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
----------------------------------------------------------
Total receipts                                 488,102,626
   Employee contributions                       29,789,803
   Government contributions                     57,645,659
      State government contributions(r)         31,586,901
      Local government contributions(r)         26,058,758
   Earnings on investments(1)                  400,667,164
                                                                                                                  
Total payments                                 149,093,838
   Benefits                                    131,639,204
   Withdrawals                                   4,562,127
   Other payments                               12,892,507
                                                                                                                
Total cash and investment holdings           2,822,660,076
                                                                                                                
Cash and short-term investments                 93,440,645
                                                                                                                
Total securities                             2,431,581,706
   Governmental securities                     226,911,170
      Federal government                       225,457,403
         United States Treasury                134,835,661
         Federal agency                         90,621,742
      State and local government                 1,453,767
   Nongovernmental                           2,204,670,536
      Corporate bonds                          364,378,880
      Corporate stocks                       1,033,710,822
      Mortgages                                 12,715,529
      Funds held in trust                       68,544,899
      Foreign and international                443,007,121
      Other nongovernmental                    282,313,285

                                                                                                                
Other investments                              297,637,725
   Real property                                87,675,532
   Miscellaneous investments                   209,962,193

Pension Obligations                          2,661,969,956 

Covered Payroll                                499,553,461 
----------------------------------------------------------

(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.

(r) Data for "State government contributions" and "Local government contributions" were transposed  
when released in April 2011. As of October 13, 2011 the data cells correspond to the correct  
contributions category. No other revisions have been made to the statistics since April 22, 2011. 


Data Created: February 25, 2011 
Data Last Revised: April 22, 2011