Table 1. National Summary of State and Local Public-Employee Retirement System Finances Fiscal Year 2009 Source: 2009 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 . Percent Item Amount CV Distribution CV ------------------------------------------------------------------------------------------------------------------ Total contributions 125,631,621 0.03% 100.00% 0.00% Employee contributions 39,511,586 0.02% 31.45% 0.03% Government contributions 86,120,035 0.04% 68.55% 0.05% State government contributions 35,509,035 0.02% 28.26% 0.04% Local government contributions 50,611,000 0.06% 40.29% 0.06% Earnings on investments(1) -633,405,912 0.04% 100.00% 0.06% Total payments 201,453,913 0.04% 100.00% 0.00% Benefits 187,033,510 0.04% 92.84% 0.05% Withdrawals 3,931,041 0.04% 1.95% 0.05% Other payments 10,489,362 0.04% 5.21% 0.05% Total cash and investment holdings 2,465,959,589 0.02% 100.00% 0.00% Cash and short-term investments 104,803,044 0.19% 4.25% 0.19% Total securities 1,975,868,081 0.02% 80.13% 0.03% Governmental securities 199,548,131 0.05% 8.09% 0.06% Federal government 198,672,296 0.05% 8.06% 0.05% United States Treasury 135,575,971 0.07% 5.50% 0.07% Federal agency 63,096,325 0.11% 2.56% 0.11% State and local government 875,835 1.38% 0.04% 1.38% Nongovernmental securities 1,776,319,949 0.03% 72.03% 0.03% Corporate bonds 410,173,374 0.02% 16.63% 0.02% Corporate stocks 808,912,022 0.03% 32.80% 0.03% Mortgages 15,548,796 0.00% 0.63% 0.02% Funds held in trust 69,635,925 0.20% 2.82% 0.20% Foreign and international 371,424,940 0.00% 15.06% 0.02% Other nongovernmental 100,624,892 0.32% 4.08% 0.32% Other investments 385,288,465 0.01% 15.62% 0.02% Real property 103,358,706 0.01% 4.19% 0.02% Miscellaneous investments 281,929,758 0.02% 11.43% 0.02% ------------------------------------------------------------------------------------------------------------------ (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. Data Created: September 29, 2011 Data Last Revised: September 29, 2011