The Federal Debt-Limit Standoff of 2013 in the Financial Accounts of the United States, Financial Accounts Tables

F.119 Federal Government Employee Retirement Funds

Billions of dollars; quarterly figures are seasonally adjusted annual rates

Descriptions: 2009 2010 2011 2012 2013 2012q3 2012q4 2013q1 2013q2 2013q3 2013q4
1 Net acquisition of financial assets 1 93.7 102.1 111.4 99.9 107.3 100.9 96.8 90.8 53.6 104.8 179.9
2   Credit market instruments 7.4 10.9 25.6 15.4 9.1 20.5 19.0 -14.0 -44.3 -383.4 478.2
3     Treasury securities2 7.4 10.1 23.4 12.1 12.5 14.8 18.6 -9.5 -40.6 -379.7 480.0
4     Agency- and GSE-backed securities 0.0 0.6 0.7 1.5 -1.7 1.4 0.4 -2.2 -1.9 -1.9 -0.9
5   Corporate and foreign bonds 0.0 0.2 1.4 1.7 -1.7 4.3 0.0 -2.3 -1.8 -1.9 -0.9
6   Corporate equities 8.8 5.4 -4.2 -4.1 9.6 -8.4 -10.8 16.3 9.3 -7.1 19.9
7   Miscellaneous assets 77.5 85.9 90.0 88.6 88.6 88.8 88.6 88.6 88.6 495.4 -318.3
8     Nonmarketable Treasury securities3 61.9 65.7 70.8 40.4 98.2 45.8 -86.5 229.9 -272.6 -110.3 545.9
9     Claims of pension fund on sponsor4 15.6 20.2 19.2 48.2 -9.7 43.0 175.1 -141.3 361.1 605.7 -864.1
10 Pension entitlements (liabilities)5 93.7 102.1 111.4 99.9 107.3 100.9 96.8 90.8 53.6 104.8 179.9
Memo:
  Net acquisition of financial assets
11     Defined benefit plans6 75.5 84.2 88.4 86.6 87.1 86.5 87.5 86.5 87.2 86.8 87.8
12     Defined contibution plans7 18.2 18.0 23.0 13.3 20.2 14.4 9.3 4.3 -33.6 18.0 92.1

1. Includes claims on sponsor (i.e., unfunded pension entitlements). Return to text.
2. Includes nonmarketable Treasury securities held by the Thrift Savings Plan. Return to text.
3. Nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military retirement fund, and foreign service retirement and disability fund. Return to text.
4. Unfunded defined benefit pension entitlements and suspended investments in the Thrift Savings Plan G Fund by the Treasury. Negative values indicate overfunding. Return to text.
5. Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans, including suspended investments in the Thrift Savings Plan G Fund. These liabilities are assets of the household sector. Return to text.
6. Includes the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military retirement fund, foreign service retirement and disability fund, and National Railroad Retirement Investment Trust. Return to text.
7. Thrift Savings Plan. Return to text.