The U.S. Census Bureau

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

Fiscal Year: 1995-1996

Data are in thousands of dollars
      Receipts Percent of Receipts
Total Receipts 190,456,763 100.00%
                 
Employee Contributions 19,372,415 10.17%
Government Contributions 41,522,538 21.80%
     State Contributions 17,294,964 9.08%
     Local Contributions 24,227,574 12.72%
Earnings on investments 1 129,561,810 68.03%
      Payments Percent of Payments
Total Payments 71,000,086 100.00%
                 
Benefits 64,762,365 91.21%
Withdrawals 3,343,662 4.71%
Other payments 2,894,059 4.08%
      Cash and Investment Holdings Percent of Cash and Investments
Total cash and investment holdings 1,273,198,740 100.00%
                 
Cash and short term investments 66,103,825 5.19%
                 
Total securities 1,128,010,944 88.60%
     Government securities 262,968,509 20.65%
          Federal Government 261,710,180 20.56%
               United States Treasury 200,210,131 15.72%
               Federal agency 61,500,049 4.83%
          State and local government 1,258,329 0.10%
                 
     Nongovernmental 865,042,435 67.94%
          Corporate bonds 207,169,990 16.27%
          Corporate stocks 444,010,005 34.87%
          Mortgages 24,599,051 1.93%
          Foreign and international 0 0.00%
          Other nongovernmental 189,263,389 14.87%
                 
Other investments 79,083,971 6.21%
     Real property 29,117,575 2.29%
     Miscellaneous investments 49,966,396 3.92%
 
Source: U.S. Census Bureau, Governments Division

Created: September 07,2001
Last revised: March 31 2004