The U.S. Census Bureau

Table 1. National Summary of State and Local Government Employee-Retirement System Finances

Fiscal Year: 1999-2000

Data are in thousands of dollars
      Receipts Percent of Receipts
Total Receipts 297,049,657 100.00%
                 
Employee Contributions 24,994,468 8.41%
Government Contributions 40,155,114 13.52%
     State Contributions 17,546,723 5.91%
     Local Contributions 22,608,391 7.61%
Earnings on investments 1 231,900,075 78.07%
      Payments Percent of Payments
Total Payments 100,457,883 100.00%
                 
Benefits 91,274,292 90.86%
Withdrawals 4,431,876 4.41%
Other payments 4,751,715 4.73%
      Cash and Investment Holdings Percent of Cash and Investments
Total cash and investment holdings 2,168,643,033 100.00%
                 
Cash and short term investments 121,142,060 5.59%
                 
Total securities 1,873,843,223 86.41%
     Government securities 271,551,952 12.52%
          Federal Government 267,480,783 12.33%
               United States Treasury 189,459,820 8.74%
               Federal agency 78,020,963 3.60%
          State and local government 4,071,169 0.19%
                 
     Nongovernmental 1,602,291,271 73.88%
          Corporate bonds 342,679,425 15.80%
          Corporate stocks 787,748,623 36.32%
          Mortgages 21,288,457 0.98%
          Foreign and international 286,278,390 13.20%
          Other nongovernmental 164,296,376 7.58%
                 
Other investments 173,657,750 8.01%
     Real property 47,189,167 2.18%
     Miscellaneous investments 126,468,583 5.83%
 
Source: U.S. Census Bureau, Governments Division

Created: September 13,2001
Last revised: March 31 2004