| Table 4b(2)
Coefficient of Variation for Cash and Investment Holdings of State and
Local |
| Government
Employee-Retirement Systems by State and Level of Government: |
|
| Fiscal
Year 2005-2006 |
|
|
| State and level of government |
Securities |
|
| Total |
Governmental |
|
| United States Treasury |
Federal agency |
State and local government |
|
|
|
|
|
| United States |
0.06% |
0.18% |
0.18% |
1.53% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.34% |
1.11% |
1.27% |
6.16% |
|
| Alabama |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Alaska |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Arizona |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Arkansas |
0.06% |
0.07% |
0.00% |
0.12% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
3.09% |
0.51% |
0.00% |
100.00% |
|
| California |
0.02% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.07% |
0.00% |
0.00% |
0.00% |
|
| Colorado |
0.09% |
0.08% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.66% |
0.71% |
0.00% |
0.00% |
|
| Connecticut |
0.17% |
6.09% |
2.78% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.83% |
6.09% |
2.78% |
0.00% |
|
| Delaware |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| District of Columbia |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Florida |
0.35% |
4.10% |
0.30% |
0.41% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
2.87% |
4.10% |
3.72% |
0.45% |
|
| Georgia |
0.03% |
0.07% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.36% |
1.65% |
0.00% |
0.00% |
|
| Hawaii |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Idaho |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Illinois |
0.77% |
3.22% |
11.15% |
25.09% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
2.26% |
5.72% |
17.42% |
28.00% |
|
| Indiana |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.10% |
0.00% |
0.00% |
0.00% |
|
| Iowa |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Kansas |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Kentucky |
0.02% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.98% |
0.00% |
0.00% |
0.00% |
|
| Louisiana |
0.02% |
0.80% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.30% |
2.80% |
0.00% |
0.00% |
|
| Maine |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Maryland |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Massachusetts |
0.17% |
4.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.70% |
4.58% |
0.00% |
0.00% |
|
| Michigan |
0.20% |
4.32% |
4.07% |
1.75% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.88% |
4.32% |
4.07% |
1.75% |
|
| Minnesota |
0.11% |
5.23% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
1.06% |
5.23% |
0.00% |
0.00% |
|
| Mississippi |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Missouri |
0.10% |
0.35% |
0.86% |
3.46% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.82% |
3.16% |
11.05% |
3.46% |
|
| Montana |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Nebraska |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Nevada |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| New Hampshire |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| New Jersey |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| New Mexico |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| New York |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| North Carolina |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| North Dakota |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Ohio |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Oklahoma |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Oregon |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Pennsylvania |
0.51% |
0.62% |
0.97% |
22.19% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
3.12% |
3.67% |
12.48% |
22.19% |
|
| Rhode Island |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| South Carolina |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| South Dakota |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Tennessee |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Texas |
0.04% |
0.46% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.33% |
4.63% |
1.22% |
0.00% |
|
| Utah |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Vermont |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Virginia |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Washington |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| West Virginia |
0.11% |
2.14% |
0.30% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
2.33% |
2.14% |
0.30% |
0.00% |
|
| Wisconsin |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Wyoming |
0.00% |
0.00% |
0.00% |
0.00% |
|
| State |
0.00% |
0.00% |
0.00% |
0.00% |
|
| Local |
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 4a(2). |
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Created: June 30 2008