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Contributions by the employer for the calendar year 2005 were $8,467,000 (2004: $7,372,000).
University contributions were $37,400 in calendar year 2005 ($61,500 in 2004).
Revenue for the year was $479 million and expenses were $455 million leaving a net revenue of which $18 million represents the increase in investment capital assets.
Contributions by the University for the calendar year 2005 were $8,148,000 (2004: $7,478,000).
The latest actuarial valuation for this group as at December 31, 2003 shows an actuarial liability of $17,380,000 against the actuarial value of assets of $16,979,000 resulting in an unfunded liability of $401,000.
The accrued benefit liability for nonpension ...
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