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Quarterly Summary of the Finances of Selected State and Local Government Employee Retirement Systems
Quarterly Summary of the Finances of Selected State and Local Government Employee Retirement Systems
For the 100 largest retirement systems in the country, the third quarter of 2009 marked the highest value of total cash and security holdings in a year; with an increase of 9.0 percent from $2,198.4 billion in the second quarter of 2009 to $2,396.9 billion in the third quarter of 2009. Total cash and security holdings continue to be lower than the same quarter 1 year ago (2008:Q3) but at a smaller rate: –7.0 percent compared with –21.9 percent for the second quarter (2009:Q2/2008:Q2) and –25.5 percent for the first quarter (2009:Q1/2008:Q1).
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Page Last Revised - October 8, 2021
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