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MICHIGAN STATE UNIVERSITY FUND AND SUB‐FUND DESCRIPTIONS Fund Retirement and Insurance Fund (Txxxxxx) Sub‐
Restricted or Description of Cash Description of Cash Sub‐Fund Name Fund/Sub‐Fund Description Fund Unrestricted Funds Inflows Outflows Retirement and Insurance Fund is used to account for various self‐insured/self‐funded retirement and insurance programs administered through the University. All accounts are administered by Central Offices. TN RAI‐Insurance For Central Use Only – used to account for self‐insured/self‐funded insurance programs. Unrestricted TR RAI‐Retirement For Central Use Only – used to account for self‐insured/self‐funded retirement programs. Unrestricted TT RAI‐Other Unrestricted TZ RAI‐Administration For Central Use Only – used to account for other miscellaneous self‐
insured/self‐funded deferred compensation programs. For Central Use Only ‐ used to facilitate year‐end adjustments and transactions for financial reporting purposes. Unrestricted Funding comes from investment income and other unrestricted accounts. Funding comes from investment income and other unrestricted accounts. Funding comes from investment income and other unrestricted accounts. Expenses related to administering any self‐
insured insurance programs. Expenses related to administering any self‐
insured retirement programs. Expenses related to administering any deferred compensation programs. N/A N/A Manual of Business Procedures ‐ Section 5: Accounts, Account Requests, and Sub‐Funds