Table 4a(1). Cash and Investment Holdings of State and Local Public-Employee Retirement System by State and Level of Government Fiscal Year 2008 (Thousand Dollars) Source: 2008 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 is from a sample of public employee retirement systems, and as such are subject to sampling variability. Additionally, the data are subject to coverage, response and processing errors as well as errors of nonresponse. For more information on the data limitations, definitions and methodology, see . 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 3,192,093,023 91,564,581 2,682,899,542 417,628,901 State 2,670,483,906 66,321,984 2,237,097,553 367,064,369 Local 521,609,117 25,242,597 445,801,989 50,564,532 Alabama 31,197,648 771,164 28,138,549 2,287,935 State 28,834,102 681,393 25,929,697 2,223,012 Local 2,363,546 89,771 2,208,852 64,923 Alaska 16,052,678 84,204 11,599,220 4,369,254 State 15,588,674 73,350 11,173,997 4,341,327 Local 464,004 10,854 425,223 27,927 Arizona 37,536,673 1,982,151 34,191,335 1,363,187 State 34,862,078 1,724,390 32,041,444 1,096,244 Local 2,674,595 257,761 2,149,891 266,943 Arkansas 18,921,839 624,879 16,717,895 1,579,065 State 18,616,948 590,920 16,457,561 1,568,467 Local 304,891 33,959 260,334 10,598 California 642,684,348 18,095,525 508,564,602 116,024,220 State 475,217,250 7,958,964 378,168,100 89,090,186 Local 167,467,098 10,136,561 130,396,502 26,934,034 Colorado 51,768,910 785,679 42,965,976 8,017,255 State 45,259,394 662,104 37,457,691 7,139,599 Local 6,509,516 123,575 5,508,285 877,656 Connecticut 32,491,747 612,017 31,509,912 369,819 State 26,854,534 422,760 26,431,774 0 Local 5,637,213 189,257 5,078,138 369,819 Delaware 6,892,795 366,223 5,669,944 856,628 State 6,342,495 345,755 5,140,112 856,628 Local 550,300 20,468 529,832 0 District of Columbia 7,657,784 170,752 6,905,239 581,793 State NA NA NA NA Local 7,657,784 170,752 6,905,239 581,793 Florida 148,692,266 2,368,969 132,297,442 14,025,855 State 130,349,841 1,682,311 115,547,151 13,120,379 Local 18,342,425 686,658 16,750,291 905,476 Georgia 72,188,761 1,844,427 70,241,994 102,341 State 66,197,619 1,061,888 65,065,222 70,509 Local 5,991,142 782,539 5,176,772 31,832 Hawaii 11,459,672 692,391 9,414,439 1,352,842 State 11,459,672 692,391 9,414,439 1,352,842 Local NA NA NA NA Idaho 10,352,446 691,703 8,962,390 698,353 State 10,334,121 690,411 8,945,357 698,353 Local 18,325 1,292 17,033 0 Illinois 129,919,435 4,207,911 112,536,274 13,175,250 State 88,313,621 2,134,266 74,182,488 11,996,867 Local 41,605,814 2,073,645 38,353,786 1,178,383 Indiana 24,094,257 1,059,299 21,349,391 1,685,567 State 23,848,466 1,004,913 21,158,170 1,685,383 Local 245,791 54,386 191,221 184 Iowa 25,662,496 1,263,967 19,075,885 5,322,644 State 25,614,618 1,261,013 19,031,756 5,321,849 Local 47,878 2,954 44,129 795 Kansas 14,634,089 560,566 12,624,098 1,449,425 State 13,527,064 487,545 11,649,375 1,390,144 Local 1,107,025 73,021 974,723 59,281 Kentucky 31,212,599 779,484 29,750,347 682,768 State 30,742,190 767,584 29,315,963 658,643 Local 470,409 11,900 434,384 24,125 Louisiana 37,438,886 1,910,886 29,183,788 6,344,212 State 34,990,528 1,840,959 26,931,525 6,218,044 Local 2,448,358 69,927 2,252,263 126,168 Maine 10,603,783 565,557 10,005,525 32,701 State 10,603,783 565,557 10,005,525 32,701 Local NA NA NA NA Maryland 50,611,907 2,526,159 43,365,028 4,720,720 State 38,034,804 1,863,643 33,001,202 3,169,959 Local 12,577,103 662,516 10,363,826 1,550,761 Massachusetts 67,647,976 849,176 63,503,000 3,295,801 State 51,089,422 278,004 50,099,315 712,103 Local 16,558,554 571,172 13,403,685 2,583,698 Michigan 91,688,292 2,308,981 81,659,908 7,719,404 State 69,531,310 1,172,008 62,244,756 6,114,546 Local 22,156,982 1,136,973 19,415,152 1,604,858 Minnesota 51,335,048 333,521 39,397,181 11,604,346 State 48,047,179 165,964 36,455,621 11,425,594 Local 3,287,869 167,557 2,941,560 178,752 Mississippi 25,220,621 521,109 23,778,365 921,147 State 25,220,621 521,109 23,778,365 921,147 Local NA NA NA NA Missouri 53,408,676 2,145,756 41,196,206 10,066,714 State 45,947,323 1,810,386 34,780,535 9,356,402 Local 7,461,353 335,370 6,415,671 710,312 Montana 7,909,594 362,327 4,478,552 3,068,715 State 7,909,594 362,327 4,478,552 3,068,715 Local NA NA NA NA Nebraska 10,467,073 214,824 9,758,772 493,477 State 7,660,371 125,576 7,270,289 264,506 Local 2,806,702 89,248 2,488,483 228,971 Nevada 22,391,660 730,452 19,937,076 1,724,132 State 22,391,660 730,452 19,937,076 1,724,132 Local NA NA NA NA New Hampshire 6,098,087 118,038 5,402,416 577,633 State 5,918,841 109,665 5,257,577 551,599 Local 179,246 8,373 144,839 26,034 New Jersey 76,119,855 1,265,270 65,064,847 9,789,738 State 76,004,559 1,254,224 64,963,069 9,787,266 Local 115,296 11,046 101,778 2,472 New Mexico 23,821,743 598,037 19,753,687 3,470,019 State 23,821,743 598,037 19,753,687 3,470,019 Local NA NA NA NA New York 364,925,301 10,084,018 318,797,701 36,043,582 State 249,034,195 6,972,426 210,930,200 31,131,569 Local 115,891,106 3,111,592 107,867,501 4,912,013 North Carolina 77,638,351 393,781 70,011,985 7,232,585 State 77,215,987 367,255 69,616,147 7,232,585 Local 422,364 26,526 395,838 0 North Dakota 3,792,644 43,836 2,958,330 790,478 State 3,551,665 39,136 2,722,051 790,478 Local 240,979 4,700 236,279 0 Ohio 163,853,738 6,236,396 135,111,189 22,506,153 State 161,175,870 6,131,610 132,707,266 22,336,994 Local 2,677,868 104,786 2,403,923 169,159 Oklahoma 22,997,887 634,297 21,366,963 996,627 State 21,830,380 599,401 20,311,976 919,003 Local 1,167,507 34,896 1,054,987 77,624 Oregon 58,386,053 590,193 42,570,972 15,224,888 State 58,360,627 564,767 42,570,972 15,224,888 Local 25,426 25,426 0 0 Pennsylvania 117,171,259 9,283,574 75,015,658 32,872,028 State 101,067,915 8,064,330 60,934,043 32,069,542 Local 16,103,344 1,219,244 14,081,615 802,486 Rhode Island 9,920,271 39,076 8,730,970 1,150,225 State 8,942,958 6,867 7,862,380 1,073,711 Local 977,313 32,209 868,590 76,514 South Carolina 30,254,256 1,833,604 28,420,652 0 State 30,207,551 1,832,117 28,375,434 0 Local 46,705 1,487 45,218 0 South Dakota 7,787,252 379,259 5,736,852 1,671,141 State 7,429,021 375,356 5,382,524 1,671,141 Local 358,231 3,903 354,328 0 Tennessee 39,810,408 1,217,254 36,284,569 2,308,585 State 31,782,851 645,674 29,807,006 1,330,171 Local 8,027,557 571,580 6,477,563 978,414 Texas 190,143,578 4,910,386 170,946,317 14,286,876 State 165,691,575 3,512,998 151,011,420 11,167,157 Local 24,452,003 1,397,388 19,934,897 3,119,719 Utah 22,980,629 1,514,101 14,352,645 7,113,883 State 22,980,629 1,514,101 14,352,645 7,113,883 Local NA NA NA NA Vermont 3,212,959 13,144 3,188,520 11,295 State 3,091,673 6,992 3,073,552 11,129 Local 121,286 6,152 114,968 166 Virginia 64,266,615 1,207,400 55,370,973 7,688,242 State 53,141,843 562,728 45,723,115 6,856,000 Local 11,124,772 644,672 9,647,858 832,242 Washington 66,078,285 1,521,717 42,115,228 22,441,340 State 62,203,108 1,293,696 39,247,634 21,661,778 Local 3,875,177 228,021 2,867,594 779,562 West Virginia 8,213,566 26,174 8,180,619 6,773 State 7,994,845 7,370 7,987,475 0 Local 218,721 18,804 193,144 6,773 Wisconsin 85,600,322 39,678 78,459,177 7,101,467 State 78,770,783 0 72,133,383 6,637,400 Local 6,829,539 39,678 6,325,794 464,067 Wyoming 6,876,005 185,291 6,280,939 409,775 State 6,876,005 185,291 6,280,939 409,775 Local NA NA NA NA ---------------------------------------------------------------------------------------------------- Data Created: March 23, 2010 Data Last Revised: September 29, 2011