124 - Department of Retirement Systems
Last Updated: 04/04/2024
Summary Financial Report for 2023-25 Biennium to Date
Dollars in thousands
All Funds Variance to Date
5,264 Underexpenditure
11.9% 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 | 13,572 | 13,236 | 336 | 2.5% |
Retirement Operations | 8,415 | 7,535 | 881 | 10.5% |
Information Services | 20,176 | 16,535 | 3,641 | 18.0% |
Deferred Compensation | 1,803 | 1,402 | 401 | 22.2% |
Old Age and Survivors Insurance Program | 120 | 115 | 6 | 4.7% |
Totals | 44,086 | 38,823 | 5,265 | 11.9% |
FTE
Program | Estimate | Actual | Variance | % Variance |
---|---|---|---|---|
Administration | 91 | 74 | 17 | 18.8% |
Retirement Operations | 138 | 121 | 17 | 12.3% |
Information Services | 106 | 77 | 30 | 27.8% |
Deferred Compensation | 20 | 17 | 3 | 14.1% |
Old Age and Survivors Insurance Program | 1 | 1 | 0.10 | 7.7% |
Totals | 357 | 290 | 67 | 18.7% |
Expenditure by Fund Group
Program | Estimate | Actual | Variance | % Variance |
---|---|---|---|---|
General Fund State | 387 | 263 | 124 | 32.1% |
Other Funds Non-Appropriated | 6,245 | 5,795 | 449 | 7.2% |
Other Funds State | 37,455 | 32,765 | 4,690 | 12.5% |
Totals | 44,087 | 38,823 | 5,263 | 11.9% |
Revenue by Fund Group
Program | Estimate | Actual | Variance | % Variance |
---|---|---|---|---|
Other Funds State | 40,023 | 40,637 | 614 | 1.5% |
Totals | 40,023 | 40,637 | 614 | 1.5% |
Deficit Fund Balance
Program | BTD Balance | Proj. Balance |
---|---|---|
Department of Retirement Systems Expense Account | (29) | 11,737 |
Money-Purchase Retire Savings Admin Acct | ||
OASI Revolving Account | (115) | 6 |
Revenue by Fund
Program | Estimate | Actual | Variance | % Variance |
---|---|---|---|---|
Department of Retirement Systems Expense Account | 38,739 | 38,576 | (163) | (0.4%) |
OASI Revolving Account | ||||
Deferred Compensation Administrative Account | 1,284 | 2,061 | 777 | 60.5% |
Totals | 40,023 | 40,637 | 614 | 1.5% |