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Page 1: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 2: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 3: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 4: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 5: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 6: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 7: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 8: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 9: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 10: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 11: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 12: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 13: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 14: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 15: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 16: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 17: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 18: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 19: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 20: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 21: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 22: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 23: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 24: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 25: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 26: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation
Page 27: The Retirement Systems of Alabama2009/09/30  · Retirement System of Alabama, prepared as of September 30, 2009 in accordance with Section 367(15) of the act governing the operation

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