Second quarter levels are benchmarked annually to U.S. Census Bureau, Annual Survey of Public Pensions (ASPP), State & Local Data, Table 1: National Summary of Public-Employee Retirement Systems: 25 percent of funds held in trust, plus 25 percent of miscellaneous investments, plus 10 percent of other nongovernmental securities (Prior to 2012:Q1, 2 percent of funds held in trust, plus 2 percent of miscellaneous investments, plus 20 percent of other nongovernmental securities). Quarterly levels between ASPP Q2 benchmarks are computed by increasing the previous level using the quarterly growth rate of U.S. Census Bureau, Quarterly Survey of Public Pensions (QSPP) other securities (Z83/Z84). Any residual difference between Q2 benchmark level and quarter level method is spread evenly over the previous quarters. The unadjusted transactions are the change in the level, less any other changes in volume. Data for the most recent ten years show no significant seasonality.
Last edited on: 09/19/2017