Microsoft Word - State Emp Pension Plan FS Template for 2018.docx

… nfir med by the State Senate, plus two ex-officio members. The daily operation is the responsibility of the Office of Pensions. Although Plan assets are comingled with assets of other Plans and Funds for investment purposes, the Plan’s assets m …

… iffer from those estimates. 3. Allocation Methodology GASB Statement No. 68, A ccounting and Financial Reporting for Pensions , requires participating employers in the Plan to recognize their proportionate share of collective net pension liabi …

… as deferred outflows of resources and deferred inflows of resources (excluding employer specific amounts) related to pensions will be recognized in pension expense as follows (in thousands): Year ending June 30 2019 $ 158,874 2020 100,009 …