and equipment, net of accumulated depreciation Liabilities Net Assets Held in Trust for Benefits Actuarial Accrued Liability Unfunded Liability |
$79,514,954 |
$69,478,145 |
SUPPLEMENTARY INFORMATION | FY 1998 |
FY 1997 |
Number of System employees Number of retirees and beneficiaries currently receiving benefits Inactive members not yet receiving benefits Current Members: Vested Nonvested Total Return on Investments |
80 40,431 |
78 39,231 |
EXECUTIVE SECRETARY |
During Audit Period: Michael L. Mory Currently: Michael L. Mory |