Table 4a(2). 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 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 91,564,581 16,850,839 74,713,742 State 66,321,984 9,116,712 57,205,272 Local 25,242,597 7,734,127 17,508,470 Alabama 771,164 24,592 746,572 State 681,393 14,590 666,803 Local 89,771 10,002 79,769 Alaska 84,204 31,113 53,091 State 73,350 20,299 53,051 Local 10,854 10,814 40 Arizona 1,982,151 229,968 1,752,183 State 1,724,390 26,756 1,697,634 Local 257,761 203,212 54,549 Arkansas 624,879 282,782 342,096 State 590,920 266,036 324,884 Local 33,959 16,746 17,212 California 18,095,525 2,510,416 15,585,109 State 7,958,964 619,080 7,339,884 Local 10,136,561 1,891,336 8,245,225 Colorado 785,679 18,246 767,433 State 662,104 7,722 654,382 Local 123,575 10,524 113,051 Connecticut 612,017 151,603 460,414 State 422,760 6,013 416,747 Local 189,257 145,590 43,667 Delaware 366,223 366,073 150 State 345,755 345,755 0 Local 20,468 20,318 150 District of Columbia 170,752 44,161 126,591 State NA NA NA Local 170,752 44,161 126,591 Florida 2,368,969 717,730 1,651,239 State 1,682,311 356,482 1,325,829 Local 686,658 361,248 325,410 Georgia 1,844,427 302,500 1,541,927 State 1,061,888 19,686 1,042,202 Local 782,539 282,814 499,725 Hawaii 692,391 41,773 650,618 State 692,391 41,773 650,618 Local NA NA NA Idaho 691,703 5,385 686,318 State 690,411 4,093 686,318 Local 1,292 1,292 0 Illinois 4,207,911 1,676,805 2,531,107 State 2,134,266 240,681 1,893,585 Local 2,073,645 1,436,124 637,522 Indiana 1,059,299 249,116 810,183 State 1,004,913 201,225 803,688 Local 54,386 47,891 6,495 Iowa 1,263,967 11,176 1,252,791 State 1,261,013 8,793 1,252,220 Local 2,954 2,383 571 Kansas 560,566 246,395 314,171 State 487,545 243,794 243,751 Local 73,021 2,601 70,420 Kentucky 779,484 21,747 757,737 State 767,584 9,911 757,673 Local 11,900 11,836 64 Louisiana 1,910,886 325,231 1,585,654 State 1,840,959 282,181 1,558,778 Local 69,927 43,050 26,876 Maine 565,557 14,658 550,899 State 565,557 14,658 550,899 Local NA NA NA Maryland 2,526,159 281,057 2,245,102 State 1,863,643 201,903 1,661,740 Local 662,516 79,154 583,362 Massachusetts 849,176 497,264 351,912 State 278,004 278,004 0 Local 571,172 219,260 351,912 Michigan 2,308,981 1,056,519 1,252,462 State 1,172,008 755,093 416,915 Local 1,136,973 301,426 835,547 Minnesota 333,521 157,911 175,610 State 165,964 50,081 115,883 Local 167,557 107,830 59,727 Mississippi 521,109 251,109 270,000 State 521,109 251,109 270,000 Local NA NA NA Missouri 2,145,756 192,458 1,953,298 State 1,810,386 55,594 1,754,792 Local 335,370 136,864 198,506 Montana 362,327 56,274 306,053 State 362,327 56,274 306,053 Local NA NA NA Nebraska 214,824 61,324 153,500 State 125,576 4,713 120,863 Local 89,248 56,611 32,637 Nevada 730,452 377,388 353,064 State 730,452 377,388 353,064 Local NA NA NA New Hampshire 118,038 9,656 108,382 State 109,665 2,816 106,849 Local 8,373 6,840 1,533 New Jersey 1,265,270 11,371 1,253,899 State 1,254,224 7,002 1,247,222 Local 11,046 4,369 6,677 New Mexico 598,037 369,275 228,762 State 598,037 369,275 228,762 Local NA NA NA New York 10,084,018 34,950 10,049,068 State 6,972,426 0 6,972,426 Local 3,111,592 34,950 3,076,642 North Carolina 393,781 189,355 204,426 State 367,255 162,829 204,426 Local 26,526 26,526 0 North Dakota 43,836 14,933 28,903 State 39,136 11,156 27,980 Local 4,700 3,777 923 Ohio 6,236,396 227,996 6,008,400 State 6,131,610 123,210 6,008,400 Local 104,786 104,786 0 Oklahoma 634,297 94,062 540,235 State 599,401 66,699 532,702 Local 34,896 27,363 7,533 Oregon 590,193 112,982 477,211 State 564,767 87,556 477,211 Local 25,426 25,426 0 Pennsylvania 9,283,574 643,529 8,640,044 State 8,064,330 0 8,064,330 Local 1,219,244 643,529 575,714 Rhode Island 39,076 24,982 14,094 State 6,867 3,337 3,530 Local 32,209 21,645 10,564 South Carolina 1,833,604 1,730,631 102,973 State 1,832,117 1,730,562 101,555 Local 1,487 69 1,418 South Dakota 379,259 10,969 368,290 State 375,356 7,066 368,290 Local 3,903 3,903 0 Tennessee 1,217,254 609,953 607,301 State 645,674 358,322 287,352 Local 571,580 251,631 319,949 Texas 4,910,386 1,953,328 2,957,057 State 3,512,998 962,869 2,550,129 Local 1,397,388 990,459 406,928 Utah 1,514,101 1,213 1,512,888 State 1,514,101 1,213 1,512,888 Local NA NA NA Vermont 13,144 13,095 49 State 6,992 6,992 0 Local 6,152 6,103 49 Virginia 1,207,400 194,354 1,013,046 State 562,728 119,681 443,047 Local 644,672 74,673 569,999 Washington 1,521,717 376,597 1,145,120 State 1,293,696 324,566 969,130 Local 228,021 52,031 175,990 West Virginia 26,174 20,313 5,860 State 7,370 7,370 0 Local 18,804 12,943 5,860 Wisconsin 39,678 17 39,661 State 0 0 0 Local 39,678 17 39,661 Wyoming 185,291 4,504 180,787 State 185,291 4,504 180,787 Local NA NA NA ---------------------------------------------------------------------------------- Data Created: March 23, 2010 Data Last Revised: September 29, 2011