HomeMy WebLinkAbout2010 08 10 Informational 100 Pension ExpendituresDate: August 10, 2010
The attached document was provided to the
Winter Springs Board of Trustees and was
discussed during Informational Agenda Item
"100" at the August 10, 2010 Regular Meeting.
City of Winter Springs , Florida
STATEMENT OF CHANGES IN FIDUCIARY NET ASSETS
FIDUCIARY FUNDS
For 6 Months Ended June 30, 2010
Defined Benefit Pension Trust
Net Assets - Beginning Balance $ 17,327,600
Additions:
Contributions:
Employer $ 1,286,047
Plan Members 222,076
Total Contributions 1,508,123
Investment Income:
Net appreciation in Fair value of investments 58,842
Interest /Earnings 182,167
Nest Investment Income 241,009
Total Additions 1,749,132
Deductions:
Benefits (654,030)
Administrative Expenses (121,319)
Total Deductions (775,349)
Change in net Assets 973,783
Net Assets - Ending Balance $ 18,301,383
% Change in Net Assets 5.6%