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Department of Retirement Systems

Last Updated: 10/07/2024

Budgeted Operating Expenditures

Dollars in Thousands

Does Not Include Higher Education Tuition and Fee Accounts)

Fiscal Year 2025 through September 2024

Department of Retirement Systems Fiscal Year 2025 Actual Fiscal Year Total Estimate Fiscal Year to Date Actual Balance

Staffing
Total Full Time Equivalent Staff Years 292 323 307 16
Statewide Totals 292 323 307 16

Programs
Administration 19,570 21,558 3,642 17,916
Retirement Operations 11,286 12,560 1,901 10,659
Information Services 26,901 18,008 6,551 11,456
Deferred Compensation 2,076 2,459 392 2,066
Old Age and Survivors Insurance Program 172 187 31 157
Total Programs 60,006 54,771 12,517 42,254

Objects of Expenditures
Salaries and Wages 23,786 25,095 4,204 20,891
Employee Benefits 8,172 8,794 1,430 7,364
Professional Service Contracts 17,272 11,687 4,998 6,689
Goods and Other Services 10,428 8,875 1,865 7,010
Travel 175 143 18 124
Capital Outlays 173 178 2 176
Total Objects of Expenditures 60,006 54,771 12,517 42,254

Source of Funds
General Fund State 263
Other Funds Non-Appropriated 8,742 9,660 1,550 8,111
Other Funds State 51,001 45,111 10,968 34,143
Total Source of Funds 60,006 54,771 12,517 42,254