Financial Accounts of the United States - Z.1
L.120.b State and Local Government Employee Retirement Funds Defined Benefit Plans
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined benefit retirement funds; total financial assets (1) | FL224090045 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FL223020043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FL223030043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3 |
| State and local government employee defined benefit retirement funds; money market fund shares; asset | FL223034043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FL222051043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | LM224022045 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 6 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FL223069143 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 7 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | LM223061143 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 8 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | LM223061743 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 9 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | LM223062043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 10 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 11 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 12 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | LM223064145 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 13 |
| State and local government employee defined benefit retirement funds; mutual fund shares; asset | LM223064243 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 14 |
| State and local government employee defined benefit retirement funds; miscellaneous assets | FL223090045 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FL223073045 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 16 |
| State and local government employee defined benefit retirement funds; unidentified miscellaneous assets | LM223093043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 17 |
| State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) (3) | FL224190043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 18 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
- Actuarial value of accrued defined benefit pension entitlements. These liabilities are assets of the household sector.
Last Update: December 2, 2024