Table 2.  Receipts, Benefits, and Withdrawal Payments of Major Public 
          Employee-Retirement Systems: Quarter Ending December 31, 1998,
          and Prior Periods  
          (Dollar amounts in millions. 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

Dec 31, 1998 . . . . .  42,670       8,815         29,060        4,795
Sept 30, 1998r . . . .  35,186       9,046         21,861        4,279  
June 30, 1998r . . . .  49,286       7,891         36,266        5,129  
March 31, 1998r. . . .  54,962       7,779         42,450        4,733

Dec 31, 1997r. . . . .  49,495       8,619         35,928        4,948
Sept 30, 1997r.  . . .  61,153      11,005         45,453        4,695
June 30, 1997r . . . .  50,114      11,000         34,213        4,901
March 31, 1997r. . . .  38,807       8,914         25,461        4,432

Dec 31, 1996r. . . . .  46,394       9,524         31,937        4,933
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

Dec 31, 1998 . . . . .  16,853     16,131        722
Sept 30, 1998r. . . . . 16,878     16,159        719
June 30, 1998r . . . .  18,175     17,363        812
March 31, 1998r. . . .  16,258     15,577        681

Dec 31, 1997r. . . . .  15,600     14,869        731
Sept 30, 1997r.  . . .  17,412     16,688        724 
June 30, 1997r . . . .  16,487     15,748        739
March 31, 1997 . . . .  14,742     14,103        639

Dec 31, 1996r. . . . .  14,606     13,949        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