124 - Department of Retirement Systems
Last Updated: 07/07/2025
Summary Financial Report for 2023-25 Biennium to Date
Dollars in thousands
All Funds Variance to Date
10,940 Underexpenditure
8.5% Underexpenditure
Planned vs. Actual Cumulative Expenditures - All Funds
Monthly Planned vs. Actual Expenditures - All Funds
Monthly Planned vs. Actual Expenditures - GFS
Expenditure by Program
Program | Estimate | Actual | Variance | % Variance |
---|---|---|---|---|
Administration | 40,030 | 38,863 | 1,167 | 2.9% |
Retirement Operations | 24,000 | 22,293 | 1,707 | 7.1% |
Information Services | 59,835 | 52,633 | 7,202 | 12.0% |
Deferred Compensation | 5,105 | 4,262 | 844 | 16.5% |
Old Age and Survivors Insurance Program | 357 | 338 | 20 | 5.5% |
Totals | 129,327 | 118,389 | 10,940 | 8.5% |
FTE
Program | Estimate | Actual | Variance | % Variance |
---|---|---|---|---|
Administration | 92 | 76 | 16 | 17.8% |
Retirement Operations | 138 | 124 | 14 | 9.9% |
Information Services | 103 | 82 | 21 | 20.0% |
Deferred Compensation | 20 | 18 | 2 | 8.6% |
Old Age and Survivors Insurance Program | 1 | 1 | 0.10 | 7.7% |
Totals | 354 | 301 | 52 | 14.8% |
Expenditure by Fund Group
Program | Estimate | Actual | Variance | % Variance |
---|---|---|---|---|
General Fund State | 387 | 263 | 124 | 32.1% |
Other Funds Non-Appropriated | 18,428 | 17,280 | 1,148 | 6.2% |
Other Funds State | 110,513 | 100,846 | 9,667 | 8.7% |
Totals | 129,328 | 118,389 | 10,939 | 8.5% |
Revenue by Fund Group
Program | Estimate | Actual | Variance | % Variance |
---|---|---|---|---|
Other Funds State | 120,665 | 129,842 | 9,177 | 7.6% |
Totals | 120,665 | 129,842 | 9,177 | 7.6% |
Revenue by Fund
Program | Estimate | Actual | Variance | % Variance |
---|---|---|---|---|
Department of Retirement Systems Expense Account | 115,688 | 122,088 | 6,400 | 5.5% |
OASI Revolving Account | 363 | 351 | (12) | (3.3%) |
Deferred Compensation Administrative Account | 4,614 | 7,403 | 2,789 | 60.4% |
Totals | 120,665 | 129,842 | 9,177 | 7.6% |
Deficit Fund Balance
Program | BTD Balance | Proj. Balance |
---|---|---|
Money-Purchase Retire Savings Admin Acct | ||
OASI Revolving Account | 14 | (16) |