Montana Lottery Annual Report 1992

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The pension benefit obligation at June 30. 1 991 .
for the State system as a whole was $1 ,1 73,852,092.
The system's net assets available for benefits at cost on June 30. 1991 , were $919,474,377 leaving an overall unfunded pension benefit obligation of $254,377,715. The Lottery's 1992 contribution represented approximately .01 percent of total June 30, 1992, contributions required of all participating entities.
The Lottery is not responsible for any state system unfunded liability.
Ten-year h
...istorical trend information showing the State system's progress in accumulating sufficient assets to pay benefits when due is presented In the system's June 30. 1992, annual financial report.
Only the first two years of the required 3-year trend information is available.
6. Deferrsd Compensa- tion Plan - The Lottery's employees are eligible to participate In the State of Montana's deferred compensation plan. The State of Montana administers the plan by contractural arrangement with Nationwide Insurance.


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