Table 4a(2) Cash and Investment Holdings of State and Local Government Employee-Retirement Systems by State and Level of Government: Fiscal Year 2004-2005 (Thousand dollars) Securities ----------------------------------------------------------------- Total Governmental ------------------------------------------------- State and level United States Federal State and local of government Treasury agency government United States 2,371,494,227 171,517,400 60,990,660 1,606,575 State 1,970,779,675 144,385,472 50,000,337 1,226,535 Local 400,714,552 27,131,928 10,990,323 380,040 Alabama 23,626,168 342,095 132,466 0 State 21,664,596 2,649 123,011 0 Local 1,961,572 339,446 9,455 0 Alaska 9,420,663 137,748 67,854 480 State 9,069,589 125,507 65,153 480 Local 351,074 12,241 2,701 0 Arizona 29,422,733 2,707,003 323,314 0 State 27,231,190 2,551,457 215,127 0 Local 2,191,543 155,546 108,187 0 Arkansas 14,449,417 146,987 170,102 326,163 State 14,166,874 106,692 157,326 326,097 Local 282,543 40,295 12,776 66 California 448,741,759 41,283,665 5,684,091 60,750 State 333,694,072 32,652,301 4,268,895 0 Local 115,047,687 8,631,364 1,415,196 60,750 Colorado 32,815,910 1,434,671 460,040 50,582 State 28,220,789 1,236,930 199,594 50,582 Local 4,595,121 197,741 260,446 0 Connecticut 22,892,855 412,788 174,239 4,913 State 18,214,801 0 0 0 Local 4,678,054 412,788 174,239 4,913 Delaware 5,538,194 37,082 0 13,526 State 5,077,072 0 0 0 Local 461,122 37,082 0 13,526 District of Columbia 5,761,074 902,941 380,563 0 State 0 0 0 0 Local 5,761,074 902,941 380,563 0 Florida 117,072,092 5,464,130 8,567,312 14,100 State 104,147,115 4,715,820 7,777,903 0 Local 12,924,977 748,310 789,409 14,100 Georgia 63,628,994 16,136,821 154,746 0 State 58,958,275 15,468,855 11,913 0 Local 4,670,719 667,966 142,833 0 Hawaii 7,725,718 0 518,382 0 State 7,725,718 0 518,382 0 Local 0 0 0 0 Idaho 7,760,370 1,084 408 0 State 7,744,442 0 0 0 Local 15,928 1,084 408 0 Illinois 109,482,449 7,030,632 1,832,216 78,822 State 71,441,793 2,740,943 337,444 7,511 Local 38,040,656 4,289,689 1,494,772 71,311 Indiana 22,089,834 2,232,386 1,253,127 109 State 21,782,304 2,196,707 1,229,810 109 Local 307,530 35,679 23,317 0 Iowa 18,442,319 1,404,670 844,957 0 State 18,402,839 1,404,670 844,957 0 Local 39,480 0 0 0 Kansas 10,307,591 1,608,500 186,555 0 State 9,519,325 1,608,500 158,165 0 Local 788,266 0 28,390 0 Kentucky 26,508,328 1,325,016 1,154,729 58,463 State 26,105,856 1,323,668 1,150,974 36,634 Local 402,472 1,348 3,755 21,829 Louisiana 28,236,768 1,106,445 101,135 3,053 State 26,292,046 936,173 43,680 1,315 Local 1,944,722 170,272 57,455 1,738 Maine 8,377,862 4,941 229,534 0 State 8,377,862 4,941 229,534 0 Local 0 0 0 0 Maryland 39,668,358 2,857,851 381,875 116,233 State 30,246,636 1,639,075 122,336 27,093 Local 9,421,722 1,218,776 259,539 89,140 Massachusetts 50,292,562 1,337,561 86,940 18,884 State 37,284,574 108,930 32,911 0 Local 13,007,988 1,228,631 54,029 18,884 Michigan 60,475,008 1,101,376 710,868 7,031 State 43,415,903 0 0 0 Local 17,059,105 1,101,376 710,868 7,031 Minnesota 34,870,608 119,265 50,090 7,950 State 31,161,553 0 0 0 Local 3,709,055 119,265 50,090 7,950 Mississippi 18,926,134 1,150,457 445,568 112,299 State 18,926,134 1,150,457 445,568 112,299 Local 0 0 0 0 Missouri 43,871,531 3,917,096 1,438,464 21,703 State 38,061,342 3,490,011 1,258,241 9,423 Local 5,810,189 427,085 180,223 12,280 Montana 4,479,408 0 0 0 State 4,479,408 0 0 0 Local 0 0 0 0 Nebraska 7,798,397 1,009,945 0 17,362 State 5,965,129 937,203 0 17,362 Local 1,833,268 72,742 0 0 Nevada 18,341,290 0 0 0 State 18,341,290 0 0 0 Local 0 0 0 0 New Hampshire 4,044,190 465,667 0 0 State 3,943,109 460,406 0 0 Local 101,081 5,261 0 0 New Jersey 57,757,042 14,944 167,128 0 State 57,659,728 0 166,665 0 Local 97,314 14,944 463 0 New Mexico 17,615,799 1,144,892 708,781 0 State 17,615,799 1,144,892 708,781 0 Local 0 0 0 0 New York 283,984,725 27,756,704 3,524,211 0 State 184,163,123 25,393,048 73,022 0 Local 99,821,602 2,363,656 3,451,189 0 North Carolina 62,240,695 19,015 9,401,755 0 State 61,901,707 0 9,400,681 0 Local 338,988 19,015 1,074 0 North Dakota 2,712,109 19,928 1,899 3,951 State 2,522,983 10,823 1,540 3,951 Local 189,126 9,105 359 0 Ohio 121,351,508 3,751,140 1,510,596 9,400 State 119,187,009 3,478,499 1,435,865 694 Local 2,164,499 272,641 74,731 8,706 Oklahoma 19,602,474 2,536,035 211,919 17,254 State 18,789,596 2,493,708 157,676 14,889 Local 812,878 42,327 54,243 2,365 Oregon 40,719,839 2,073,323 2,572,466 0 State 40,705,780 2,073,323 2,572,466 0 Local 14,059 0 0 0 Pennsylvania 74,846,008 5,786,995 1,167,620 17,309 State 61,798,152 4,705,975 624,989 0 Local 13,047,856 1,081,020 542,631 17,309 Rhode Island 7,981,094 0 648,756 0 State 7,246,023 0 631,050 0 Local 735,071 0 17,706 0 South Carolina 26,543,239 1,911,670 1,216,697 0 State 26,501,768 1,909,765 1,212,739 0 Local 41,471 1,905 3,958 0 South Dakota 5,682,270 548,461 7,856 5,931 State 5,417,952 516,775 7,856 0 Local 264,318 31,686 0 5,931 Tennessee 30,787,177 6,158,311 2,023,168 12,690 State 25,136,409 5,838,982 1,712,743 0 Local 5,650,768 319,329 310,425 12,690 Texas 139,308,517 12,483,593 10,528,340 619,083 State 124,109,679 11,393,166 10,371,493 618,096 Local 15,198,838 1,090,427 156,847 987 Utah 13,660,198 882,549 1,310,312 0 State 13,660,198 882,549 1,310,312 0 Local 0 0 0 0 Vermont 2,545,309 8,428 0 0 State 2,448,500 0 0 0 Local 96,809 8,428 0 0 Virginia 45,985,862 3,285,747 144,384 0 State 37,248,289 2,875,048 0 0 Local 8,737,573 410,699 144,384 0 Washington 40,138,933 3,102,562 72,662 171 State 37,828,043 2,788,643 2,395 0 Local 2,310,890 313,919 70,267 171 West Virginia 5,701,533 401,207 407 8,363 State 5,529,492 350,168 0 0 Local 172,041 51,039 407 8,363 Wisconsin 71,821,829 3,541,575 2,988 0 State 66,208,326 3,256,715 0 0 Local 5,613,503 284,860 2,988 0 Wyoming 5,439,483 411,498 419,140 0 State 5,439,483 411,498 419,140 0 Local 0 0 0 0 Note: The standard error is a measure of the variation among the estimates from all samples and thus is a measure of the precision with which an estimate from a particular sample approximates the average results of all possible samples. The coefficient of variation (CV) is the estimated standard error expressed as a percent of the estimated total or proportion. CV's for estimates in this table are displayed in table 4b(2). Source: U.S. Census Bureau, Governments Division Created: September 22, 2006 Last Revised: May 30, 2008