| Table 1. National Summary of State Public |
| Employee Retirement System Finances: Fiscal Year 2009 |
| (Thousand Dollars) |
| 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 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. |
| Item | Amount | Percent |
|---|---|---|
| Total receipts | (425,782,081) | 100.0% |
| Employee contributions | 33,335,871 | -7.8% |
| Government contributions | 64,836,246 | -15.2% |
| State government contributions | 29,618,588 | -7.0% |
| Local government contributions | 35,217,658 | -8.3% |
| Earnings on investments(1) | (523,954,198) | 123.1% |
| Total payments | 161,686,475 | 100.0% |
| Benefits | 151,850,339 | 93.9% |
| Withdrawals | 3,282,212 | 2.0% |
| Other payments | 6,553,924 | 4.1% |
| Total cash and investment holdings | 2,029,201,192 | 100.0% |
| Cash and short-term investments | 84,254,144 | 4.2% |
| Total securities | 1,616,544,698 | 79.7% |
| Governmental securities | 163,891,577 | 8.1% |
| Federal government | 163,220,670 | 8.0% |
| United States Treasury | 112,446,110 | 5.5% |
| Federal agency | 50,774,560 | 2.5% |
| State and local government | 670,907 | 0.0% |
| Nongovernmental | 1,452,653,121 | 71.6% |
| Corporate bonds | 336,130,557 | 16.6% |
| Corporate stocks | 658,838,580 | 32.5% |
| Mortgages | 14,113,984 | 0.7% |
| Funds held in trust | 62,800,512 | 3.1% |
| Foreign and international | 316,141,175 | 15.6% |
| Other nongovernmental | 64,628,313 | 3.2% |
| Other investments | 328,402,350 | 16.2% |
| Real property | 92,729,218 | 4.6% |
| Miscellaneous investments | 235,673,132 | 11.6% |
| Pension Obligations | 3,031,053,321 | 100.0% |
| Covered Payroll | 563,464,329 | 100.0% |
| (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 Last Revised: April 22, 2011 |