2007 Annual Retirement Table 04-3

Table 4(3). Cash and Investment Holdings of State and Local Government

Employee-Retirement Systems by State and Level of Government: 2006-2007

(Thousand Dollars)

Source: 2007 Census of Governments, 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.

Although the data in this table come from a census of retirement systems and are not subject to sampling error,

the census results do contain nonsampling error. Additional information on nonsampling error, response rates,

and definitions may be found at http://www.census.gov/govs/www/retire07.html.

State and Level of Government	All Securities
	Nongovernmental Securities
	Corporate Bonds	Corporate Stocks	Mortgages	Funds Held in Trust	Foreign and International Securities	Other
United States	448,533,332	1,231,684,279	13,080,308	79,665,260	518,304,128	355,100,159
State	357,858,992	1,006,444,191	12,380,853	70,954,897	440,077,588	311,788,399
Local	90,674,340	225,240,088	699,455	8,710,363	78,226,540	43,311,760
Alabama	8,133,169	16,566,245	0	0	5,604,788	217,735
State	7,763,581	15,505,757	0	0	5,410,900	58,785
Local	369,588	1,060,488	0	0	193,888	158,950
Alaska	2,088,028	5,199,470	48	0	1,923,573	740,900
State	2,004,616	5,039,447	0	0	1,853,069	698,564
Local	83,412	160,023	48	0	70,504	42,336
Arizona	7,012,120	21,956,030	0	105,271	4,646,348	66,511
State	6,846,246	20,771,161	0	0	4,166,884	0
Local	165,874	1,184,869	0	105,271	479,464	66,511
Arkansas	1,585,774	7,396,312	56,975	344,620	3,749,246	1,490,240
State	1,565,200	7,291,771	56,975	321,369	3,747,606	1,414,735
Local	20,574	104,541	0	23,251	1,640	75,505
California	88,723,195	251,855,054	4,503,455	4,033,073	137,963,544	32,404,266
State	49,943,392	191,216,783	4,471,853	2,906,403	102,522,292	27,892,981
Local	38,779,803	60,638,271	31,602	1,126,670	35,441,252	4,511,285
Colorado	8,031,695	20,001,623	118,935	54,718	7,914,754	893,285
State	7,133,083	17,906,059	8,486	0	6,887,855	369,643
Local	898,612	2,095,564	110,449	54,718	1,026,899	523,642
Connecticut	9,377,374	13,624,060	4,298	37,245	5,349,344	5,251,078
State	8,748,947	11,621,730	0	0	4,922,964	3,602,028
Local	628,427	2,002,330	4,298	37,245	426,380	1,649,050
Delaware	737,582	4,396,303	0	0	1,114,907	137,515
State	663,591	4,127,766	0	0	1,114,265	0
Local	73,991	268,537	0	0	642	137,515
District of Columbia	1,254,663	2,406,356	0	0	1,259,815	139,065
State	0	0	0	0	0	0
Local	1,254,663	2,406,356	0	0	1,259,815	139,065
Florida	23,402,075	66,775,582	59,091	393,938	17,665,483	14,371,412
State	21,565,290	58,367,744	0	8,103	16,682,928	12,977,474
Local	1,836,785	8,407,838	59,091	385,835	982,555	1,393,938
Georgia	3,828,652	39,020,095	0	32,992	6,185,920	1,391,767
State	2,920,705	35,969,011	0	0	6,140,967	1,014,314
Local	907,947	3,051,084	0	32,992	44,953	377,453
Hawaii	2,724,554	4,747,508	0	0	2,378,660	1,457,143
State	2,724,554	4,747,508	0	0	2,378,660	1,457,143
Local	0	0	0	0	0	0
Idaho	2,430,407	4,600,849	275,114	3,484	2,647,850	44,842
State	2,422,467	4,598,379	275,114	0	2,647,850	44,842
Local	7,940	2,470	0	3,484	0	0
Illinois	24,631,287	52,871,466	7,022	2,053,270	19,724,117	17,375,469
State	20,143,642	34,055,237	0	742,059	14,117,123	13,973,118
Local	4,487,645	18,816,229	7,022	1,311,211	5,606,994	3,402,351
Indiana	3,232,394	11,492,538	0	24,995	1,312,840	9,540,771
State	3,207,971	11,395,530	0	0	1,283,963	9,515,795
Local	24,423	97,008	0	24,995	28,877	24,976
Iowa	6,792,540	2,036,345	0	42,053	3,189,213	8,137,372
State	6,792,398	2,032,942	0	0	3,189,081	8,137,372
Local	142	3,403	0	42,053	132	0
Kansas	2,829,333	4,931,246	0	0	3,909,173	2,738,889
State	2,704,945	4,579,215	0	0	3,702,498	2,515,978
Local	124,388	352,031	0	0	206,675	222,911
Kentucky	5,273,022	19,469,693	1,480,318	1,762	58,793	2,578,667
State	5,210,806	19,215,803	1,480,318	0	0	2,534,699
Local	62,216	253,890	0	1,762	58,793	43,968
Louisiana	4,771,519	14,487,440	20,284	1,118,881	7,885,632	3,419,252
State	4,406,081	13,482,828	0	1,038,468	7,611,876	3,257,716
Local	365,438	1,004,612	20,284	80,413	273,756	161,536
Maine	466,824	2,921,409	0	4,049,825	14,521	3,017,658
State	466,824	2,921,409	0	4,049,825	14,521	3,017,658
Local	0	0	0	0	0	0
Maryland	5,665,530	10,838,596	0	101,748	5,741,643	23,169,171
State	4,599,169	5,803,001	0	0	4,210,695	21,347,255
Local	1,066,361	5,035,595	0	101,748	1,530,948	1,821,916
Massachusetts	2,371,627	7,221,991	0	24,987,634	2,621,089	26,654,602
State	410,269	1,123,945	0	24,439,302	474,995	24,661,383
Local	1,961,358	6,098,046	0	548,332	2,146,094	1,993,219
Michigan	15,046,649	42,095,116	320,399	472,730	9,774,182	15,606,323
State	11,952,662	32,237,290	0	0	8,025,572	13,163,224
Local	3,093,987	9,857,826	320,399	472,730	1,748,610	2,443,099
Minnesota	4,525,818	9,471,193	140	21,645,250	3,520,304	640,443
State	3,704,726	8,275,515	0	21,624,611	2,708,265	228,380
Local	821,092	1,195,678	140	20,639	812,039	412,063
Mississippi	8,582,268	11,157,521	0	0	5,038,559	0
State	8,582,268	11,157,521	0	0	5,038,559	0
Local	0	0	0	0	0	0
Missouri	11,310,806	19,905,234	21,953	351,142	12,411,137	2,241,180
State	10,682,968	17,084,132	0	6,476	11,510,294	1,406,862
Local	627,838	2,821,102	21,953	344,666	900,843	834,318
Montana	766,017	3,463,964	68,261	241,011	634,579	0
State	766,017	3,463,964	68,261	241,011	634,579	0
Local	0	0	0	0	0	0
Nebraska	903,941	2,411,030	779,078	5,153,527	482,709	498,422
State	483,062	1,096,045	779,078	5,151,500	46,323	423,129
Local	420,879	1,314,985	0	2,027	436,386	75,293
Nevada	1,651,161	10,478,510	11	102,983	4,856,591	718,432
State	1,651,161	10,478,510	11	102,983	4,856,591	718,432
Local	0	0	0	0	0	0
New Hampshire	1,391,640	2,613,676	0	0	1,142,357	803,506
State	1,365,010	2,517,964	0	0	1,142,357	792,666
Local	26,630	95,712	0	0	0	10,840
New Jersey	21,571,272	18,931,918	43,867	27,345	13,108,606	11,278,164
State	21,557,754	18,866,161	43,867	27,345	13,108,606	11,257,449
Local	13,518	65,757	0	0	0	20,715
New Mexico	4,168,602	9,660,329	0	0	5,610,210	351,302
State	4,168,602	9,660,329	0	0	5,610,210	351,302
Local	0	0	0	0	0	0
New York	41,744,831	200,955,889	4,958,683	520,691	43,946,139	26,588,568
State	17,929,546	132,302,256	4,878,257	0	28,764,394	13,387,800
Local	23,815,285	68,653,633	80,426	520,691	15,181,745	13,200,768
North Carolina	14,884,765	30,334,991	0	27,563	12,985,038	397,661
State	14,871,865	30,131,319	0	0	12,913,846	359,661
Local	12,900	203,672	0	27,563	71,192	38,000
North Dakota	755,314	1,176,533	0	79,526	773,553	683,159
State	728,073	1,118,504	0	0	767,408	647,608
Local	27,241	58,029	0	79,526	6,145	35,551
Ohio	24,646,046	68,054,488	0	0	36,482,955	1,774,878
State	24,546,046	66,675,891	0	0	36,028,892	1,756,878
Local	100,000	1,378,597	0	0	454,063	18,000
Oklahoma	3,366,910	8,433,075	0	2,018,516	3,902,396	3,029,098
State	3,236,204	7,953,194	0	2,018,516	3,731,582	2,913,264
Local	130,706	479,881	0	0	170,814	115,834
Oregon	5,899,358	10,799,708	915	0	14,431,592	13,646,146
State	5,899,358	10,799,708	915	0	14,431,592	13,646,146
Local	0	0	0	0	0	0
Pennsylvania	9,593,956	36,064,175	34,373	732,558	28,271,429	5,813,460
State	8,185,276	29,675,423	10,777	0	27,834,812	4,007,669
Local	1,408,680	6,388,752	23,596	732,558	436,617	1,805,791
Rhode Island	761,940	4,004,849	0	31,256	1,759,121	2,044,154
State	576,196	3,508,947	0	0	1,706,618	1,889,453
Local	185,744	495,902	0	31,256	52,503	154,701
South Carolina	4,194,290	6,166,024	0	8,276,926	0	5,084,264
State	4,185,454	6,136,523	0	8,276,926	0	5,082,180
Local	8,836	29,501	0	0	0	2,084
South Dakota	558,536	3,695,221	0	24,032	1,595,182	47,394
State	516,113	3,520,462	0	0	1,595,182	4,275
Local	42,423	174,759	0	24,032	0	43,119
Tennessee	6,000,481	14,955,041	15,060	28,571	6,520,097	457,880
State	5,032,377	10,703,839	0	0	5,851,706	0
Local	968,104	4,251,202	15,060	28,571	668,391	457,880
Texas	23,042,126	76,356,612	0	844,385	33,426,853	32,776,676
State	20,370,122	68,560,785	0	0	29,245,410	30,467,410
Local	2,672,004	7,795,827	0	844,385	4,181,443	2,309,266
Utah	704,684	6,413,229	6,848	0	4,341,605	1,872,702
State	704,684	6,413,229	6,848	0	4,341,605	1,872,702
Local	0	0	0	0	0	0
Vermont	519,009	1,549,910	0	0	115,522	347,943
State	501,869	1,488,150	0	0	92,203	345,581
Local	17,140	61,760	0	0	23,319	2,362
Virginia	12,969,632	16,278,959	5,087	1,673,911	1,407,777	18,994,617
State	10,937,072	11,916,499	0	0	0	17,321,149
Local	2,032,560	4,362,460	5,087	1,673,911	1,407,777	1,673,468
Washington	8,783,940	15,270,480	0	0	14,742,196	415,784
State	8,532,493	14,043,523	0	0	14,309,330	31,766
Local	251,447	1,226,957	0	0	432,866	384,018
West Virginia	18,808	2,047,912	0	27,828	1,025,178	1,047,659
State	0	1,968,440	0	0	1,025,178	1,042,653
Local	18,808	79,472	0	27,828	0	5,006
Wisconsin	4,078,708	10,185,735	300,093	0	13,137,008	52,164,871
State	3,219,777	8,980,296	300,093	0	11,675,482	49,641,414
Local	858,931	1,205,439	0	0	1,461,526	2,523,457
Wyoming	728,460	3,936,746	0	0	0	537,863
State	728,460	3,936,746	0	0	0	537,863
Local	0	0	0	0	0	0

Created: December 9, 2008

Last Revised: December 31, 2008