Table 4b(2). Cash and Investment Holdings of State and Local Public-Employee Retirement System by State and Level of Government Fiscal Year 2008 Coefficient of Variation (CV) Values for Table 4a(2) 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 0.20% 0.83% 0.19% State 0.00% 0.00% 0.00% Local 0.72% 1.82% 0.79% Alabama 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Alaska 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Arizona 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Arkansas 0.10% 0.17% 0.04% State 0.00% 0.00% 0.00% Local 1.82% 2.95% 0.83% California 0.01% 0.10% 0.00% State 0.00% 0.00% 0.00% Local 0.03% 0.14% 0.00% Colorado 0.01% 0.54% 0.00% State 0.00% 0.00% 0.00% Local 0.08% 0.94% 0.00% Connecticut 1.14% 4.60% 0.00% State 0.00% 0.00% 0.00% Local 3.69% 4.79% 0.00% Delaware 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% District of Columbia 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Florida 2.21% 2.10% 3.42% State 0.00% 0.00% 0.00% Local 7.63% 4.17% 17.36% Georgia 0.71% 4.38% 0.01% State 0.00% 0.00% 0.00% Local 1.67% 4.69% 0.03% Hawaii 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Idaho 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Illinois 2.71% 4.77% 3.97% State 0.00% 0.00% 0.00% Local 5.51% 5.57% 15.74% Indiana 0.27% 1.17% 0.03% State 0.00% 0.00% 0.00% Local 5.34% 6.10% 3.56% Iowa 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Kansas 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Kentucky 0.02% 0.84% 0.00% State 0.00% 0.00% 0.00% Local 1.54% 1.55% 0.00% Louisiana 0.39% 0.83% 0.33% State 0.00% 0.00% 0.00% Local 10.63% 6.28% 19.66% Maine 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Maryland 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Massachusetts 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Michigan 1.73% 2.25% 3.30% State 0.00% 0.00% 0.00% Local 3.52% 7.89% 4.95% Minnesota 19.98% 42.44% 0.22% State 0.00% 0.00% 0.00% Local 39.76% 62.15% 0.64% Mississippi 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Missouri 0.54% 6.68% 0.09% State 0.00% 0.00% 0.00% Local 3.47% 9.40% 0.92% Montana 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Nebraska 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Nevada 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% New Hampshire 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% New Jersey 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% New Mexico 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% New York 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% North Carolina 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% North Dakota 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Ohio 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Oklahoma 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Oregon 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Pennsylvania 1.11% 13.61% 0.73% State 0.00% 0.00% 0.00% Local 8.42% 13.61% 11.02% Rhode Island 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% South Carolina 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% South Dakota 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Tennessee 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Texas 0.19% 0.04% 0.35% State 0.00% 0.00% 0.00% Local 0.68% 0.08% 2.51% Utah 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Vermont 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Virginia 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Washington 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% West Virginia 10.21% 14.83% 21.69% State 0.00% 0.00% 0.00% Local 14.21% 23.27% 21.69% Wisconsin 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% Wyoming 0.00% 0.00% 0.00% State 0.00% 0.00% 0.00% Local 0.00% 0.00% 0.00% ---------------------------------------------------------------------------------- Data Created: March 23, 2010 Data Last Revised: September 29, 2011