Table 2.  Receipts, Benefits, and Withdrawal Payments of Major Public 
          Employee-Retirement Systems: Quarter Ending March 31,
          1998, and Prior Periods  (Dollar amounts in millions.  
          Because of rounding, detail may not add to totals.)
          
 
                       Total     Government      Earnings on   Employee
Date                   Receipts  Contributions   Investments   Contributions

March 31, 1998 . . . .  52,632       7,697         40,368        4,567

Dec 31, 1997 . . . . .  54,982       8,319         42,040        4,623
Sept 30, 1997 .  . . .  56,128       8,863         42,937        4,328
June 30, 1997. . . . .  49,846      10,863         34,156        4,827
March 31, 1997 . . . .  37,218       8,658         24,071        4,489

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

Dec 31, 1995 . . . . .  37,395       8,388         24,724        4,283
Sept 30, 1995  . . . .  32,532       7,676         20,967        3,889
June 30, 1995  . . . .  36,232       7,668         23,839        4,725
March 31, 1995 . . . .  29,640       7,581         17,928        4,131
                                            
Dec 31, 1994 . . . . .  32,294       9,906         18,116        4,272
Sept 30, 1994  . . . .  27,728       7,381         16,063        4,284
June 30, 1994  . . . .  29,268       7,022         17,747        4,499
March 31, 1994 . . . .  27,659       6,588         17,203        3,868
                                                
Dec 31, 1993 . . . . .  28,961       6,840         18,435        3,686
Sept 30, 1993  . . . .  28,528       6,544         18,765        3,219
June 30, 1993  . . . .  29,004       7,167         17,669        4,168
March 31, 1993 . . . .  24,782       6,844         14,331        3,607



                        Total           
Date                   Payments   Benefits   Withdrawals

March 31, 1998 . . . .  16,031     15,328        703

Dec 31, 1997 . . . . .  15,825     15,083        742
Sept 30, 1997 .  . . .  16,718     15,603      1,115 
June 30, 1997. . . . .  15,969     15,244      1,054
March 31, 1997 . . . .  14,245     13,610        635

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

Dec 31, 1995 . . . . .  14,017     12,876      1,141
Sept 30, 1995  . . . .  13,393     12,733        660
June 30, 1995  . . . .  13,819     13,251        568
March 31, 1995 . . . .  12,797     12,287        510
                                 
Dec 31, 1994 . . . . .  12,993     12,104        889
Sept 30, 1994  . . . .  12,901     12,206        695
June 30, 1994  . . . .  12,678     12,057        621
March 31, 1994 . . . .  11,669     11,009        660

Dec 31, 1993 . . . . .  11,794     10,720      1,074
Sept 30, 1993  . . . .  11,462     10,923        539
June 30, 1993  . . . .  11,570     11,028        542
March 31, 1993 . . . .  10,362      9,915        447