Medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shield and 4 million general transfers to general fund. We started out with having a 77 Million Fund Balance and together well end up, we think well end up around 100 million balance in the trust fund. We are looking at, if you look at, we have to reevaluate, but based on what weve been carrying in terms of obligation and reserves it was 28. 6 million. It was 131 million. I need to update my numbers to make sure there are no other things hanging there like in june. I dont think we are over funded. After funding everything that was talked about, you will have opportunities in terms
Of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shield and 4 million general transfers to general fund. We started out with having a 77 Million Fund Balance and together well end up, we think well end up around 100 million balance in the trust fund. We are looking at, if you look at, we have to reevaluate, but based on what weve been carrying in terms of obligation and reserves it was 28. 6 million. It was 131 million. I need to update my numbers to make sure there are no other things hanging there like in june. I dont think we are over funded. After funding everything that was talked about, you will have
5. 3 increase in estimated favorable claims experiences in the dental plan. Reduction of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shield and 4 million general transfers to general fund. We started out with having a 77 Million Fund Balance and together well end up, we think well end up around 100 million balance in the trust fund. We are looking at, if you look at, we have to reevaluate, but based on what weve been carrying in terms of obligation and reserves it was 28. 6 million. It was 131 million. I need to update my numbers to make sure there are no other things hanging there like in june. I dont t
Favorable claims experiences in the dental plan. Reduction of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shield and 4 million general transfers to general fund. We started out with having a 77 Million Fund Balance and together well end up, we think well end up around 100 million balance in the trust fund. We are looking at, if you look at, we have to reevaluate, but based on what weve been carrying in terms of obligation and reserves it was 28. 6 million. It was 131 million. I need to update my numbers to make sure there are no other things hanging there like in june. I dont think we are over funded. Af
Public comment . Seeing none. Item no. 11. Discussion item. Update on Financial Reporting as of december 31, 2013. Pamela levine. Deputy director chief Financial Officer of service system. I too will make this very quick. Weve gone through six 6 months of the year and we are projecting for the trust to have a 23 to increase our fund balance by 23. 1 million. This is 4. 5 million greater than what we reported in our last meeting. We have tied up all of our money and we are in a really good financial position based on the policies that you have approved today. Right now the 23. 1 million is comprised of 11. 3 million in state plan net assets. 5. 9 million in favorable claim experience in the blue shield flex plan. 5. 3 increase in estimated favorable claims experiences in the dental plan. Reduction of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out peri