The U.S. Census Bureau

Table 4. Cash and Investment Holdings of State and Local Government Employee-Retirement Systems by State and Level of Government

Fiscal Year: 1992-1993

Data are in thousands of dollars
State and Local Government Total Cash and Deposits Securities Total Other Investments
Total Cash and Demand Deposits Time, Savings Deposits and Nonfederal Short_Term Investments Total Governmental Nongovernmental
United States Treasury Federal Agency State and Local Government Corporate Bonds Corporate Stocks Mortgages Funds Held in Trust Other
United States 920,571,814 66,192,708 6,018,456 60,174,252 774,314,992 164,960,892 37,962,584 529,452 174,446,987 301,315,623 19,458,912 28,682,820 47,487,174 68,813,123
     State 741,741,645 48,855,709 4,185,301 44,670,408 621,807,472 137,916,240 31,445,827 93,532 140,033,039 234,935,259 18,500,499 22,324,312 36,652,296 60,262,351
     Local 178,830,169 17,336,999 1,833,155 15,503,844 152,507,520 27,044,652 6,516,757 435,920 34,413,948 66,380,364 958,413 6,358,508 10,834,878 8,550,772
Alabama 11,823,629 1,664,539 17,419 1,647,120 10,092,708 514,612 5,557 0 5,150,904 2,209,136 2,208,613 0 3,886 66,381
     State 10,986,404 1,547,277 7,648 1,539,629 9,372,746 177,577 0 0 4,956,248 2,031,381 2,207,540 0 0 66,381
     Local 837,225 117,262 9,771 107,491 719,962 337,035 5,557 0 194,656 177,755 1,073 0 3,886 0
Alaska 6,095,907 199,340 1,252 198,088 5,703,277 1,598,718 85,586 0 1,240,215 2,279,434 19,650 0 479,674 193,289
     State 5,841,020 180,341 0 180,341 5,479,536 1,543,273 85,586 0 1,200,517 2,165,763 15,181 0 469,216 181,143
     Local 254,887 18,999 1,252 17,747 223,741 55,445 0 0 39,698 113,671 4,469 0 10,458 12,146
Arizona 12,974,566 1,168,972 1,066 1,167,906 11,743,094 3,903,489 343,680 0 1,176,897 5,550,782 222,340 37,382 508,524 62,502
     State 11,758,416 1,115,102 918 1,114,184 10,620,033 3,624,127 343,680 0 877,823 5,077,880 222,340 0 474,183 23,282
     Local 1,216,150 53,870 148 53,722 1,123,061 279,362 0 0 299,074 472,902 0 37,382 34,341 39,220
Arkansas 5,412,022 606,918 24,201 582,717 4,790,227 1,148,210 209,617 12,574 1,045,358 2,233,796 140,013 6,468 6,765 2,302
     State 5,247,252 576,787 21,256 555,531 4,656,221 1,113,019 201,009 12,574 1,009,072 2,189,983 140,013 3,125 0 1,668
     Local 164,770 30,131 2,945 27,186 134,006 35,191 8,608 0 36,286 43,813 0 3,343 6,765 634
California 168,062,846 10,251,915 473,399 9,778,516 135,413,948 29,773,192 4,075,913 155,118 29,634,028 57,254,465 5,867,143 630,549 8,178,658 11,406,672
     State 123,838,874 6,009,996 155,595 5,854,401 98,315,290 22,251,494 2,764,994 0 20,389,758 41,986,176 5,685,728 499,356 4,737,784 8,678,394
     Local 44,223,972 4,241,919 317,804 3,924,115 37,098,658 7,521,698 1,310,919 155,118 9,244,270 15,268,289 181,415 131,193 3,440,874 2,728,278
Colorado 14,515,067 758,183 121,646 636,537 12,687,175 1,599,224 203,495 29,740 2,967,766 5,088,109 484,133 622,290 1,722,158 1,039,975
     State 12,276,645 547,639 94,080 453,559 10,756,155 1,234,828 53,107 29,740 2,420,460 4,493,419 417,710 551,120 1,585,511 943,111
     Local 2,238,422 210,544 27,566 182,978 1,931,020 364,396 150,388 0 547,306 594,690 66,423 71,170 136,647 96,864
Connecticut 11,089,818 800,008 83,260 716,748 9,879,452 1,003,151 65,828 18,271 2,097,239 2,895,081 67,672 1,097,742 2,652,739 392,042
     State 8,638,739 534,986 10,764 524,222 7,774,850 755,788 33,484 17,714 1,884,394 2,195,170 66,969 406,595 2,432,450 311,188
     Local 2,451,079 265,022 72,496 192,526 2,104,602 247,363 32,344 557 212,845 699,911 703 691,147 220,289 80,854
Delaware 2,236,158 173,435 12,757 160,678 1,759,312 279,631 0 12,891 407,578 885,421 0 36,570 150,112 290,520
     State 2,075,035 139,984 12,405 127,579 1,649,031 279,257 0 0 395,277 826,280 0 0 148,217 286,020
     Local 161,123 33,451 352 33,099 110,281 374 0 12,891 12,301 59,141 0 36,570 1,895 4,500
District of Columbia 2,136,629 0 0 0 0 0 0 0 0 0 0 0 0 2,136,629
     State 0 0 0 0 0 0 0 0 0 0 0 0 0 0
     Local 2,136,629 0 0 0 0 0 0 0 0 0 0 0 0 2,136,629
Florida 34,442,622 2,733,507 75,853 2,657,654 30,290,278 4,094,848 328,027 7,514 5,876,391 17,045,115 12 445,846 2,500,039 1,411,330
     State 29,138,634 2,334,935 1,190 2,333,745 25,464,401 2,979,533 173,082 0 5,057,337 14,934,275 0 0 2,320,174 1,339,298
     Local 5,303,988 398,572 74,663 323,909 4,825,877 1,115,315 154,945 7,514 819,054 2,110,840 12 445,846 179,865 72,032
Georgia 19,101,627 790,951 63,302 727,649 18,282,826 6,683,565 27,611 0 2,765,606 8,422,822 13,399 46,405 323,418 27,850
     State 17,491,921 675,734 27,773 647,961 16,789,310 5,957,685 22,882 0 2,486,471 7,966,778 12,534 21,862 321,098 26,875
     Local 1,609,706 115,217 35,529 79,688 1,493,516 725,880 4,729 0 279,135 456,044 865 24,543 2,320 975
Hawaii 5,036,156 458,877 20,032 438,845 4,054,650 396,228 0 0 966,112 1,500,566 342,361 9,784 839,599 522,629
     State 5,036,156 458,877 20,032 438,845 4,054,650 396,228 0 0 966,112 1,500,566 342,361 9,784 839,599 522,629
     Local 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Idaho 2,190,558 133,657 333 133,324 1,878,661 585,944 0 0 2,195 869,051 131,316 0 290,155 178,241
     State 2,182,423 129,454 173 129,281 1,874,728 585,079 0 0 0 869,051 131,316 0 289,282 178,241
     Local 8,135 4,203 160 4,043 3,933 865 0 0 2,195 0 0 0 873 0
Illinois 42,889,924 5,080,522 237,919 4,842,603 33,517,828 5,512,071 1,610,512 12,078 8,664,628 14,068,658 126,293 51,188 3,484,478 4,279,810
     State 24,442,897 1,461,810 26,917 1,434,893 19,418,162 1,218,137 830,034 0 5,803,407 8,429,363 57,746 0 3,079,475 3,562,926
     Local 18,447,027 3,618,712 211,002 3,407,710 14,099,666 4,293,934 780,478 12,078 2,861,221 5,639,295 68,547 51,188 405,003 716,884
Indiana 7,909,641 297,329 30,577 266,752 7,611,912 3,050,651 1,769,482 0 2,718,925 0 529 1,377 70,948 403
     State 7,805,566 273,354 16,042 257,312 7,531,953 3,016,288 1,763,671 0 2,680,517 0 529 0 70,948 260
     Local 104,075 23,975 14,535 9,440 79,959 34,363 5,811 0 38,408 0 0 1,377 0 143
Iowa 6,484,147 137,040 3,271 133,769 5,380,027 163,961 11,169 0 2,196,698 1,471,987 11,500 0 1,524,712 967,080
     State 6,484,147 137,040 3,271 133,769 5,380,027 163,961 11,169 0 2,196,698 1,471,987 11,500 0 1,524,712 967,080
     Local 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Kansas 4,246,029 86,530 1,251 85,279 3,711,372 198,496 463,132 0 899,997 1,694,515 0 37,738 417,494 448,126
     State 3,741,428 51,768 330 51,438 3,243,429 96,757 451,017 0 814,950 1,467,880 0 33,691 379,134 446,230
     Local 504,601 34,762 921 33,841 467,943 101,739 12,115 0 85,047 226,635 0 4,047 38,360 1,896
Kentucky 9,499,690 1,165,182 2,675 1,162,507 7,942,299 2,089,750 68,267 0 1,570,062 3,953,766 250,113 9,357 984 392,213
     State 9,332,586 1,155,953 486 1,155,467 7,784,433 2,063,125 52,848 0 1,521,518 3,896,829 250,113 0 0 392,200
     Local 167,104 9,229 2,189 7,040 157,866 26,625 15,419 0 48,544 56,937 0 9,357 984 13
Louisiana 11,265,735 1,210,310 294,108 916,202 9,928,854 2,730,756 517,799 1,627 1,932,554 3,373,242 188 42,541 1,331,774 124,946
     State 10,349,349 1,111,919 287,953 823,966 9,111,757 2,394,541 420,334 728 1,756,102 3,193,318 188 20,522 1,326,752 124,946
     Local 916,386 98,391 6,155 92,236 817,097 336,215 97,465 899 176,452 179,924 0 22,019 5,022 0
Maine 2,306,026 180,077 37,137 142,940 2,069,227 136,133 0 0 81,680 1,030,076 0 0 821,338 56,722
     State 2,306,026 180,077 37,137 142,940 2,069,227 136,133 0 0 81,680 1,030,076 0 0 821,338 56,722
     Local 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Maryland 17,749,193 366,982 1,813 365,169 2,238,913 114,910 33,134 174,795 271,637 934,082 5,620 152,685 726,845 14,968,504
     State 14,056,500 287,579 44 287,535 0 0 0 0 0 0 0 0 0 13,768,921
     Local 3,692,693 79,403 1,769 77,634 2,238,913 114,910 33,134 174,795 271,637 934,082 5,620 152,685 726,845 1,199,583
Massachusetts 13,853,875 669,437 424,828 244,609 9,013,805 726,713 182,050 1,934 2,374,854 2,970,207 598 1,639,067 1,120,316 4,168,700
     State 8,451,219 93,302 71,529 21,773 4,413,001 51,244 10,646 1,228 1,260,170 990,913 0 1,546,411 553,617 3,943,687
     Local 5,402,656 576,135 353,299 222,836 4,600,804 675,469 171,404 706 1,114,684 1,979,294 598 92,656 566,699 225,013
Michigan 31,616,109 5,137,517 392,823 4,744,694 24,156,839 5,071,477 246,240 17,701 5,592,948 11,426,373 1,309,188 321,715 188,898 2,304,054
     State 21,281,346 4,156,957 266,950 3,890,007 15,132,008 3,455,067 0 0 3,310,937 7,508,537 813,671 0 43,796 1,992,380
     Local 10,334,763 980,560 125,873 854,687 9,024,831 1,616,410 246,240 17,701 2,282,011 3,917,836 495,517 321,715 145,102 311,674
Minnesota 18,702,864 560,571 67,825 492,746 14,876,873 530,719 226,129 1,880 740,706 1,513,538 50,499 11,792,677 22,605 3,263,532
     State 16,039,613 237,996 2,556 235,440 12,664,731 292,298 3,008 0 237,043 460,774 0 11,671,608 0 3,136,884
     Local 2,663,251 322,575 65,269 257,306 2,212,142 238,421 223,121 1,880 503,663 1,052,764 50,499 121,069 22,605 126,648
Mississippi 117,497 19,446 843 18,603 96,898 46,474 0 1,093 14,101 32,486 0 0 3,837 59
     State 117,497 19,446 843 18,603 96,898 46,474 0 1,093 14,101 32,486 0 0 3,837 59
     Local 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Missouri 15,157,591 890,033 40,000 850,033 14,050,509 1,658,160 1,034,472 4,925 6,425,807 4,626,327 29,411 60,113 216,219 211,943
     State 12,344,235 635,620 1,431 634,189 11,563,069 1,036,452 922,502 4,925 5,833,049 3,584,642 20,974 20,058 145,392 140,621
     Local 2,813,356 254,413 38,569 215,844 2,487,440 621,708 111,970 0 592,758 1,041,685 8,437 40,055 70,827 71,322
Montana 2,181,531 52,956 2,700 50,256 2,010,188 83,722 0 0 1,194,523 428,395 110,674 192,874 0 118,386
     State 2,180,916 52,341 2,589 49,752 2,010,188 83,722 0 0 1,194,523 428,395 110,674 192,874 0 118,386
     Local 615 615 111 504 0 0 0 0 0 0 0 0 0 0
Nebraska 3,593,718 152,750 17,104 135,646 2,362,315 427,395 295,550 0 472,566 925,662 0 103,592 137,550 1,191,278
     State 2,471,703 75,737 15,906 59,831 1,335,416 197,094 275,695 0 250,463 475,135 0 0 137,029 1,173,174
     Local 1,122,015 77,013 1,198 75,815 1,026,899 230,301 19,855 0 222,103 450,527 0 103,592 521 18,104
Nevada 4,909,179 276,253 14 276,239 4,243,691 1,260,570 147,955 0 659,810 913,108 0 15,139 1,247,109 389,236
     State 4,894,012 276,225 14 276,211 4,228,552 1,260,570 147,955 0 659,810 913,108 0 0 1,247,109 389,236
     Local 15,167 28 0 28 15,139 0 0 0 0 0 0 15,139 0 0
New Hampshire 7,122 456 0 456 6,666 3,990 0 0 1,897 88 0 0 691 0
     State 0 0 0 0 0 0 0 0 0 0 0 0 0 0
     Local 7,122 456 0 456 6,666 3,990 0 0 1,897 88 0 0 691 0
New Jersey 27,282,124 22,151 5,307 16,844 26,473,979 12,534 122,976 0 15,015,372 10,963,951 0 0 359,146 785,990
     State 27,216,179 1,582 1,582 0 26,431,485 0 120,486 0 15,008,379 10,943,474 0 0 359,146 783,108
     Local 65,945 20,569 3,725 16,844 42,494 12,534 2,490 0 6,993 20,477 0 0 0 2,882
New Mexico 5,600,442 391,510 379,635 11,875 5,208,931 1,420,579 619,191 0 1,470,127 1,694,468 4,566 0 0 0
     State 5,600,442 391,510 379,635 11,875 5,208,931 1,420,579 619,191 0 1,470,127 1,694,468 4,566 0 0 0
     Local 0 0 0 0 0 0 0 0 0 0 0 0 0 0
New York 122,504,335 5,125,285 42,165 5,083,120 112,468,861 22,309,641 3,013,595 0 22,783,037 53,135,516 4,059,423 1,425,398 5,742,251 4,910,191
     State 73,406,760 1,670,364 38,942 1,631,422 66,826,215 17,557,857 519,386 0 11,551,071 30,586,267 4,022,949 0 2,588,685 4,910,181
     Local 49,097,575 3,454,921 3,223 3,451,698 45,642,646 4,751,784 2,494,209 0 11,231,966 22,549,249 36,474 1,425,398 3,153,566 10
North Carolina 21,316,986 6,087,501 33,832 6,053,669 14,962,927 6,065,631 2,411 0 5,779,067 3,013,799 0 17,733 84,286 266,555
     State 21,177,677 6,078,804 33,152 6,045,652 14,832,637 6,052,254 0 0 5,757,119 2,952,343 0 10,202 60,719 266,232
     Local 139,309 8,697 680 8,017 130,290 13,377 2,411 0 21,948 61,456 0 7,531 23,567 323
North Dakota 1,232,231 45,572 10,948 34,624 1,171,977 161,429 16,775 0 118,584 205,029 223 581,406 88,531 14,679
     State 1,128,633 16,564 3,625 12,939 1,098,964 138,285 16,775 0 109,534 203,067 223 542,549 88,531 13,103
     Local 103,598 29,008 7,323 21,685 73,013 23,144 0 0 9,050 1,962 0 38,857 0 1,576
Ohio 57,686,802 5,268,967 59,078 5,209,889 49,846,025 23,492,366 3,081,416 1,895 6,264,356 15,971,863 58,382 0 977,642 2,569,914
     State 56,641,215 5,107,882 58,673 5,049,209 48,961,522 23,354,266 3,014,917 1,895 6,250,556 15,343,832 40,900 0 957,051 2,569,914
     Local 1,045,587 161,085 405 160,680 884,503 138,100 66,499 0 13,800 628,031 17,482 0 20,591 0
Oklahoma 6,137,798 794,025 154,034 639,991 5,219,814 877,699 844,227 485 772,919 2,688,396 12,204 6,040 18,329 123,476
     State 5,790,725 772,058 141,357 630,701 4,902,500 798,613 841,795 0 673,490 2,574,285 12,204 0 2,113 116,167
     Local 347,073 21,967 12,677 9,290 317,314 79,086 2,432 485 99,429 114,111 0 6,040 16,216 7,309
Oregon 8,653,315 900,884 587,042 313,842 6,092,055 1,417,647 101,238 0 1,240,068 1,223,785 540,245 0 1,569,072 1,660,377
     State 8,645,913 893,482 579,640 313,842 6,092,055 1,417,647 101,238 0 1,240,068 1,223,785 540,245 0 1,569,072 1,660,377
     Local 7,402 7,402 7,402 0 0 0 0 0 0 0 0 0 0 0
Pennsylvania 39,689,227 1,977,225 191,741 1,785,484 35,374,256 7,404,150 3,165,731 1,544 4,056,360 16,554,482 952,078 690,698 2,550,757 2,336,082
     State 35,263,386 1,294,619 2 1,294,617 31,787,296 6,529,145 2,970,543 0 3,613,370 15,031,194 951,447 372,959 2,318,638 2,181,472
     Local 4,425,841 682,606 191,739 490,867 3,586,960 875,005 195,188 1,544 442,990 1,523,288 631 317,739 232,119 154,610
Rhode Island 515,963 18,497 4,709 13,788 486,744 231,482 4,157 0 30,015 183,708 0 46 37,336 10,725
     State 302,647 3,554 1,954 1,600 299,093 179,440 0 0 0 119,653 0 0 0 0
     Local 213,316 14,943 2,755 12,188 187,651 52,042 4,157 0 30,015 64,055 0 46 37,336 10,725
South Carolina 14,126,901 2,981,866 159 2,981,707 11,133,997 4,575,516 4,047,520 0 2,446,445 64,516 0 0 0 11,038
     State 14,037,320 2,978,585 159 2,978,426 11,053,691 4,567,741 4,042,887 0 2,443,063 0 0 0 0 5,044
     Local 89,581 3,281 0 3,281 80,306 7,775 4,633 0 3,382 64,516 0 0 0 5,994
South Dakota 1,901,500 291,452 13 291,439 1,573,804 291,946 104,918 3,590 289,556 759,956 0 0 127,428 32,656
     State 1,811,815 287,382 0 287,382 1,491,779 274,254 102,853 0 278,515 738,037 0 0 98,120 32,656
     Local 89,685 4,070 13 4,057 82,025 17,692 2,065 3,590 11,041 21,919 0 0 29,308 0
Tennessee 11,454,862 258,921 135,947 122,974 11,163,182 439,947 2,685,868 300 3,343,625 3,388,892 6,079 439,134 859,637 32,461
     State 8,661,037 1,061 1,061 0 8,659,976 62,256 2,600,889 0 2,918,806 2,282,540 0 0 795,485 0
     Local 2,793,825 257,860 134,886 122,974 2,503,206 377,691 84,979 300 424,819 1,106,352 6,079 439,134 64,152 32,461
Texas 45,964,742 2,514,205 1,872,622 641,583 42,567,460 9,477,687 6,955,788 10,572 6,553,361 15,343,790 1,514,167 242,651 2,480,016 872,505
     State 40,127,918 1,975,597 1,825,699 149,898 37,656,347 8,825,229 6,911,586 0 5,646,857 13,002,518 1,502,603 0 1,767,554 495,976
     Local 5,836,824 538,608 46,923 491,685 4,911,113 652,458 44,202 10,572 906,504 2,341,272 11,564 242,651 712,462 376,529
Utah 4,593,987 206,639 108 206,531 3,842,892 760,590 278,226 0 486,989 2,297,793 19,294 0 0 544,459
     State 4,593,987 206,639 108 206,531 3,842,892 760,590 278,226 0 486,989 2,297,793 19,294 0 0 544,459
     Local 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Vermont 908,614 76,784 1,906 74,878 791,641 78,241 5,644 0 154,435 528,625 2,638 18,716 3,342 40,189
     State 863,988 74,351 1,721 72,630 749,697 72,270 5,625 0 142,695 509,117 1,656 18,334 0 39,939
     Local 44,626 2,433 185 2,248 41,944 5,971 19 0 11,740 19,508 982 382 3,342 250
Virginia 17,509,170 1,927,699 45,734 1,881,965 14,498,634 1,926,891 161,440 30,033 3,310,782 4,657,091 18,902 4,149,825 273,703 1,052,811
     State 13,856,950 1,580,609 17,499 1,563,110 11,262,699 1,426,411 0 0 2,729,009 2,973,604 17,884 4,115,791 0 1,013,642
     Local 3,652,220 347,090 28,235 318,855 3,235,935 500,480 161,440 30,033 581,773 1,683,487 1,018 34,034 273,703 39,169
Washington 17,195,454 1,001,063 33,054 968,009 13,554,331 4,613,816 60,240 1,025 1,841,700 997,085 572,195 2,287,471 3,181,824 2,639,038
     State 16,249,314 936,064 6,067 929,997 12,715,091 4,419,833 23,687 0 1,670,474 791,307 572,190 2,287,471 2,950,129 2,598,158
     Local 946,140 64,999 26,987 38,012 839,240 193,983 36,553 1,025 171,226 205,778 5 0 231,695 40,880
West Virginia 103,500 11,334 1,749 9,585 84,303 25,092 6,566 1 30,574 0 0 22,071 0 8,892
     State 0 0 0 0 0 0 0 0 0 0 0 0 0 0
     Local 103,500 11,334 1,749 9,585 84,303 25,092 6,566 1 30,574 0 0 22,071 0 8,892
Wisconsin 26,635,774 256,115 50 256,065 26,066,062 3,640,241 723,186 27,866 8,324,363 11,607,065 307,251 1,448,007 15,949 285,731
     State 23,634,666 118,173 0 118,173 23,232,877 3,308,853 709,040 23,635 7,799,440 11,108,293 307,251 0 0 259,981
     Local 3,001,108 137,942 50 137,892 2,833,185 331,388 14,146 4,231 524,923 498,772 0 1,448,007 15,949 25,750
Wyoming 1,950,611 11,320 9,215 2,105 1,939,293 351,007 10,266 0 991,570 439,525 0 525 146,400 0
     State 1,920,514 8,593 8,593 0 1,911,923 340,966 0 0 985,040 439,517 0 0 146,400 0
     Local 30,097 2,727 622 2,105 27,370 10,041 10,266 0 6,530 8 0 525 0 0
 
Source: U.S. Census Bureau, Governments Division

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