Department of Retirement Systems
Last Updated: 01/07/2025
Budgeted Operating Expenditures
Dollars in Thousands
Does Not Include Higher Education Tuition and Fee Accounts)
Fiscal Year 2025 through December 2024
| Department of Retirement Systems | Fiscal Year 2025 Actual | Fiscal Year Total Estimate | Fiscal Year to Date Actual | Balance |
|---|---|---|---|---|
Staffing |
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| Total Full Time Equivalent Staff Years | 292 | 347 | 309 | 38 |
| Statewide Totals | 292 | 347 | 309 | 38 |
Programs |
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| Administration | 19,570 | 21,558 | 8,690 | 12,867 |
| Retirement Operations | 11,286 | 12,560 | 4,754 | 7,805 |
| Information Services | 26,901 | 31,469 | 14,249 | 17,220 |
| Deferred Compensation | 2,076 | 2,554 | 965 | 1,589 |
| Old Age and Survivors Insurance Program | 172 | 187 | 77 | 111 |
| Total Programs | 60,006 | 68,328 | 28,735 | 39,592 |
Objects of Expenditures |
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| Salaries and Wages | 23,786 | 27,411 | 10,590 | 16,821 |
| Employee Benefits | 8,172 | 9,561 | 3,601 | 5,960 |
| Professional Service Contracts | 17,272 | 19,880 | 8,733 | 11,146 |
| Goods and Other Services | 10,428 | 11,156 | 5,729 | 5,427 |
| Travel | 175 | 143 | 72 | 70 |
| Capital Outlays | 173 | 178 | 10 | 168 |
| Total Objects of Expenditures | 60,006 | 68,328 | 28,735 | 39,592 |
Source of Funds |
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| General Fund State | 263 | |||
| Other Funds Non-Appropriated | 8,742 | 9,755 | 3,844 | 5,911 |
| Other Funds State | 51,001 | 58,573 | 24,892 | 33,681 |
| Total Source of Funds | 60,006 | 68,328 | 28,735 | 39,592 |
