The fund has $6,021 in total assets. If the funds annual losses were the same, it would run out of money in one year without these subsidies.
The fund earned $28 in investment income and other revenue in 2016. At the same time, it paid out $26,056 in expenses, according to the 2017 biennial report detailing the health of each of the states pension funds and retirement systems. The difference between the two shows the funds annual loss without subsidies.
Taxpayers added $24,246 to the funds revenue last year – an amount that has decreased from $24,743 five years ago. Members made no contributions this year.
In all, subsidies amounted to $24,246 in 2016.
non-subsidy revenue over five years
| Year | Total non-subsidy revenue | Total expenses | Outcome without subsidies |
|---|---|---|---|
| 2016 | $28 | $26,056 | -$26,028 |
| 2015 | $31 | $25,579 | -$25,548 |
| 2014 | $33 | $25,102 | -$25,069 |
| 2013 | $32 | $24,626 | -$24,594 |
| 2012 | $32 | $24,149 | -$24,117 |
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