Table 1.  Cash and Security Holdings of Major Public Employee - Retirement Systems:
          Quarter Ending December 31, 2008 and Prior Periods 

          Dollar amounts in millions.
          Because of rounding, detail may not add to totals.
          r Revised from previously published amounts.


                                                        Federal                          State/Local
                                 Corporate  Corporate  Government   Int.                 Government Cash and    Other
Date                   Total       Stocks     Bonds    Securities Securities  Mortgages  Securities Deposits    Securities

Dec 31, 2008         2,230,437     689,945    413,083    154,716    293,344      9,586      2,134     81,653    585,975
Sept 30, 2008r       2,576,394     856,745    439,173    160,138    384,438     10,931      2,116     72,370    650,482
June 30, 2008r       2,815,596     922,024    472,483    170,117    472,380     11,513      1,421     84,467    681,192
March 31, 2008r      2,811,387     937,282    480,977    176,792    437,908     16,993      2,336     87,329    671,770

Dec 31, 2007         2,928,889   1,017,828    498,544    180,573    465,287     17,853      2,125     77,734    668,947
Sept 30, 2007        2,919,193   1,066,283    428,225    196,684    466,706     12,565      1,951     79,643    667,137
June 30, 2007r       2,920,022   1,101,555    441,604    200,008    453,341     11,554      2,145     98,091    611,725
March 31, 2007r      2,723,973   1,033,320    416,676    184,017    410,505     11,419      2,474     86,119    579,443

Dec 31, 2006r        2,692,702   1,018,633    391,746    205,528    405,649     11,551      2,242     85,119    572,234
Sept 30, 2006r       2,600,592     975,047    385,057    207,212    403,178     14,147      2,434     78,493    535,026
June 30, 2006        2,539,251     960,606    373,216    206,804    396,918     13,498      2,325     73,062    512,822
March 31, 2006       2,588,809     988,291    370,743    202,531    399,708     13,568      2,291     74,317    537,362

Dec 31, 2005         2,440,256     912,188    407,241    207,633    336,840     14,222      2,472     76,366    483,292
Sept 30, 2005        2,395,478     895,840    421,536    193,659    331,815     13,347      2,005     65,302    471,975
June 30, 2005        2,383,436     893,526    405,102    202,911    318,306     18,547      1,393     72,201    471,450
March 31, 2005       2,375,427     893,871    411,923    207,716    321,151     18,158        940     71,420    450,248

Dec 31, 2004         2,381,330     907,942    408,475    200,109    315,953     20,623        331     75,955    451,943
Sept 30, 2004        2,057,899     787,547    289,442    197,040    257,864     20,647        318     92,178    412,863
June 30, 2004        2,137,450     816,043    299,049    195,588    266,367     23,955      1,039     89,150    446,260
March 31, 2004       2,068,550     796,104    307,915    199,355    243,495     19,130      1,282    103,465    397,804

Dec 31, 2003         2,061,067     814,755    320,300    189,214    247,512     19,682      1,031     80,894    387,680
Sept 30, 2003        1,952,754     776,892    318,388    187,509    231,226     23,938      1,432     61,747    351,622
June 30, 2003        1,913,369     747,355    325,627    199,852    223,830     19,993        501     63,403    332,810
March 31, 2003       1,865,396     715,679    308,785    184,464    220,243     17,896        642     96,274    321,413

Source: U.S. Census Bureau, Governments Division        
Created: April 22, 2009