Membership
Membership
The most recent update on Membership numbers is as of March 31, 2010. The ratio of Members per Pensioner does not have an impact on the delivery of pensions. Plan officials will ensure that the Plan remains adequately funded.
Membership Summary
| Mar 31 2010 |
Dec 31 2009
|
Dec 31 2008
|
|
|---|---|---|---|
| Members |
19,333
|
19,189
|
18,766
|
| Pensioners |
11,323
|
11,244
|
10,831
|
| Deferred Pensioners |
1,136
|
1,099
|
1,098
|
| Total Pensioners |
12,459
|
12,343
|
11,929
|
| Total |
31,792
|
31,532
|
30,695
|
| Members per Pensioner |
1.55
|
1.55
|
1.57
|
Membership Characteristics
The following chart shows some characteristics of our active and retired member groups based on data in the interim actuarial valuation as of January 1, 2010. Final numbers for a given year are not available until all colleges report their data and the actuary completes an actuarial valuation for the following year.
Membership December 31
|
2008
|
2007
|
2006
|
2005
|
2004
|
|
|---|---|---|---|---|---|
| Active Members | |||||
| Average Age |
48.3
|
48.2
|
48.0
|
47.8
|
47.8
|
| Average Service |
11.3
|
11.4
|
11.7
|
11.7
|
12.1
|
| Average Earnings $ |
68,300
|
65,640
|
62,140
|
60,320
|
59,300
|
| Pensioners | |||||
| Average Age |
71.2
|
70.9
|
70.6
|
70.2
|
70.1
|
| Average Lifetime Pension $ |
20,360
|
19,520
|
18,760
|
18,400
|
17,400
|
| # with Bridge Benefit |
2,842
|
2,879
|
2,806
|
2,501
|
2,410
|
| Average Bridge Pension $ |
6,700
|
6,600
|
6,400
|
6,400
|
6,200
|
| Total Pensions Paid (millions $) |
238.5
|
222.0
|
205.1
|
193.0
|
172.9
|
