| Table 1. National Summary of State Public |
| Employee Retirement System Finances: 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. |
| Additional information on sampling error, nonsampling error, and response rates may be |
| found at http://www.census.gov/govs/retire/how_data_collected.html. |
| Item | Amount | Percent |
|---|---|---|
| Total receipts | 488,102,626 | 100.0% |
| Employee contributions | 29,789,803 | 6.1% |
| Government contributions | 57,645,659 | 11.8% |
| State government contributions | 26,058,758 | 5.3% |
| Local government contributions | 31,586,901 | 6.5% |
| Earnings on investments(1) | 400,667,164 | 82.1% |
| Total payments | 149,093,838 | 100.0% |
| Benefits | 131,639,204 | 88.3% |
| Withdrawals | 4,562,127 | 3.1% |
| Other payments | 12,892,507 | 8.6% |
| Total cash and investment holdings | 2,822,660,076 | 100.0% |
| Cash and short-term investments | 93,440,645 | 3.3% |
| Total securities | 2,431,581,706 | 86.1% |
| Governmental securities | 226,911,170 | 8.0% |
| Federal government | 225,457,403 | 8.0% |
| United States Treasury | 134,835,661 | 4.8% |
| Federal agency | 90,621,742 | 3.2% |
| State and local government | 1,453,767 | 0.1% |
| Nongovernmental | 2,204,670,536 | 78.1% |
| Corporate bonds | 364,378,880 | 12.9% |
| Corporate stocks | 1,033,710,822 | 36.6% |
| Mortgages | 12,715,529 | 0.5% |
| Funds held in trust | 68,544,899 | 2.4% |
| Foreign and international | 443,007,121 | 15.7% |
| Other nongovernmental | 282,313,285 | 10.0% |
| Other investments | 297,637,725 | 10.5% |
| Real property | 87,675,532 | 3.1% |
| Miscellaneous investments | 209,962,193 | 7.4% |
| Pension Obligations | 2,661,969,956 | 100.0% |
| Covered Payroll | 499,553,461 | 100.0% |
| (1) The total of "net earnings" is a calculated statistic (the item code in the data file is X08), |
| and thus can be positive or negative. Net earnings is the sum of earnings on investments plus |
| gains on investments minus losses on investments. The change made in 2002 for asset valuation |
| from book to market value in accordance with Statement 34 of the Governmental Accounting Standards |
| Board is reflected in the calculated statistics. |
| Data Last Revised: April 22, 2011 |