The PERS Board adopted the following earnings factors and reserve amounts for calendar year 2010 at its March 28, 2011 meeting:
Accounts
| Account type | Earnings factors |
|---|
| Tier One Member Regular | 8.00% |
|---|
|
Tier Two Member Regular | 12.44% |
| Individual Account Program | 12.13% |
| Variable | 15.17% |
2010 reserving/crediting
| Reserve/Account | Balance Before 2010 Crediting ($ millions) | Final 2010 Crediting Amount
($ millions) | Final Ending Reserve Balance ($ millions) |
|---|
| Contingency | $653.2 | $81.3 | $734.4 |
|---|
| Tier One Member Regular Accounts | 6,453.6 | 505.9 | 6,959.5 |
|---|
| Tier One Rate Guarantee | -441.8 | 246.6 | -199.2 |
|---|
| Benefits in Force (BIF) | 18,308.7 | 2,279.4 | 20,588.1 |
|---|
| Tier Two Member Regular Accounts | 624.0 | 77.6 | 701.6 |
|---|
| Employer | 15,068.6 | 1,876.0 | 16,944.6 |
|---|
| OPSRP Pension | 587.3 | 67.3 | 654.6 |
|---|
| UAL Lump-Sum Payment Side Accounts | 4,931.5 | 647.7 | 5,579.2 |
|---|
| IAP Accounts | 3,154.3 | 382.7 | 3,537.0 |
|---|
|
TOTAL |
$49,339.2 |
$6,160.6 |
$55,499.8 |
|---|