Mpera Directions 2001 Win

Cover Mpera Directions 2001 Win
Mpera Directions 2001 Win
Montana. Public Employees' Retirement Board
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Decedent's warrant ! Life insurance ! Deferred compensation benefit 35,000 copies of this public document were published at an estimated cost of .102 cents per copy, for a total cost of $3,570.00 which includes $3,570.00 for printing and $00 for distribution.
MPERA Directions - Winter 2001 Retirement Systems in Excellent Financial Health Y our r e I i r e m e i I system is in very good f i it tt c i 1 1 shape ■ ■ p e rt a p s lie best c o n d ilio i since 1 t e s y i I e m w as started.
How did
... it get to be that way?
We didn't mortgage the future.
The Public Employees' Retirement Board and staff have long worked with legislators to ensure current funding for benefit improvements granted. The leg- islature generally agreed that the retirement system could not simply give away benefits without proper funding.
Administration is very efficient.
The annual administrative cost to collect contribu- tions, to invest the pension trust fund, and to pay benefits is 12/100 of one percent of the fund bal- ance.


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