Table 4a(4) Cash and Investment Holdings of State and Local Government Employee-Retirement Systems by State and Level of Government: Fiscal Year 2005-2006 (Thousand dollars) State and level Total other Real Miscellaneous of government investments property investments United States 255,166,561 67,735,125 187,431,436 State 220,987,543 55,723,272 165,264,271 Local 34,179,018 12,011,853 22,167,165 Alabama 1,747,368 1,703,526 43,842 State 1,703,570 1,703,526 44 Local 43,798 0 43,798 Alaska 2,689,872 1,380,639 1,309,233 State 2,654,685 1,360,105 1,294,580 Local 35,187 20,534 14,653 Arizona 538,254 87,545 450,709 State 490,652 39,957 450,695 Local 47,602 47,588 14 Arkansas 1,618,811 505,756 1,113,055 State 1,618,653 505,756 1,112,897 Local 158 0 158 California 66,512,559 29,238,808 37,273,751 State 46,342,153 20,803,490 25,538,663 Local 20,170,406 8,435,318 11,735,088 Colorado 6,143,922 433,276 5,710,646 State 5,461,061 404,285 5,056,776 Local 682,861 28,991 653,870 Connecticut 2,516,749 7,199 2,509,550 State 2,222,317 0 2,222,317 Local 294,432 7,199 287,233 Delaware 775,215 0 775,215 State 775,215 0 775,215 Local 0 0 0 District of Columbia 320,880 2,076 318,804 State 0 0 0 Local 320,880 2,076 318,804 Florida 8,881,122 5,281,421 3,599,701 State 8,562,141 5,205,999 3,356,142 Local 318,981 75,422 243,559 Georgia 52,541 27,496 25,045 State 24,813 24,813 0 Local 27,728 2,683 25,045 Hawaii 1,327,151 0 1,327,151 State 1,327,151 0 1,327,151 Local 0 0 0 Idaho 467,181 0 467,181 State 467,181 0 467,181 Local 0 0 0 Illinois 9,131,547 1,056,023 8,075,524 State 6,924,487 349,025 6,575,462 Local 2,207,060 706,998 1,500,062 Indiana 545,275 152,536 392,739 State 545,275 152,536 392,739 Local 0 0 0 Iowa 4,308,537 1,058 4,307,479 State 4,308,009 1,058 4,306,951 Local 528 0 528 Kansas 1,523,828 490,560 1,033,268 State 1,480,105 490,560 989,545 Local 43,723 0 43,723 Kentucky 1,916,443 1,906,380 10,063 State 1,916,443 1,906,380 10,063 Local 0 0 0 Louisiana 3,504,078 113,292 3,390,786 State 3,429,280 86,838 3,342,442 Local 74,798 26,454 48,344 Maine 9,557 3,529 6,028 State 9,557 3,529 6,028 Local 0 0 0 Maryland 2,976,077 603,700 2,372,377 State 2,090,677 504,036 1,586,641 Local 885,400 99,664 785,736 Massachusetts 2,093,425 456,555 1,636,870 State 326,209 23,885 302,324 Local 1,767,216 432,670 1,334,546 Michigan 5,804,752 618,712 5,186,040 State 4,256,855 3,879 4,252,976 Local 1,547,897 614,833 933,064 Minnesota 14,193,414 90,094 14,103,320 State 13,982,269 0 13,982,269 Local 211,145 90,094 121,051 Mississippi 740,307 17,180 723,127 State 740,307 17,180 723,127 Local 0 0 0 Missouri 4,800,590 97,892 4,702,698 State 4,647,173 20,664 4,626,509 Local 153,417 77,228 76,189 Montana 2,154,845 16,694 2,138,151 State 2,154,845 16,694 2,138,151 Local 0 0 0 Nebraska 242,355 135,976 106,379 State 53,312 5,713 47,599 Local 189,043 130,263 58,780 Nevada 1,301,670 3,861 1,297,809 State 1,301,670 3,861 1,297,809 Local 0 0 0 New Hampshire 386,650 3,135 383,515 State 343,883 0 343,883 Local 42,767 3,135 39,632 New Jersey 2,091,521 0 2,091,521 State 2,088,517 0 2,088,517 Local 3,004 0 3,004 New Mexico 474,599 30,143 444,456 State 474,599 30,143 444,456 Local 0 0 0 New York 25,256,120 7,506,342 17,749,778 State 25,238,854 7,506,342 17,732,512 Local 17,266 0 17,266 North Carolina 2,820,605 884 2,819,721 State 2,818,599 884 2,817,715 Local 2,006 0 2,006 North Dakota 556,751 18,336 538,415 State 556,751 18,336 538,415 Local 0 0 0 Ohio 16,221,185 6,600,618 9,620,567 State 16,201,150 6,600,618 9,600,532 Local 20,035 0 20,035 Oklahoma 463,695 78,189 385,506 State 410,296 24,790 385,506 Local 53,399 53,399 0 Oregon 8,776,457 2,587,967 6,188,490 State 8,776,457 2,587,967 6,188,490 Local 0 0 0 Pennsylvania 13,743,710 1,218,270 12,525,440 State 13,388,137 1,163,091 12,225,046 Local 355,573 55,179 300,394 Rhode Island 813,952 11,703 802,249 State 742,599 11,378 731,221 Local 71,353 325 71,028 South Carolina 3,696 3,696 0 State 3,696 3,696 0 Local 0 0 0 South Dakota 782,460 0 782,460 State 782,460 0 782,460 Local 0 0 0 Tennessee 1,621,953 1,162,844 459,109 State 977,190 977,190 0 Local 644,763 185,654 459,109 Texas 8,028,961 695,904 7,333,057 State 5,825,641 8,155 5,817,486 Local 2,203,320 687,749 1,515,571 Utah 2,964,862 2,353,273 611,589 State 2,964,862 2,353,273 611,589 Local 0 0 0 Vermont 286,803 0 286,803 State 286,803 0 286,803 Local 0 0 0 Virginia 5,004,380 40,583 4,963,797 State 4,133,651 0 4,133,651 Local 870,729 40,583 830,146 Washington 12,072,412 187,814 11,884,598 State 11,524,798 0 11,524,798 Local 547,614 187,814 359,800 West Virginia 111 0 111 State 0 0 0 Local 111 0 111 Wisconsin 3,478,728 350,806 3,127,922 State 3,153,910 350,806 2,803,104 Local 324,818 0 324,818 Wyoming 478,625 452,834 25,791 State 478,625 452,834 25,791 Local 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(4). Source: U.S. Census Bureau, Governments Division Created: September 26, 2007 Last Revised: May 16, 2008