Table 1.  Cash and Security Holdings of Major Public Employee - Retirement Systems:
          Quarter Ending June 30, 2000 and Prior Periods (Dollar amounts in millions.
          Because of rounding, detail may not add to totals.  r = revised from previously
          published amounts.)


                                                         Total      United    Federal              State/Local
                                 Corporate  Corporate   Federal     States    Agency                Government  Cash and    Other
Date                   Total      Stocks      Bonds    Securities  Treasury  Securities  Mortgages  Securities  Deposits  Securities

June 30, 2000         1,716,551    621,708    304,510    219,641    173,736     45,905     22,151      3,246     99,084    446,211
March 31, 2000        1,704,216    624,093    304,476    215,669    174,977     40,692     21,726      3,382     95,058    439,812

Dec 31, 1999          1,654,432    609,049    293,484    212,260    168,831     43,429     21,509      3,560     85,107    429,462
Sept 30, 1999         1,618,826    595,068    284,935    216,382    171,896     44,486     21,336      3,612     84,450    413,043
June 30, 1999         1,576,782    577,995    270,253    236,175    185,261     50,913     24,082      3,549     83,759    380,969
March 31, 1999        1,538,289    555,880    267,754    234,446    183,109     51,337     24,293      2,065     84,611    369,241

Dec 31, 1998          1,485,522    542,306    262,328    230,193    181,492     48,701     24,124      1,946     79,062    345,562
Sept 30, 1998         1,454,386    529,361    257,222    226,025    177,076     48,950     23,368      1,772     78,800    337,837
June 30, 1998         1,421,510    520,644    247,667    226,293    180,292     46,000     22,726      1,789     76,364    326,028
March 31, 1998        1,385,787    505,732    236,706    220,881    178,292     42,589     22,748      1,764     77,924    320,032

Dec 31, 1997          1,284,462    457,349    233,553    222,535    183,256     39,279     15,780      1,853     56,500    296,892
Sept 30, 1997         1,259,511    442,950    220,604    224,523    185,762     38,761     15,415      1,572     63,949    290,500
June 30, 1997         1,211,408    421,664    216,321    218,856    181,534     37,322     13,711      1,662     62,374    276,819
March 31, 1997        1,177,584    413,412    210,989    215,111    177,074     38,037     13,520      1,659     56,007    266,885

Dec 31, 1996          1,117,552    384,800    198,880    215,627    177,211     38,416     22,225        454     54,858    239,706
Sept 30, 1996         1,078,867    365,458    193,480    212,664    176,091     36,573     21,841        446     53,597    231,380
June 30, 1996         1,063,577    356,538    184,910    214,221    176,885     37,336     21,667        303     54,207    231,731
March 31, 1996        1,024,592    350,229    188,024    201,560    168,921     32,639     21,447        662     51,370    211,300

Dec 31, 1995            982,487    343,610    187,648    193,070    163,960     29,110     16,739        430     59,204    181,786
Sept 30, 1995           961,686    333,209    183,077    191,810    164,055     27,756     16,660        321     56,045    180,564
June 30, 1995           947,469    325,296    183,081    190,826    163,271     27,555     16,400        324     55,462    176,083
March 31, 1995          933,767    330,485    180,696    194,010    168,389     25,621     16,598        302     52,962    158,713