Long-Term Growth Pool Asset Allocation & Expenses As of July 2013

45% Equity Target Allocation Fee (%) 100% 17% US. Large Capitalization Vanguard 500 5.1% 0.05 Adage Capital 3.4% 0.50 Dodge & Cox 4.3% 0.52 U.S. Large Cap Touchstone Sands Instl Growth 2.1% 0.75 90% Capital Counsel 2.1% 0.80 4% U.S. Mid Capitalization Times Square 2.0% 0.80 U.S. Mid Cap Cooke & Bieler 2.0% 0.79 80% 4% U.S. Small Capitalization U.S. Small Cap Advisory Research 2.0% 1.00 Artisan Partners 2.0% 1.00 10% International Developed Markets International 70% Artisan Partners 3.0% 1.00 Equity Silchester 3.0% 0.98 Gryphon International 3.0% 0.90 Vanguard 1.0% 0.07 Emerging 5% Emerging Markets Markets Westwood Global 3.0% 1.25 60% Opportunistic/ Dimensional Fund Advisors 2.0% 0.62 Special Situation 5% Opportunistic/Special Situation Various managers and strategies 5.0% 1.50 U.S. Aggregate 50% 25% Fixed Income Bonds 10% U.S. Aggregate Bonds PIMCO Total Return 5.0% 0.46 Income Research & Management 5.0% 0.35 TIPS 4% Treasury Inflation Protected Securities 40% Vanguard 4.0% 0.09 U.S. High Yield 4% US High Yield Bonds Post Advisory 4.0% 0.75 Global Bonds 7% Global Bonds Colchester Global 3.5% 0.55 30% GMO 3.5% 0.43 Direct 30% Alternatives1 Funds 9% Direct Hedge Funds Various managers and strategies 9.0% 1.50 20% Fund of Hedge 6% Fund of Hedge Funds Funds Various managers and strategies 6.0% 1.00 2 5% Private Equity Various managers and strategies 5.0% 1.75 10% 5% Private Real Assets/Real Estate Real Assets Various managers and strategies 5.0% 2.00 Real Estate 5% Commodities Wellington 5.0% 0.90 Commodities 0% Asset Weighted Total 100% 0.89 Custodian Bank 0.03 Investment Consulting and Administration 0.07 Total Investment Expenses* 0.99

1 Expenses shown do not include or the expense of individual managers within . 2 Private equity includes , and special situation funds and fund of funds. * Estimated expenses of 0.95% to 1.10% are subject to change from changes in policy, managers or service providers. Source: Colonial Consulting, LLC 8/23/2013 Long-Term Growth Pool Private Equity & Private Real Assets Detail As of July 2013

Vintage % Strategy Year Commitment Called VENTURE CAPITAL FUNDS Mayfield X Early-stage information technology companies in the U.S. 1999 $1,000,000 100%

Accel Internet Fund IV Early-stage information technology companies in the U.S. 2000 $2,400,000 81%

Charles River Partnership XI Early-stage information technology companies in the U.S. 2000 $1,100,000 100%

Mayfield XI Early-stage information technology companies in the U.S. 2000 $3,000,000 86%

Institutional Venture Partners X Later-stage information technology companies primarily in 2000 $5,000,000 100% Silicon Valley New Enterprise Associates X Early-stage information technology companies in the U.S. 2000 $5,000,000 99%

Trinity Ventures VIII Early-stage information technology, digital media and energy 2000 $1,800,000 85% efficiency companies primarily in the U.S. Walden II Early to late-stage digital media and information technology 2000 $3,000,000 95% companies in the U.S. Mayfield X Annex Early-stage information technology companies in the U.S. 2002 $100,000 65%

Legacy Venture II* Legacy Venture II through VI are fund of funds with access to 2002 $3,000,000 97% Legacy Venture III* premier venture capital funds investing in early and late stage 2005 $5,000,000 88% companies worldwide across information technology, life Legacy Venture IV* 2006 $5,000,000 92% sciences and clean technologies. Legacy Venture V* 2008 $4,000,000 70% Legacy Venture VI* 2011 $3,000,000 19% BUYOUT & SPECIAL SITUATION FUNDS Portfolio Advisors Fund III* Diversified portfolio of premier buy-out and special situation 2005 $5,000,000 91% funds and secondary purchases Portfolio Advisors Fund IV* Diversified portfolio of premier buy-out and special situation 2006 $5,000,000 83% funds and secondary purchases HRJ II* Diversified portfolio of premier buy-out and special situation 2006 $5,000,000 88% funds across a wide variety of industries worldwide Värde Fund X Distressed assets in nonperforming and underperforming loans 2010 $3,500,000 100% and high-yield debt primarily in the U.S. and Europe Regiment Capital Special Situaction Direct investments and financing in middle market companies 2011 $3,000,000 49% Fund V primarily in North America Centerbridge Capital Partners II Private equity and distressed assets largely in the North 2011 $3,000,000 66% America and Europe REAL ESTATE & REAL ASSETS FUNDS Various managers and strategies 2001 $4,800,000 100%

Lowe Real Estate Value-added, income-producing commercial properties in the 2005 $5,000,000 79% United States, diversified geographically and by product type Denham Commodities Partners Global energy and commodities sectors including power and 2008 $7,500,000 77% Fund V carbon, natural resources and energy infrastructure Alcion Ventures - Real Estate High-yield investment properties uniquely positioned in select 2010 $2,500,000 62% Partners Fund II North American markets Lyme Timber - Forest Fund III Timberland and rural real estate with conservation-related 2010 $2,500,000 19% investment strategies to enhance risk-adjusted returns Merit Energy Fund H Acquires, operates and develops a diverse portfolio of quality, 2011 $2,500,000 33% mature producing oil and gas properties in the U.S. Denham Commodities Partners Global energy and commodities sectors including power and Vanguard $6,000,000 19% Fund VI carbon, natural resources and energy infrastructure

* Fund of funds: a multi-manager investment strategy that invests in other funds rather than investing directly in companies.