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Inflation Adjustment
  • CPI: adjusts for changes in the cost of goods and services purchased by consumers
  • IPD: adjusts for changes in the cost of goods and services purchased by governments
  • Economic Growth: adjusts for changes in the size of the state economy (measured in terms of total personal income)
  • None: does not capture changes in the value of a dollar over time.

Pension Reserves Investment Trust (PRIT) Statutory Transfer

1595-1010

funding levels adjusted for inflation (cpi)

  • Funding History
  • Proposals

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Adjusted for inflation (cpi) NOT adjusted
FY20 GAA $0 $2,864,298,555
FY19 $0 $2,612,924,409
FY18 $0 $2,394,497,926
FY17 $0 $2,198,092,616
FY16 $0 $1,972,000,000
FY15 $0 $1,793,000,000
FY14 $0 $1,630,000,000
FY13 $0 $1,552,000,000
FY12 $0 $1,478,000,000
FY11 $0 $1,441,811,000
FY10 $0 $1,376,619,000
FY09 $0 $1,313,000,000
FY08 $0 $1,398,600,000
FY07 $0 $1,335,176,000
FY06 $0 $1,274,675,000
FY05 $0 $1,216,936,000
FY04 $0 $687,335,000
FY03 $0 $0
FY02 $0 $0
FY01 $0 $0
  • See Changes in Funding
Between and
Funding for Pension Reserves Investment Trust (PRIT) Statutory Transfer

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N/A

comparisons adjusted for inflation (cpi)

Notes

  • In FY20, the budget includes a transfer of $22.8 million from excess capital gains transferred into the Pension Reserves Trust and into the State Retiree Benefits Trust.
  • In FY19, the budget includes a transfer of $4.4 million from excess capital gains into the Pension Reserves Trust and into the State Retiree Benefits Trust.
  • Line items that start with 1595- are typically referred to as "operating transfers." Operating transfers provide funding to supplement other sources of revenue for off-budget trusts.

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Adjusted for inflation (cpi) NOT adjusted
FY20 GAA $0 $2,864,298,555
FY20 Leg $0 $2,864,298,555
FY20 Sen $0 $2,852,754,366
FY20 SWM $0 $2,852,754,366
FY20 Hou $0 $2,852,554,366
FY20 HWM $0 $2,852,554,366
FY20 Gov $0 $2,852,754,366
FY19 $0 $2,612,924,409

Notes

  • In FY20, the budget includes a transfer of $22.8 million from excess capital gains transferred into the Pension Reserves Trust and into the State Retiree Benefits Trust.
  • In FY19, the budget includes a transfer of $4.4 million from excess capital gains into the Pension Reserves Trust and into the State Retiree Benefits Trust.
  • Line items that start with 1595- are typically referred to as "operating transfers." Operating transfers provide funding to supplement other sources of revenue for off-budget trusts.