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Table 2b.  Coefficient of Variation for Revenues of State and Local Government Employee-Retirement Systems by State and Level of Government:  Fiscal Year 2003-04
Revised January 2006
State and level of Total receipts Employee Government Contributions Earnings on
government contributions Total From state From local investments            
    government government  
United States 0.06% 0.08% 0.11% 0.06% 0.21% 0.06%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.37% 0.52% 0.56% 3.89% 0.54% 0.36%
Alabama 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Alaska 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Arizona 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Arkansas 0.05% 0.03% 0.15% 0.38% 0.13% 0.07%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 2.21% 2.07% 3.22% 5.90% 3.35% 3.55%
California 0.00% 0.00% 0.09% 0.00% 0.12% 0.02%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.01% 0.00% 0.24% 0.00% 0.24% 0.09%
Colorado 0.05% 0.02% 0.15% 0.36% 0.08% 0.06%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.47% 0.25% 1.09% 63.58% 0.42% 0.58%
Connecticut 0.24% 0.32% 0.19% 0.00% 1.22% 0.47%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.73% 2.11% 1.51% 7.77% 1.50% 1.05%
Delaware 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
District of Columbia 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Florida 0.33% 0.90% 1.02% 0.55% 1.34% 0.26%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 2.83% 1.52% 7.92% 6.10% 9.64% 2.41%
Georgia 0.04% 0.11% 0.03% 0.00% 0.10% 0.04%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.40% 1.55% 0.24% 0.00% 0.24% 0.37%
Hawaii 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Idaho 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Illinois 0.21% 0.20% 0.11% 0.06% 0.96% 0.37%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.88% 0.62% 1.29% 7.57% 1.50% 1.09%
Indiana 0.28% 0.04% 0.36% 0.45% 0.25% 0.42%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 7.54% 2.69% 3.35% 6.17% 1.16% 28.75%
Iowa 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Kansas 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Kentucky 0.00% 0.00% 0.02% 0.00% 0.10% 0.01%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.07% 0.12% 0.73% 0.00% 0.73% 0.24%
Louisiana 0.03% 0.00% 0.11% 0.00% 0.52% 0.03%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.24% 0.00% 1.98% 0.00% 2.01% 0.21%
Maine 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Maryland 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Massachusetts 0.31% 0.52% 1.17% 0.04% 2.50% 0.12%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 1.05% 1.85% 2.62% 0.44% 2.89% 0.43%
Michigan 0.16% 0.28% 0.91% 0.00% 1.03% 0.20%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.70% 1.62% 3.86% 0.00% 3.86% 0.86%
Minnesota 0.23% 0.00% 0.97% 1.18% 0.90% 0.15%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 1.86% 0.00% 4.70% 5.04% 4.58% 1.25%
Mississippi 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Missouri 0.16% 0.24% 0.61% 0.80% 0.76% 0.14%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 1.21% 2.13% 3.87% 71.19% 3.30% 1.11%
Montana 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Nebraska 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Nevada 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
New Hampshire 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
New Jersey 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
New Mexico 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
New York 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
North Carolina 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
North Dakota 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Ohio 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Oklahoma 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Oregon 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Pennsylvania 0.79% 0.38% 2.48% 4.71% 1.84% 0.77%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 5.78% 2.41% 5.08% 22.15% 2.76% 6.55%
Rhode Island 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
South Carolina 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
South Dakota 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Tennessee 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Texas 0.20% 0.06% 0.04% 0.00% 0.08% 0.30%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 1.23% 0.63% 0.26% 0.00% 0.26% 1.62%
Utah 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Vermont 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Virginia 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Washington 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
West Virginia 0.11% 0.12% 0.22% 0.43% 0.17% 0.06%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 2.95% 3.51% 4.36% 3.88% 4.90% 2.60%
Wisconsin 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Wyoming 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    State 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
    Local 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Note:  The standard error is a measure of the variation among the estimates from all possible samples and thus is a measure of the precision with which an estimate from a particular sample approximates the average results of all possible samples.  The coefficient of variation (CV) is the estimated standard error expressed as a percent of the estimated total or proportion.  Each column in this table contains the coefficients of variation that have been computed for the estimated amounts in table 2a. 
Created: February 06 2006
Last Revised: March 25 2010