Table 4a(2) Cash and Investment Holdings of State and Local Government Employee-Retirement Systems by State and Level of Government: Fiscal Year 2005-2006 (Thousand dollars) Securities ----------------------------------------------------------------- Total Governmental ------------------------------------------------- State and level United States Federal State and local of government Treasury agency government United States 2,564,247,428 148,981,749 94,014,632 1,885,196 State 2,133,054,688 125,537,083 81,058,032 1,416,559 Local 431,192,740 23,444,666 12,956,600 468,637 Alabama 27,451,562 349,136 104,833 0 State 25,323,005 3,090 82,355 0 Local 2,128,557 346,046 22,478 0 Alaska 11,630,067 394,204 1,332,449 528 State 11,276,461 379,051 1,331,667 528 Local 353,606 15,153 782 0 Arizona 31,451,847 342,249 535,952 349,439 State 29,219,381 157,594 204,075 349,439 Local 2,232,466 184,655 331,877 0 Arkansas 15,467,571 451,960 341,839 14,567 State 15,188,348 389,822 341,839 14,550 Local 279,223 62,138 0 17 California 482,738,968 32,852,735 8,131,861 40,324 State 359,576,278 26,258,590 5,299,051 0 Local 123,162,690 6,594,145 2,832,810 40,324 Colorado 36,400,072 1,846,775 456,066 46,379 State 31,583,396 1,634,719 208,436 46,379 Local 4,816,676 212,056 247,630 0 Connecticut 25,390,988 454,493 265,490 11,358 State 20,079,308 0 0 0 Local 5,311,680 454,493 265,490 11,358 Delaware 5,242,462 27,526 16,787 14,884 State 4,746,273 0 0 0 Local 496,189 27,526 16,787 14,884 District of Columbia 5,771,356 707,859 194,611 0 State 0 0 0 0 Local 5,771,356 707,859 194,611 0 Florida 120,162,934 1,035,115 9,763,530 19,467 State 105,646,012 198 8,964,759 1,635 Local 14,516,922 1,034,917 798,771 17,832 Georgia 65,734,063 16,395,744 4,072,387 0 State 60,631,683 15,658,317 3,574,164 0 Local 5,102,380 737,427 498,223 0 Hawaii 10,773,953 0 4,005 0 State 10,773,953 0 4,005 0 Local 0 0 0 0 Idaho 8,610,118 1,287 439 378 State 8,593,544 0 0 0 Local 16,574 1,287 439 378 Illinois 113,044,647 5,952,223 1,158,713 111,891 State 74,588,330 2,604,957 417,465 11,619 Local 38,456,317 3,347,266 741,248 100,272 Indiana 26,592,387 3,607,495 14,534 0 State 26,400,450 3,593,779 10,974 0 Local 191,937 13,716 3,560 0 Iowa 18,448,339 915,889 157,159 0 State 18,402,001 915,889 157,159 0 Local 46,338 0 0 0 Kansas 11,319,024 1,467,230 116,878 0 State 10,500,965 1,467,230 110,794 0 Local 818,059 0 6,084 0 Kentucky 26,756,123 1,067,067 1,198,309 199,624 State 26,345,572 1,065,909 1,192,758 180,776 Local 410,551 1,158 5,551 18,848 Louisiana 28,450,332 603,920 731,967 927 State 26,416,438 430,783 665,117 927 Local 2,033,894 173,137 66,850 0 Maine 9,348,532 62,376 237,290 0 State 9,348,532 62,376 237,290 0 Local 0 0 0 0 Maryland 41,998,485 2,180,385 821,837 96,012 State 31,791,461 1,420,889 245,724 14,989 Local 10,207,024 759,496 576,113 81,023 Massachusetts 54,479,566 872,126 110,344 44,652 State 40,970,616 109,350 44,111 0 Local 13,508,950 762,776 66,233 44,652 Michigan 79,270,894 1,004,659 1,249,568 63,559 State 61,144,876 0 0 0 Local 18,126,018 1,004,659 1,249,568 63,559 Minnesota 37,445,077 169,218 81,023 8,068 State 33,418,088 0 0 0 Local 4,026,989 169,218 81,023 8,068 Mississippi 22,322,680 1,175,907 436,944 60,823 State 22,322,680 1,175,907 436,944 60,823 Local 0 0 0 0 Missouri 50,324,623 3,947,613 3,014,494 20,763 State 43,953,933 3,505,932 2,780,479 0 Local 6,370,690 441,681 234,015 20,763 Montana 4,618,887 0 0 0 State 4,618,887 0 0 0 Local 0 0 0 0 Nebraska 9,029,532 298,934 11,691 18,503 State 6,739,520 81,357 0 18,503 Local 2,290,012 217,577 11,691 0 Nevada 20,027,430 0 0 0 State 20,027,430 0 0 0 Local 0 0 0 0 New Hampshire 3,892,724 5,296 0 0 State 3,799,070 0 0 0 Local 93,654 5,296 0 0 New Jersey 55,317,820 58,336 67,664 0 State 55,218,711 49,408 66,700 0 Local 99,109 8,928 964 0 New Mexico 18,871,345 1,330,670 703,449 0 State 18,871,345 1,330,670 703,449 0 Local 0 0 0 0 New York 307,218,401 26,425,112 3,501,903 0 State 196,535,267 24,320,932 72,175 0 Local 110,683,134 2,104,180 3,429,728 0 North Carolina 64,886,152 32,367 9,798,051 0 State 64,523,637 0 9,798,051 0 Local 362,515 32,367 0 0 North Dakota 3,001,128 42,042 2,894 529 State 2,800,748 36,294 2,298 529 Local 200,380 5,748 596 0 Ohio 130,849,264 3,354,596 1,874,475 7,313 State 128,520,065 3,351,912 1,802,507 3,822 Local 2,329,199 2,684 71,968 3,491 Oklahoma 19,113,912 2,666,130 79,806 11,823 State 18,215,130 2,582,491 79,784 11,823 Local 898,782 83,639 22 0 Oregon 44,726,403 996,852 3,832,414 0 State 44,710,643 996,852 3,832,414 0 Local 15,760 0 0 0 Pennsylvania 83,416,007 6,479,472 6,187,027 11,355 State 69,880,907 5,388,180 5,705,586 0 Local 13,535,100 1,091,292 481,441 11,355 Rhode Island 8,753,692 593,531 523,159 0 State 7,961,507 582,488 513,009 0 Local 792,185 11,043 10,150 0 South Carolina 28,469,126 110,957 607,590 0 State 28,424,859 109,790 603,735 0 Local 44,267 1,167 3,855 0 South Dakota 5,709,486 590,303 8,186 7,375 State 5,423,242 557,566 8,186 0 Local 286,244 32,737 0 7,375 Tennessee 32,604,803 158,933 10,416,817 7,478 State 26,318,925 0 9,885,395 0 Local 6,285,878 158,933 531,422 7,478 Texas 158,443,632 16,463,561 18,775,183 702,724 State 140,716,132 14,813,044 18,704,436 700,217 Local 17,727,500 1,650,517 70,747 2,507 Utah 14,368,204 613,924 2,110,754 0 State 14,368,204 613,924 2,110,754 0 Local 0 0 0 0 Vermont 2,406,028 9,125 0 0 State 2,301,217 0 0 0 Local 104,811 9,125 0 0 Virginia 51,259,679 3,325,208 101,396 2,838 State 42,471,632 2,870,289 0 0 Local 8,788,047 454,919 101,396 2,838 Washington 45,889,796 3,465,329 9,726 3,383 State 43,539,749 3,209,379 9,342 0 Local 2,350,047 255,950 384 3,383 West Virginia 3,879,056 60,921 338 8,232 State 3,696,027 0 0 0 Local 183,029 60,921 338 8,232 Wisconsin 75,348,894 3,714,221 1,755 0 State 69,610,893 3,507,387 0 0 Local 5,738,001 206,834 1,755 0 Wyoming 5,519,357 300,738 851,045 0 State 5,519,357 300,738 851,045 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 26, 2007 Last Revised: June 25, 2008