Table 4(1). Cash and Investment Holdings of State and Local Public-Employee Retirement Systems by State and Level of Government Source: 2007 Annual Survey of Public-Employee Retirement Systems. Data users who create their own estimates using data from this report should cite the U.S. Census Bureau as the source of the original data only. The data in this table are based on information from public records and contain no confidential data. Although the data in this table come from a census of retirement systems and are not subject to sampling error, the census results do contain nonsampling error. Additional information on nonsampling error, and response rates may be found at http://www2.census.gov/govs/retire/2007surveymeth.pdf. Cash and investment holdings -------------------------------------------------------------------- Total Total cash cash and and short- State and level investment term Total Total other of government holdings investments securities investments ---------------------------------------------------------------------------------------------------- United States 3,368,810,725 118,912,021 2,910,543,556 339,355,148 State 2,822,660,076 93,440,645 2,431,581,706 297,637,725 Local 546,150,649 25,471,376 478,961,850 41,717,423 Alabama 34,616,018 1,335,621 31,021,192 2,259,205 State 32,229,177 1,197,839 28,827,229 2,204,109 Local 2,386,841 137,782 2,193,963 55,096 Alaska 14,780,650 1,098,120 11,361,188 2,321,342 State 14,360,796 1,096,447 10,995,293 2,269,056 Local 419,854 1,673 365,895 52,286 Arizona 37,745,103 1,719,832 34,949,500 1,075,771 State 34,980,941 1,602,946 32,586,957 791,038 Local 2,764,162 116,886 2,362,543 284,733 Arkansas 20,322,699 419,990 18,432,421 1,470,288 State 20,000,524 390,513 18,141,034 1,468,977 Local 322,175 29,477 291,387 1,311 California 656,367,428 16,719,653 549,647,838 89,999,937 State 483,569,222 6,833,122 410,022,812 66,713,288 Local 172,798,206 9,886,531 139,625,026 23,286,649 Colorado 48,327,741 1,311,352 39,667,090 7,349,299 State 42,198,456 1,106,834 34,492,169 6,599,453 Local 6,129,285 204,518 5,174,921 749,846 Connecticut 35,430,000 825,468 34,317,783 286,749 State 29,421,381 525,712 28,895,669 0 Local 6,008,619 299,756 5,422,114 286,749 Delaware 7,552,988 217,057 6,476,659 859,272 State 6,953,800 188,906 5,905,622 859,272 Local 599,188 28,151 571,037 0 District of Columbia 6,645,319 231,244 6,120,177 293,898 State NA NA NA NA Local 6,645,319 231,244 6,120,177 293,898 Florida 155,868,570 16,070,194 127,812,799 11,985,577 State 139,539,430 15,528,758 112,536,386 11,474,286 Local 16,329,140 541,436 15,276,413 511,291 Georgia 74,812,901 3,135,358 71,554,215 123,328 State 69,139,134 2,783,981 66,264,004 91,149 Local 5,673,767 351,377 5,290,211 32,179 Hawaii 13,341,480 762,031 11,312,513 1,266,936 State 13,341,480 762,031 11,312,513 1,266,936 Local NA NA NA NA Idaho 11,292,077 490,732 10,005,673 795,672 State 11,274,099 489,775 9,988,652 795,672 Local 17,978 957 17,021 0 Illinois 138,731,806 5,089,454 122,447,313 11,195,039 State 94,742,787 3,218,382 82,599,187 8,925,218 Local 43,989,019 1,871,072 39,848,126 2,269,821 Indiana 30,834,814 1,372,789 28,756,059 705,966 State 30,539,529 1,331,653 28,501,910 705,966 Local 295,285 41,136 254,149 0 Iowa 27,240,570 1,581,760 21,209,603 4,449,207 State 27,192,864 1,580,952 21,163,449 4,448,463 Local 47,706 808 46,154 744 Kansas 18,117,154 656,792 15,903,057 1,557,305 State 17,136,614 642,894 14,987,420 1,506,300 Local 980,540 13,898 915,637 51,005 Kentucky 33,070,488 945,819 31,698,363 426,306 State 32,542,347 921,043 31,220,805 400,499 Local 528,141 24,776 477,558 25,807 Louisiana 39,758,166 2,364,804 32,553,060 4,840,302 State 37,209,033 2,158,567 30,343,572 4,706,894 Local 2,549,133 206,237 2,209,488 133,408 Maine 13,924,980 214,137 13,701,017 9,826 State 13,924,980 214,137 13,701,017 9,826 Local NA NA NA NA Maryland 54,069,221 2,389,296 48,514,832 3,165,093 State 40,730,392 1,659,572 37,268,558 1,802,262 Local 13,338,829 729,724 11,246,274 1,362,831 Massachusetts 67,849,202 724,781 64,528,373 2,596,048 State 51,949,649 291,868 51,233,392 424,389 Local 15,899,553 432,913 13,294,981 2,171,659 Michigan 104,127,700 3,279,517 84,377,613 16,470,570 State 80,416,578 1,512,403 64,422,637 14,481,538 Local 23,711,122 1,767,114 19,954,976 1,989,032 Minnesota 54,102,798 447,944 39,969,596 13,685,258 State 50,289,864 311,007 36,541,497 13,437,360 Local 3,812,934 136,937 3,428,099 247,898 Mississippi 28,137,475 747,477 26,514,265 875,733 State 28,137,475 747,477 26,514,265 875,733 Local NA NA NA NA Missouri 60,235,391 2,079,360 51,048,081 7,107,950 State 52,874,767 1,890,297 44,492,062 6,492,408 Local 7,360,624 189,063 6,556,019 615,542 Montana 8,382,987 469,389 5,173,832 2,739,766 State 8,382,987 469,389 5,173,832 2,739,766 Local NA NA NA NA Nebraska 11,371,110 221,977 10,620,621 528,512 State 8,564,189 149,495 8,118,150 296,544 Local 2,806,921 72,482 2,502,471 231,968 Nevada 23,163,569 697,954 20,995,448 1,470,167 State 23,163,569 697,954 20,995,448 1,470,167 Local NA NA NA NA New Hampshire 6,744,505 96,647 5,955,493 692,365 State 6,581,403 94,162 5,817,997 669,244 Local 163,102 2,485 137,496 23,121 New Jersey 77,195,804 1,051,821 72,153,642 3,990,341 State 77,073,993 1,043,641 72,042,873 3,987,479 Local 121,811 8,180 110,769 2,862 New Mexico 23,119,900 1,045,493 21,322,640 751,767 State 23,119,900 1,045,493 21,322,640 751,767 Local NA NA NA NA New York 403,969,878 14,856,778 353,434,347 35,678,753 State 271,123,498 10,615,609 225,866,657 34,641,232 Local 132,846,380 4,241,169 127,567,690 1,037,521 North Carolina 73,618,240 91,649 68,788,535 4,738,056 State 73,167,005 75,394 68,404,718 4,686,893 Local 451,235 16,255 383,817 51,163 North Dakota 4,180,279 73,020 3,524,611 582,648 State 3,954,057 69,548 3,308,379 576,130 Local 226,222 3,472 216,232 6,518 Ohio 166,416,402 4,905,249 143,096,437 18,414,716 State 163,995,511 4,905,249 140,675,546 18,414,716 Local 2,420,891 0 2,420,891 0 Oklahoma 25,383,696 746,751 23,763,741 873,204 State 24,253,905 694,868 22,735,814 823,223 Local 1,129,791 51,883 1,027,927 49,981 Oregon 65,891,380 3,377,747 50,639,953 11,873,680 State 65,878,874 3,365,241 50,639,953 11,873,680 Local 12,506 12,506 0 0 Pennsylvania 118,299,680 5,940,230 95,095,509 17,263,941 State 101,732,452 4,721,831 80,437,462 16,573,159 Local 16,567,228 1,218,399 14,658,047 690,782 Rhode Island 10,806,897 157,149 9,669,589 980,159 State 9,773,795 131,498 8,736,992 905,305 Local 1,033,102 25,651 932,597 74,854 South Carolina 33,515,496 6,293,796 27,193,705 27,995 State 33,465,869 6,292,193 27,145,681 27,995 Local 49,627 1,603 48,024 0 South Dakota 8,623,309 581,979 6,624,145 1,417,185 State 8,294,924 571,300 6,306,439 1,417,185 Local 328,385 10,679 317,706 0 Tennessee 40,664,695 1,685,092 36,940,118 2,039,485 State 32,108,781 1,094,147 29,931,146 1,083,488 Local 8,555,914 590,945 7,008,972 955,997 Texas 220,368,919 4,735,341 202,873,728 12,759,850 State 196,610,262 3,632,881 182,931,614 10,045,767 Local 23,758,657 1,102,460 19,942,114 2,714,083 Utah 24,296,018 2,153,714 16,810,583 5,331,721 State 24,296,018 2,153,714 16,810,583 5,331,721 Local NA NA NA NA Vermont 3,607,736 267,782 3,098,507 241,447 State 3,486,106 261,509 2,983,150 241,447 Local 121,630 6,273 115,357 0 Virginia 63,512,047 1,172,275 56,064,261 6,275,511 State 51,010,539 656,195 44,454,607 5,899,737 Local 12,501,508 516,080 11,609,654 375,774 Washington 63,845,472 404,260 45,073,654 18,367,558 State 60,283,185 121,572 42,500,187 17,661,426 Local 3,562,287 282,688 2,573,467 706,132 West Virginia 7,756,101 24,428 7,731,542 131 State 7,535,465 18 7,535,447 0 Local 220,636 24,410 196,095 131 Wisconsin 89,734,323 1,356,449 83,580,873 4,797,001 State 83,068,927 1,316,159 77,330,518 4,422,250 Local 6,665,396 40,290 6,250,355 374,751 Wyoming 7,039,543 274,469 6,417,762 347,312 State 7,039,543 274,469 6,417,762 347,312 Local NA NA NA NA ---------------------------------------------------------------------------------------------------- Data Created: September 11, 2009 Data Last Revised: September 29, 2011