Teachers Retirement System


Fiscal Year Actuarial Request Actual Funding Percent of Request Unfunded Pension Benefit Obligation (market value - 6/30 data) Percent Actuarial Funding (6/30 data)
1998 $33,519,949 --
1997 $30,721,768 $18,080,000 58.9%
1996 $28,711,597 $11,480,000 40.0% $ 6,656,607 99.1%
1995 $27,451,926 $18,080,000 65.9% $29,789,532 95.3%
1994 $25,805,408 $20,580,000 79.8% $45,587,841 91.9%
1993 $28,819,875 $19,890,048 69.0% $17,596,724 96.5%
1992 $28,595,220 $14,618,922 51.1% $80,789,000 84.2%
1991 $25,013,437 $15,000,000 60.0% $87,246,300 81.1%
Totals $164,397,463 $99,648,970 60.6%

Source: Joint Fiscal Office Analysis