Footnotes __________________________________________________________
26
NOTE 22. INTER-AGENCY ELIMINATIONS:
($ in Thousands)
DoD Military Retirement Trust Fund Column A Column B Column C
Accounts Unearned
Receivable With Revenue With Revenue From
Other Federal Other Federal Other Federal
Entities Entities Entities
Part A. DoD Eliminations of Seller Activity With Other
Federal Agencies Arrayed by DoD Entities N/A $12,234,182 N/A
Total N/A $12,234,182 N/A
Part B. DoD Eliminations of Seller Activity Arrayed By
Other Federal Agencies
Department of the Treasury (TI 20) N/A $12,234,182 N/A
Total N/A $12,234,182 N/A
Other Information: For securities purchased on October 1, 1986, and subsequent, discount and premium are amortized through
account 97X8097.2, Earnings on Investments. The amortization of discount and premium for securities purchased prior to October 1,
1986, is reported to Treasury by changing the Preclosing Unexpended Balance for account 97X8097.941 on report FMS 2108. Gains
and losses on securities sold are also reported through account 97X8097.2. A total of $12,357,964 was reported to account 97X8097.2
during fiscal year 1998. Amortization of ($123,782) was reported to Treasury via the FMS 2108. These two amounts equal
$12,234,182 as reported in Column B, above.
The Statement of Financing, Line 1.F., shows Exchange Revenue Not in the Entity’s Budget totaling $37,771,030. The Report on
Budget Execution, Line 1, shows $37,773,869. The difference of $2,839 is attributable to a decrease in Accrued Interest Receivable as
shown below:
Interest collected (cash) $13,593,437
Amortized Premium (1,427,882)
Amortized Discount 68,627
Subtotal $12,234,182
Decrease in Accrued Interest Receivable (2,839)
Total Interest $12,231,343
NOTE 23. OTHER DISCLOSURES:
($ in Thousands)
Net Pension Expense: The net pension expense for the actuarial accrued liability is developed in the table below.
A. Beginning of Year Accrued Liability $641,715,072
B. Normal Cost Liability 10,420,687
C. Plan Amendment Liability 0
D. Benefit Outlays (31,233,467)
E. Interest on Pension Liability 41,045,712
F. Actuarial Loss (Gain) (17,624,300)
G. End-of-Year Accrued Liability (A+B+C+D+E+F) $644,323,704
H. Net Change in Actuarial Liabilities (B+C+D+E+F) $ 2,608,632
Other Information: The interest on the pension liability (Line E) is calculated as a full year of interest on the beginning-of-
year accrued liability (Line A) and one-half year of interest on the normal cost liability and the benefit outlays (Lines B and D). A bill