Table 2.  Receipts, Benefits, and Withdrawal Payments of Major Public 
          Employee-Retirement Systems: Quarter Ending March 31, 1997, 
          and Prior Periods 
(In million dollars.  Because of rounding, detail may not add to totals.
 /r = revised from previously published amounts)

                       Total     Government      Earnings on   Employee
Date                   Receipts  Contributions   Investments   Contributions

March 31, 1997 . . .    37,218       8,658         24,071        4,489

Dec 31, 1996 /r. . . .  46,238       9,378         31,932        4,928
Sept 30, 1996  /r. . .  37,142       7,906         25,279        3,957
June 30, 1996 /r. . . . 40,527       8,859         26,995        4,673
March 31, 1996 /r. . .  37,745       7,223         26,289        4,233

Dec 31,  1995 /r. . . . 37,395       8,388         24,724        4,283
Sept 30, 1995 /r. . . . 32,532       7,676         20,967        3,889
June 30, 1995 /r. . . . 36,232       7,668         23,839        4,725
March 31, 1995 /r. . .  29,640       7,581         17,928        4,131
                                            
Dec 31,  1994 /r. . . . 32,294       9,906         18,116        4,272
Sept 30, 1994 /r. . . . 27,728       7,381         16,063        4,284
June 30, 1994 /r. . . . 29,268       7,022         17,747        4,499
March 31, 1994 /r. . .  27,658       6,588         17,202        3,868
                                                
Dec 31,  1993 /r. . .   28,961       6,840         18,435        3,686
Sept 30, 1993 /r. . . . 28,528       6,544         18,765        3,219
June 30, 1993 /r. . .   29,004       7,167         17,669        4,168
March 31, 1993 /r. . .  24,782       6,844         14,331        3,607

Dec 31,  1992 /r. . .   28,093       6,565         17,913        3,615
Sept 30, 1992 /r. . . . 23,318       5,721         14,787        2,810
June 30, 1992 /r. . .   26,928       6,866         15,831        4,231
March 31, 1992 /r. . .  26,686       5,937         16,464        4,285


                        Total           
Date                   Payments   Benefits   Withdrawals

March 31, 1997 . . .    14,245     13,610        635

Dec 31, 1996 /r. . . .  14,604     13,947        657
Sept 30, 1996 /r. . . . 14,468     13,826        642
June 30, 1996 /r. . .   15,592     14,972        620
March 31, 1996 /r. . .  13,370     12,770        600

Dec 31,  1995 /r. . .   14,017     12,876      1,141
Sept 30, 1995 /r. .     13,393     12,733        660
June 30, 1995 /r. . .   13,819     13,251        568
March 31, 1995 /r . .   12,797     12,287        510
                                 
Dec 31,  1994 /r. .     12,993     12,104        889
Sept 30, 1994 /r. . . . 12,901     12,206        695
June 30, 1994 /r. . .   12,677     12,056        621
March 31, 1994 /r. . .  11,668     11,008        660

Dec 31,  1993 /r. . .   11,794     10,720      1,074
Sept 30, 1993 /r. . . . 11,462     10,923        539
June 30, 1993 /r. . .   11,570     11,028        542
March 31, 1993 /r. . .  10,362      9,915        447
                                
Dec 31,  1992 /r. . .   10,538      9,906        632
Sept 30, 1992 /r. . . . 10,473      9,728        745
June 30, 1992 /r. . .   10,666     10,166        500
March 31, 1992 /r. . .   9,838      9,334        504