Table 4. Cash and Investment Holdings of State Public

Employee Retirement Systems by State:Fiscal Year 2008United States 2,670,483,906 66,321,984 9,116,712 57,205,272 2,237,097,553 119,174,614 77,127,493 1,252,581 431,406,612 951,034,623 9,476,389 58,585,393 396,971,226 Alabama 28,834,102 681,393 14,590 666,803 25,929,697 739,899                ‐ 61,729 6,570,137             ‐ 12,257,312                     ‐ 3,617,733 Alaska 15,588,674 73,350 20,299 53,051 11,173,997 63,838 1,709,478 621 2,017,646               ‐ 4,801,564                     ‐ 1,978,810 Arizona 34,862,078 1,724,390 26,756 1,697,634 32,041,444 221,493              ‐ 165,839 7,561,777             ‐ 20,533,067                     ‐                    ‐ Arkansas 18,616,948 590,920 266,036 324,884 16,457,561 403,873 473,605 9,164 3,649,852 6,668,829 26,595 250,213           

4,975,430 

California 475,217,250 7,958,964 619,080 7,339,884 378,168,100 10,916,720 8,345,300 12,720 77,551,560 157,966,112          ‐ 2,973,368 100,298,892 Colorado 45,259,394 662,104 7,722 654,382 37,457,691 2,336,915 719,665 43,177 7,595,393 19,182,364                 ‐ 8,314 7,131,637 Connecticut 26,854,534 422,760 6,013 416,747          ‐ 26,431,774                       ‐                       ‐ 8,043,675             ‐ 10,699,345                     ‐ 4,542,271 Delaware 6,342,495 345,755                  ‐ 345,755            ‐ 5,140,112                       ‐                       ‐ 612,325               ‐ 3,263,551                     ‐           

1,264,236 

Florida 130,349,841 1,682,311 356,482 1,325,829 115,547,151 3,336,800 12,128,212 153 27,723,982             ‐ 42,850,732 3,067 22,899,402 Georgia 66,197,619 1,061,888 19,686 1,042,202 65,065,222 17,532,324           ‐ 2,283,748 5,741,781             ‐ 38,151,398 248,022 95,183 Hawaii 11,459,672 692,391 41,773 650,618 9,414,439              ‐ 379,139                       ‐ 2,005,752 3,016,835                 ‐ 2,238 2,747,653 Idaho 10,334,121 690,411 4,093 686,318            ‐ 8,945,357                       ‐                       ‐ 2,843,701 3,370,821             ‐ 321,944 2,369,881 Illinois 88,313,621 2,134,266 240,681 1,893,585 74,182,488 1,890,034 438,118 28,296 20,064,786             ‐ 32,259,238 1,260,065 16,707,732 Indiana 23,848,466 1,004,913 201,225 803,688 21,158,170 839,031 264,726 652 5,380,719             ‐ 10,070,500                     ‐ 1,252,027 Iowa 25,614,618 1,261,013 8,793 1,252,220 19,031,756 376,877 308,032 466 6,767,357               ‐ 1,770,214                     ‐ 2,734,256 Kansas 13,527,064 487,545 243,794 243,751 11,649,375 1,448,517                ‐ 82,104 3,043,628               ‐ 3,909,806                     ‐           

3,165,320 

Kentucky 30,742,190 767,584 9,911 757,673 29,315,963 924,161 1,148,415 329,621 5,354,232 17,715,725             ‐ 805,092 1,328,489 Louisiana 34,990,528 1,840,959 282,181 1,558,778 26,931,525 136,737 312,624 13,633 4,741,953             ‐ 10,957,613 478,409 7,002,198 Maine 10,603,783 565,557 14,658 550,899 10,005,525 3,381,756 55,017 2,393 755,500 1,433,876                     ‐ 359 589,429 Maryland 38,034,804 1,863,643 201,903 1,661,740 33,001,202 994,075 85,941 14,874 3,238,676               ‐ 4,665,424                     ‐ 4,258,655 Massachusetts 51,089,422 278,004                  ‐ 278,004 50,099,315 60,744                ‐ 30,326 429,154                  ‐ 838,641 22,419,419 489,383 Michigan 69,531,310 1,172,008 755,093 416,915          ‐ 62,244,756                       ‐                       ‐ 10,450,870             ‐ 30,401,869                     ‐ 4,619,786 Minnesota 48,047,179 165,964 50,081 115,883          ‐ 36,455,621                       ‐                       ‐ 3,701,033               ‐ 7,162,409 19,839,520 2,408,365 Mississippi 25,220,621 521,109 251,109 270,000 23,778,365 920,370 612,156 40,363 8,440,326               ‐ 9,144,227                     ‐           

4,620,923 

Missouri 45,947,323 1,810,386 55,594 1,754,792 34,780,535 7,737,646 186,605 8,525 3,445,390 12,488,705 734 187,977 8,570,506 Montana 7,909,594 362,327 56,274 306,053 4,478,552 32,222                ‐ 25,835 702,262 3,085,842               ‐ 58,958 561,648 Nebraska 7,660,371 125,576 4,713 120,863 7,270,289 25,238 56,919 2,544 420,528 947,559 710,694 4,725,992 42,021 Nevada 22,391,660 730,452 377,388 353,064 19,937,076 995,299           ‐ 2,654,404 1,591,537 8,439,266 9 51,876 5,049,375 New Hampshire 5,918,841 109,665 2,816 106,849            ‐ 5,257,577                       ‐                       ‐ 1,480,212               ‐ 2,175,841                     ‐ 1,095,916 New Jersey 76,004,559 1,254,224 7,002 1,247,222 64,963,069 25,191                ‐ 40,589 21,041,974 19,697,088               ‐ 46,130 17,325,029 New Mexico 23,821,743 598,037 369,275 228,762 19,753,687 301,131           ‐ 2,167,649 2,093,469               ‐ 7,800,648 727,717 5,249,805 New York 249,034,195          ‐ 6,972,426 6,972,426 210,930,200 30,831,002              ‐ 203,030 21,748,831 115,488,093          ‐ 4,381,116 38,129,223 North Carolina 77,215,987 367,255 162,829 204,426          ‐ 69,616,147         ‐ 10,088,983 16,484,915             ‐ 42,939,124            ‐ 103,125                       North Dakota 3,551,665 39,136 11,156 27,980 2,722,051 19,288 857 835 620,573               ‐ 1,023,318                     ‐ 689,870 Ohio 161,175,870 6,131,610 123,210 6,008,400 132,707,266 4,974,721           ‐ 4,755,295 25,668,539             ‐ 59,854,531 49,023 35,818,917 Oklahoma 21,830,380 599,401 66,699 532,702 20,311,976 2,611,751 122,962 10,059 3,322,679             ‐ 10,037,410                     ‐ 2,295,380 Oregon 58,360,627 564,767 87,556 477,211 42,570,972 853,171           ‐ 2,490,543 6,298,351               ‐ 7,256,241                     ‐ 13,359,526 Pennsylvania 101,067,915          ‐ 8,064,330 8,064,330 60,934,043 3,753,486              ‐ 122,560 12,171,035 10,856,752                 ‐ 4,988 21,923,411 Rhode Island 8,942,958 6,867 3,337 3,530 7,862,380 601,359              ‐ 643,207 522,078               ‐ 3,113,073                     ‐ 1,442,381 South Carolina 30,207,551 1,832,117 1,730,562 101,555 28,375,434 458,351           ‐ 2,417,286 3,282,419               ‐ 6,167,650 8,240,968 4,014,817 South Dakota 7,429,021 375,356 7,066 368,290 5,382,524 663,417                ‐ 63,902 828,929               ‐ 2,803,673                     ‐ 1,016,258 Tennessee 31,782,851 645,674 358,322 287,352 29,807,006 2,599,242              ‐ 489,958 9,944,049             ‐ 10,937,097                     ‐           

5,836,660 

Texas 165,691,575 3,512,998 962,869 2,550,129 151,011,420 14,495,826 17,236,127 734,485 23,401,782             ‐ 67,797,944                     ‐         

27,345,256 

Utah 22,980,629 1,514,101 1,213 1,512,888 14,352,645 536,246           ‐ 3,104,624 1,146,157 5,974,362                 ‐ 6,845           

3,584,411 

Vermont 3,091,673 6,992                       ‐ 6,992 3,073,552                          ‐ 6                       ‐                  ‐                              ‐ 1                     ‐                    ‐ Virginia 53,141,843 562,728 119,681 443,047          ‐ 45,723,115                       ‐                       ‐ 14,967,663             ‐ 17,765,139                     ‐                    ‐ Washington 62,203,108 1,293,696 324,566 969,130          ‐ 39,247,634                ‐ 11,253 12,679,912             ‐ 22,730,400                     ‐                    ‐ West Virginia 7,994,845 7,370                       ‐ 7,370 7,987,475 452,920              ‐ 166,788                  ‐               ‐ 4,844,642                     ‐           

2,523,125 

Wisconsin            ‐ 78,770,783                      ‐                           ‐          ‐ 72,133,383                       ‐                       ‐ 22,314,673 49,689,705             ‐ 129,005                    ‐                       Wyoming 6,876,005 185,291 4,504 180,787 6,280,939 303,798              ‐ 853,082 942,840               ‐ 4,029,047                     ‐                    ‐ Data Created: February 25, 2011Data Last Revised: April 22, 2011

Total cash and 

short-term 

investments

Cash and demand 

deposits

Time, savings 

deposits and 

nonfederal shortterm investments United States Treasury

Foreign and 

international 

securities

State and 

local 

government Corporate bonds Corporate stocks Mortgages

Source: 2008 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. 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, and response rates may be found at http://www.census.gov/govs/retire/how_data_collected.html.

 (Thousand dollars)  State 

Total cash and 

investment 

holdings

Cash and short-term investments

Securities

Total securities

Governmental Nongovernmental

Funds held in 

Federal agency trust