PENSION LOSSES LEFT UNTABULATED.(MAIN)

Byline: JAY JOCHNOWITZ State editor

With nearly half its money in the stock market, the state pension system undoubtedly took a beating in Friday's plunge, but how much money that meant, the people who run the $120 billion program don't know.

The system, which supports some 290,000 former government employees and includes another 590,000 people who are still working, takes a long-term view of its investments and doesn't worry about day-to-day spikes in the market, according to Jeffrey Gordon, spokesman for state Comptroller H. Carl McCall, sole trustee of the program.

``Obviously, the holdings went down,'' said Gordon, adding, however, ``If we lost …