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Annual Report of the Comptroller, 2000
Volume 363, Page 83   View pdf image (33K)
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STATE OF MARYLAND

Required Supplemental Schedule of Funding Progress for
Mass Transit Administration Pension Plan

(Expressed in Thousands)

Actuarial

 

Actuarial

Unfunded

   

Unfunded AAL

Valuation

Actuarial

Accrued

Actuarial

   

as a

Date

Value of

Liability

Accrued

Funded

Covered

Percentage of

June 30

Assets

Entry Age

Liability

Ratio

Payroll

Covered Payroll

2000

$71,566

$199,455

$127,889

35.9%

$102,923

124.3%

1999

60,829

181,064 (1)

120,235

33.6

104,569

115.0

1998

51,208

167,330

116,122

30.6

98,814

117.5

1997

42,739

172,076

129,337

24.8

95,333

135.7

1996

34,568

141,381

106,813

24.5

95,550

111.8

1995

24,470

137,826

113,356

17.8

92,445

122.6

1994

17,572

126,351

108,779

13.9

88,491

122.9

1993

13,447

95,032

81,585

14.1

87,134

93.6

1992

8,891

92,718

83,827

9.6

80,700

103.9

1991

5,792

87,586

81,794

6.6

77,451

105.6

(1) Fiscal year 1999 has been restated to include changes pertaining to the 1999 Collective Bargaining Agreement.

Required Supplemental Schedule of Employer Contributions for
Mass Transit Administration Pension Plan

(Expressed in Thousands)

Year

Annual

 

Ended

Required

Percentage

June, 30

Contribution

Contributed

2000

$13,721

100%

1999

13,103

100

1998

13,902

100

1997

11,502

100

1996

11,918

100

1995

11,323

100

1994

8,452

100

1993

8,467

100

1992

7,327

100

1991

7,677

100

83

 

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Annual Report of the Comptroller, 2000
Volume 363, Page 83   View pdf image (33K)
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