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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
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  • 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
Adjusted for inflation (CPI) NOT adjusted
FY19 $2,612,924,409 $2,612,924,409
FY18 $2,453,242,123 $2,394,497,926
FY17 $2,302,650,771 $2,198,092,616
FY16 $2,104,128,825 $1,972,000,000
FY15 $1,925,986,290 $1,793,000,000
FY14 $1,763,442,439 $1,630,000,000
FY13 $1,705,099,466 $1,552,000,000
FY12 $1,651,167,234 $1,478,000,000
FY11 $1,658,042,897 $1,441,811,000
FY10 $1,614,478,106 $1,376,619,000
FY09 $1,555,022,987 $1,313,000,000
FY08 $1,679,599,119 $1,398,600,000
FY07 $1,662,915,290 $1,335,176,000
FY06 $1,628,822,616 $1,274,675,000
FY05 $1,613,785,368 $1,216,936,000
FY04 $938,864,385 $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
55.6%

comparisons adjusted for inflation (CPI)

Notes

  • 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.
Adjusted for inflation (CPI) NOT adjusted
FY19 GAA $2,612,924,409 $2,612,924,409
FY19 Leg $2,612,924,409 $2,612,924,409
FY19 Sen $2,612,924,409 $2,612,924,409
FY19 SWM $2,612,924,409 $2,612,924,409
FY19 Hou $2,612,924,409 $2,612,924,409
FY19 HWM $2,612,924,409 $2,612,924,409
FY19 Gov $2,612,900,000 $2,612,900,000
FY18 $2,453,242,123 $2,394,497,926

Notes

  • 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.