Table 4(2). Cash and Investment Holdings of State and Local Public-Employee Retirement System by State and Level of Government Fiscal Year 2007 (Thousand Dollars) 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 short-term investments -------------------------------------------------- Time, savings Total cash deposits and and short- Cash and nonfederal State and level term demand short-term of government investments deposits investments ---------------------------------------------------------------------------------- United States 118,912,021 16,042,915 102,869,106 State 93,440,645 8,182,059 85,258,586 Local 25,471,376 7,860,856 17,610,520 Alabama 1,335,621 112,403 1,223,218 State 1,197,839 16,729 1,181,110 Local 137,782 95,674 42,108 Alaska 1,098,120 21,844 1,076,276 State 1,096,447 20,570 1,075,877 Local 1,673 1,274 399 Arizona 1,719,832 99,021 1,620,811 State 1,602,946 24,055 1,578,891 Local 116,886 74,966 41,920 Arkansas 419,990 125,752 294,238 State 390,513 100,736 289,777 Local 29,477 25,016 4,461 California 16,719,653 2,545,488 14,174,165 State 6,833,122 632,116 6,201,006 Local 9,886,531 1,913,372 7,973,159 Colorado 1,311,352 182,426 1,128,926 State 1,106,834 3,945 1,102,889 Local 204,518 178,481 26,037 Connecticut 825,468 218,572 606,896 State 525,712 7,256 518,456 Local 299,756 211,316 88,440 Delaware 217,057 216,889 168 State 188,906 188,906 0 Local 28,151 27,983 168 District of Columbia 231,244 214,788 16,456 State NA NA NA Local 231,244 214,788 16,456 Florida 16,070,194 911,611 15,158,583 State 15,528,758 618,621 14,910,137 Local 541,436 292,990 248,446 Georgia 3,135,358 211,531 2,923,827 State 2,783,981 25,940 2,758,041 Local 351,377 185,591 165,786 Hawaii 762,031 39,751 722,280 State 762,031 39,751 722,280 Local NA NA NA Idaho 490,732 5,552 485,180 State 489,775 4,595 485,180 Local 957 957 0 Illinois 5,089,454 1,427,623 3,661,831 State 3,218,382 115,978 3,102,404 Local 1,871,072 1,311,645 559,427 Indiana 1,372,789 612,537 760,252 State 1,331,653 583,768 747,885 Local 41,136 28,769 12,367 Iowa 1,581,760 5,981 1,575,779 State 1,580,952 5,776 1,575,176 Local 808 205 603 Kansas 656,792 208,553 448,239 State 642,894 207,149 435,745 Local 13,898 1,404 12,494 Kentucky 945,819 24,713 921,106 State 921,043 6,756 914,287 Local 24,776 17,957 6,819 Louisiana 2,364,804 271,309 2,093,495 State 2,158,567 222,857 1,935,710 Local 206,237 48,452 157,785 Maine 214,137 214,137 0 State 214,137 214,137 0 Local NA NA NA Maryland 2,389,296 404,592 1,984,704 State 1,659,572 144,432 1,515,140 Local 729,724 260,160 469,564 Massachusetts 724,781 537,558 187,223 State 291,868 291,868 0 Local 432,913 245,690 187,223 Michigan 3,279,517 495,751 2,783,766 State 1,512,403 258,740 1,253,663 Local 1,767,114 237,011 1,530,103 Minnesota 447,944 174,256 273,688 State 311,007 87,382 223,625 Local 136,937 86,874 50,063 Mississippi 747,477 244,205 503,272 State 747,477 244,205 503,272 Local NA NA NA Missouri 2,079,360 174,885 1,904,475 State 1,890,297 137,500 1,752,797 Local 189,063 37,385 151,678 Montana 469,389 141,627 327,762 State 469,389 141,627 327,762 Local NA NA NA Nebraska 221,977 23,577 198,400 State 149,495 6,059 143,436 Local 72,482 17,518 54,964 Nevada 697,954 404,711 293,243 State 697,954 404,711 293,243 Local NA NA NA New Hampshire 96,647 5,520 91,127 State 94,162 3,035 91,127 Local 2,485 2,485 0 New Jersey 1,051,821 1,046,018 5,803 State 1,043,641 1,043,641 0 Local 8,180 2,377 5,803 New Mexico 1,045,493 828,829 216,664 State 1,045,493 828,829 216,664 Local NA NA NA New York 14,856,778 361,433 14,495,345 State 10,615,609 0 10,615,609 Local 4,241,169 361,433 3,879,736 North Carolina 91,649 91,649 0 State 75,394 75,394 0 Local 16,255 16,255 0 North Dakota 73,020 11,187 61,833 State 69,548 9,951 59,597 Local 3,472 1,236 2,236 Ohio 4,905,249 111,014 4,794,235 State 4,905,249 111,014 4,794,235 Local 0 0 0 Oklahoma 746,751 32,885 713,866 State 694,868 13,183 681,685 Local 51,883 19,702 32,181 Oregon 3,377,747 249,501 3,128,246 State 3,365,241 236,995 3,128,246 Local 12,506 12,506 0 Pennsylvania 5,940,230 772,527 5,167,703 State 4,721,831 0 4,721,831 Local 1,218,399 772,527 445,872 Rhode Island 157,149 23,211 133,938 State 131,498 11,376 120,122 Local 25,651 11,835 13,816 South Carolina 6,293,796 13 6,293,783 State 6,292,193 0 6,292,193 Local 1,603 13 1,590 South Dakota 581,979 18,464 563,515 State 571,300 9,319 561,981 Local 10,679 9,145 1,534 Tennessee 1,685,092 251,166 1,433,926 State 1,094,147 0 1,094,147 Local 590,945 251,166 339,779 Texas 4,735,341 1,635,462 3,099,879 State 3,632,881 933,758 2,699,123 Local 1,102,460 701,704 400,756 Utah 2,153,714 2,448 2,151,266 State 2,153,714 2,448 2,151,266 Local NA NA NA Vermont 267,782 6,273 261,509 State 261,509 0 261,509 Local 6,273 6,273 0 Virginia 1,172,275 171,363 1,000,912 State 656,195 71,738 584,457 Local 516,080 99,625 416,455 Washington 404,260 108,925 295,335 State 121,572 48,079 73,493 Local 282,688 60,846 221,842 West Virginia 24,428 16,255 8,173 State 18 18 0 Local 24,410 16,237 8,173 Wisconsin 1,356,449 22,401 1,334,048 State 1,316,159 22,388 1,293,771 Local 40,290 13 40,277 Wyoming 274,469 4,728 269,741 State 274,469 4,728 269,741 Local NA NA NA ---------------------------------------------------------------------------------- Data Created: September 11, 2009 Data Last Revised: September 29, 2011