Pension Plans Lost $506,768 in 3rd. Quarter, 2011

The Borough Employees and Police Pension Plans had $4,671,547 on June 30, 2011 and we had $4,164,779 on Sep 30, 2011, a loss of $506,768 in that 3 month period.
We have now added $287,537 to the Pension Plans in October as our (taxpayers) contribution for 2011.
The next Quarterly Report should be available in early Feb, 2012.