Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2004
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In our eReader you can find the full English version of the book. Read Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2004 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2004
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Re- funds/distributions increased from $629 thou- sand in fiscal year 2003 to $2.2 million in fis- cal year 2004. The $1.6 million increase in refunds/distributions from 2003 to 2004 was due to the majority of the existing members not transferring to the DCRP until the end of 2003 and any refunds/distributions from those members did not occur until 2004. The costs of administering the plan decreased from $552 thousand in fiscal year 2003 to $214 thousand in fiscal year 2004, a decrease of $337....7 thousand (61.0 percent) from fiscal year 2003. The decrease in administrative costs was mainly due to a reduction in initial plan implementation costs experienced in the first year of operation.
state employees and there has been a pay freeze on state wages. The plan recognized net investment income of $16.1 million for fiscal year 2004 compared with net invest- ment income of $8.5 million for fiscal year 2003. The increase in investment income is mainly due to the turnaround in the equity market.
What to read after Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2004?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Legislative Audit Division to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Re- funds/distributions increased from $629 thou- sand in fiscal year 2003 to $2.2 million in fis- cal year 2004. The $1.6 million increase in refunds/distributions from 2003 to 2004 was due to the majority of the existing members not transferring to the DCRP until the end of 2003 and any refunds/distributions from those members did not occur until 2004. The costs of administering the plan decreased from $552 thousand in fiscal year 2003 to $214 thousand in fiscal year 2004, a decrease of $337....7 thousand (61.0 percent) from fiscal year 2003. The decrease in administrative costs was mainly due to a reduction in initial plan implementation costs experienced in the first year of operation.
state employees and there has been a pay freeze on state wages. The plan recognized net investment income of $16.1 million for fiscal year 2004 compared with net invest- ment income of $8.5 million for fiscal year 2003. The increase in investment income is mainly due to the turnaround in the equity market.
What to read after Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2004?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Legislative Audit Division to read onlineMoreLess
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