STATEMENTS OF FINANCIAL POSITION $ in Thousands	Jun. 30, 2020 USD ($) $ / shares shares	Dec. 31, 2019 USD ($) $ / shares shares
Current assets:
Cash and cash equivalents	$ 257,738	$ 336,739
Available-for-sale securities	27,409	32,810
Equity securities	1,416	2,381
Receivables from Erie Insurance Exchange and affiliates, net	506,690	468,636
Prepaid expenses and other current assets	60,668	44,943
Federal income taxes recoverable	0	462
Accrued investment income	5,317	5,433
Total current assets	859,238	891,404
Available-for-sale securities, net	777,416	697,891
Equity securities	73,973	64,752
Limited partnership investments	15,463	26,775
Fixed assets, net	246,572	221,379
Agent loans, net	58,602	60,978
Deferred income taxes, net	18,895	17,186
Other assets	32,702	35,875
Total assets	2,082,861	2,016,240
Current liabilities:
Commissions payable	282,436	262,963
Agent bonuses	60,264	96,053
Accounts payable and accrued liabilities	137,745	134,957
Dividends payable	44,940	44,940
Contract liability	36,625	35,938
Deferred executive compensation	9,674	10,882
Federal income taxes payable	15,441	0
Current portion of long-term borrowings	1,998	1,979
Total current liabilities	589,123	587,712
Defined benefit pension plans	161,458	145,659
Long-term borrowings	94,849	95,842
Contract liability	18,826	18,435
Deferred executive compensation	9,571	13,734
Other long-term liabilities	14,895	21,605
Total liabilities	888,722	882,987
Shareholders’ equity
Additional paid-in-capital	16,487	16,483
Accumulated other comprehensive loss	(106,333)	(116,868)
Retained earnings	2,427,905	2,377,558
Total contributed capital and retained earnings	2,340,229	2,279,343
Treasury stock, at cost; 22,110,132 shares held	(1,162,546)	(1,158,910)
Deferred compensation	16,456	12,820
Total shareholders’ equity	1,194,139	1,133,253
Total liabilities and shareholders’ equity	$ 2,082,861	$ 2,016,240
Treasury stock (in shares) | shares	22,110,132	22,110,132
Class A common stock
Shareholders’ equity
Common stock	$ 1,992	$ 1,992
Common stock, stated value per share (in dollars per share) | $ / shares	$ 0.0292	$ 0.0292
Common stock, authorized (in shares) | shares	74,996,930	74,996,930
Common stock, issued (in shares) | shares	68,299,200	68,299,200
Common stock, outstanding (in shares) | shares	46,189,068	46,189,068
Class B common stock
Shareholders’ equity
Common stock	$ 178	$ 178
Shares, Issued | shares		2,542
Shares, Outstanding | shares	2,542
Common stock, stated value per share (in dollars per share) | $ / shares	$ 70	$ 70
Common stock, authorized (in shares) | shares	3,070	3,070
Ratio for converting shares of Class B common stock into shares of Class A common stock (as a percent)	2,400	2,400