Table 4a(1). Cash and Investment Holdings of State and Local Government Employee Retirement Systems by State and Level of Government: Fiscal Year 2008 (Thousand Dollars) Source: 2008 Survey of State and Local 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. 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 3,190,072,194 91,188,031 2,674,888,614 423,995,549 State 2,663,778,268 65,967,070 2,227,560,388 370,250,810 Local 526,293,926 25,220,961 447,328,226 53,744,739 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 84,272 11,600,292 4,368,114 State 15,588,674 73,350 11,173,997 4,341,327 Local 464,004 10,922 426,295 26,787 Arizona 39,037,728 2,034,090 35,484,204 1,519,434 State 34,862,078 1,724,390 32,041,444 1,096,244 Local 4,175,650 309,700 3,442,760 423,190 Arkansas 18,590,637 412,288 16,599,284 1,579,065 State 18,285,745 378,330 16,338,948 1,568,467 Local 304,892 33,958 260,336 10,598 California 617,944,189 17,910,802 480,559,270 119,474,117 State 446,850,300 7,742,172 349,550,574 89,557,554 Local 171,093,889 10,168,630 131,008,696 29,916,563 Colorado 51,768,898 785,676 42,965,967 8,017,255 State 45,259,394 662,104 37,457,691 7,139,599 Local 6,509,504 123,572 5,508,276 877,656 Connecticut 32,492,313 612,049 31,510,445 369,819 State 26,854,534 422,760 26,431,774 0 Local 5,637,779 189,289 5,078,671 369,819 Delaware 6,928,763 365,315 5,699,102 864,346 State 6,342,495 345,755 5,140,112 856,628 Local 586,268 19,560 558,990 7,718 District of Columbia 7,657,784 170,752 6,905,239 581,793 State 0 0 0 0 Local 7,657,784 170,752 6,905,239 581,793 Florida 148,579,281 2,367,909 132,185,131 14,026,241 State 130,349,841 1,682,311 115,547,151 13,120,379 Local 18,229,440 685,598 16,637,980 905,862 Georgia 72,296,800 1,729,934 70,464,525 102,341 State 66,305,666 947,397 65,287,760 70,509 Local 5,991,134 782,537 5,176,765 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 0 0 0 0 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 130,176,130 4,490,468 109,248,536 16,437,126 State 88,507,973 2,440,794 70,891,017 15,176,162 Local 41,668,157 2,049,674 38,357,519 1,260,964 Indiana 24,095,143 1,060,185 21,349,391 1,685,567 State 23,848,466 1,004,913 21,158,170 1,685,383 Local 246,677 55,272 191,221 184 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 31,211,614 779,338 29,749,183 683,093 State 30,742,190 767,584 29,315,963 658,643 Local 469,424 11,754 433,220 24,450 Louisiana 37,438,888 1,910,886 29,183,790 6,344,212 State 34,990,528 1,840,959 26,931,525 6,218,044 Local 2,448,360 69,927 2,252,265 126,168 Maine 10,603,783 565,557 10,005,525 32,701 State 10,603,783 565,557 10,005,525 32,701 Local 0 0 0 0 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 67,257,603 837,765 63,373,420 3,046,418 State 51,090,740 275,381 50,330,306 485,053 Local 16,166,863 562,384 13,043,114 2,561,365 Michigan 85,646,534 2,308,988 75,618,136 7,719,410 State 63,489,518 1,172,008 56,202,964 6,114,546 Local 22,157,016 1,136,980 19,415,172 1,604,864 Minnesota 51,269,588 268,073 39,397,171 11,604,344 State 48,047,179 165,964 36,455,621 11,425,594 Local 3,222,409 102,109 2,941,550 178,750 Mississippi 25,220,621 521,109 23,778,365 921,147 State 25,220,621 521,109 23,778,365 921,147 Local 0 0 0 0 Missouri 53,412,702 2,145,759 41,199,557 10,067,386 State 45,947,323 1,810,386 34,780,535 9,356,402 Local 7,465,379 335,373 6,419,022 710,984 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 0 0 0 0 Nebraska 10,467,820 101,430 10,095,035 271,355 State 7,660,378 11,344 7,617,700 31,334 Local 2,807,442 90,086 2,477,335 240,021 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 0 0 0 0 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 0 0 0 0 New York 392,759,723 10,084,018 346,632,123 36,043,582 State 276,868,617 6,972,426 238,764,622 31,131,569 Local 115,891,106 3,111,592 107,867,501 4,912,013 North Carolina 77,534,512 393,067 69,908,860 7,232,585 State 77,112,148 366,541 69,513,022 7,232,585 Local 422,364 26,526 395,838 0 North Dakota 3,791,144 43,756 2,956,910 790,478 State 3,551,665 39,136 2,722,051 790,478 Local 239,479 4,620 234,859 0 Ohio 163,876,387 6,228,449 135,180,057 22,467,881 State 161,175,870 6,131,610 132,707,266 22,336,994 Local 2,700,517 96,839 2,472,791 130,887 Oklahoma 22,997,887 634,156 21,366,683 997,048 State 21,830,380 599,401 20,311,976 919,003 Local 1,167,507 34,755 1,054,707 78,045 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 117,173,158 9,284,168 75,016,954 32,872,036 State 101,067,915 8,064,330 60,934,043 32,069,542 Local 16,105,243 1,219,838 14,082,911 802,494 Rhode Island 9,925,824 39,753 8,735,846 1,150,225 State 8,942,958 6,867 7,862,380 1,073,711 Local 982,866 32,886 873,466 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 190,138,517 4,910,129 170,941,503 14,286,885 State 165,691,575 3,512,998 151,011,420 11,167,157 Local 24,446,942 1,397,131 19,930,083 3,119,728 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 0 0 0 0 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 8,213,564 26,175 8,180,616 6,773 State 7,994,845 7,370 7,987,475 0 Local 218,719 18,805 193,141 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 0 0 0 0 ---------------------------------------------------------------------------------------------------- Data Created: March 23, 2010 Data Last Revised: March 23, 2010