to Refer page 64 of the SURS Annual Financial Report for these assumptions. You could make a good arguement for mortality, interest or salary increases. As long as your explanation supports 1 your position, you would get credit for this answer. Refer to page 43 of the SURS Annual Financial Report for this information. In the most recent year the SURS portfolio returned (8.8)%, compared with a (9.2)% return on the policy portfolio. The primary reasons for this difference were the returns on U.S. stock, 2 private equity, bonds and the Opportunity Fund. Refer to page 69 of the SURS Annual Financial Report for this information. The funding ratio for 6/30/01 was 72.1% based on market value (the basis used for this analysis). This is much lower 3 than it was for the past few years. Refer to page 76 of the SURS Annual Financial Report for this information. The average monthly retirement benefit for individuals 4 who retired in the most recent year was $2,230. This individual would receive $9,000 per year (1/2 of current earnings) until he has received 1/2 of total career earnings. This 5 be would 44 months, or 3 2/3 years. This individual has 31 years of service. The average monthly earnings during the four highest years (including vacation pay) was $4,125 (45,000+47000+49000+51000+6000)/48). The retirement benefit is 31 x 2.2% or 68.2%, which is $2813.25 per month or 6 $33,759 annually. This individual has 29 years of service. The retirement benefit is 29 7 x 2.2%x(1-60*.005) or 44.66%, which is $38,407.60 annually. This individual has 30 years of service. The retirement benefit is 30 x 2.2% or 66%, which is $56,760 annually. There is no penalty for 8 retiring before age 60, since the employee has 30 years of service. (290,000 x (6....