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 ---------------------------------------------------------- Total receipts -425,782,081 Employee contributions 33,335,871 Government contributions 64,836,246 State government contributions(r) 35,217,658 Local government contributions(r) 29,618,588 Earnings on investments(1) -523,954,198 Total payments 161,686,475 Benefits 151,850,339 Withdrawals 3,282,212 Other payments 6,553,924 Total cash and investment holdings 2,029,201,192 Cash and short-term investments 84,254,144 Total securities 1,616,544,698 Governmental securities 163,891,577 Federal government 163,220,670 United States Treasury 112,446,110 Federal agency 50,774,560 State and local government 670,907 Nongovernmental 1,452,653,121 Corporate bonds 336,130,557 Corporate stocks 658,838,580 Mortgages 14,113,984 Funds held in trust 62,800,512 Foreign and international 316,141,175 Other nongovernmental 64,628,313 Other investments 328,402,350 Real property 92,729,218 Miscellaneous investments 235,673,132 Pension Obligations 3,031,053,321 Covered Payroll 563,464,329 ---------------------------------------------------------- (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. (r) Data for "State government contributions" and "Local government contributions" were transposed when released in April 2011. As of October 13, 2011 the data cells correspond to the correct contributions category. No other revisions have been made to the statistics since April 22, 2011. Data Created: February 25, 2011 Data Last Revised: April 22, 2011