$87 million is in this trust fund, $24.5 million from the State, $62.5 million from employees.
State begins matching employee contributions in 2017.
Fund to help pay for health benefits for state employees retiring on or after 7/22/11.
Health benefits for state employees who retired before 7/22/11 will be paid from general fund revenues.
No money has been withdrawn from this fund.
Fund expected to grow to $2 billion in ten years assuming no assets are withdrawn.
Click here for the State Treasurer Press Release.