Table 2.  Receipts, Benefits, and Withdrawals of Major Public Employee - Retirement Systems:
          Quarter Ending March 31, 2003 and Prior Periods 

          Dollar amounts in millions.
          Because of rounding, detail may not add to totals.
          r = revised from previously published amounts.
          * = earnings on investments adjusted to exclude imputed data, effective 2002 quarter 2.
              (See Technical Documentation)

                        Total     Government    Earnings on    Employee      Total
Date                   Receipts  Contributions  Investments  Contributions  Payments   Benefits  Withdrawals

March 31, 2003*         11,119       7,867         -2,543        5,794       24,827      23,998        829

Dec 31, 2002r*          27,331       8,556         12,654        6,121       24,726      23,886        840
Sept 30, 2002r*        -10,343       7,025        -22,928        5,560       24,866      24,009        857
June 30, 2002*          20,374       7,927          5,518        6,930       23,999      23,136        862
March 31, 2002*         30,831       7,632         17,128        6,070       23,425      22,547        878

Dec 31, 2001*           38,854       7,398         25,457        6,000       22,946      21,929      1,016
Sept 30, 2001*           5,691       7,413         -6,714        4,993       24,150      23,184        966
June 30, 2001           43,419       7,569         29,838        6,012       22,181      21,251        930
March 31, 2001          32,662       7,547         19,587        5,528       21,451      20,493        958

Dec 31, 2000            41,537       8,034         27,739        5,764       21,113      20,163        950
Sept 30, 2000           62,871       8,052         49,621        5,198       21,117      20,061      1,056
June 30, 2000           53,866       9,876         38,671        5,318       19,346      18,481        864
March 31, 2000          58,730       7,787         45,706        5,237       19,330      18,441        890

Dec 31, 1999            61,852       8,782         47,922        5,148       18,736      17,950        786
Sept 30, 1999           58,081       8,360         45,131        4,590       18,246      17,461        786
June 30, 1999           61,615       8,517         47,968        5,130       17,389      16,620        769
March 31, 1999          60,613       9,638         46,069        4,906       18,227      17,480        747

Dec 31, 1998            46,500       8,882         32,978        4,640       17,119      16,349        770
Sept 30, 1998           45,932       9,148         32,690        4,094       17,156      16,387        769
June 30, 1998           53,393       8,256         40,215        4,922       18,374      17,520        854
March 31, 1998          58,850       7,893         46,339        4,619       16,481      15,751        731