Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: June 9, 2016
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F.120 State and Local Government Employee Retirement Funds

Billions of dollars; quarterly figures are seasonally adjusted annual rates


Description
2010
2011
2012
2013
2014
2015
2015
Q1
2015
Q2
2015
Q3
2015
Q4
2016
Q1

Line
State and local government employee retirement funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 1
State and local government employee retirement funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products 0.1 0.1 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4 2
State and local government employee retirement funds; total financial assets 239.9 184.5 202.2 199.3 170.2 194.0 199.7 192.9 160.1 223.5 193.7 3
State and local government employee defined benefit retirement funds; checkable deposits and currency; asset 0.5 0.2 -0.3 0.3 0.6 0.4 1.0 0.6 -0.6 0.7 0.5 4
State and local government employee defined benefit retirement funds; total time and savings deposits; asset 5.5 2.3 -2.8 2.2 4.7 3.7 8.9 4.7 -4.9 6.1 4.2 5
State and local government employee retirement funds; money market mutual fund shares; asset 1.4 -1.1 -3.9 3.3 4.8 4.4 10.4 5.7 -9.6 11.2 5.1 6
State and local government employee defined benefit retirement funds; security repurchase agreements; asset 0.3 0.1 -0.3 0.2 0.4 0.4 0.8 0.4 -0.5 0.6 0.4 7
State and local government employee defined benefit retirement funds retirement funds; debt securities; asset 23.2 4.7 -2.3 89.9 44.9 -22.2 36.2 -6.4 -99.9 -18.6 11.4 8
State and local government employee defined benefit retirement funds; commercial paper; asset 5.3 2.1 -3.0 2.4 5.2 4.0 9.7 5.1 -5.3 6.7 4.6 9
State and local government employee defined benefit retirement funds; Treasury securities; asset 8.3 7.1 12.0 15.4 -11.3 -13.3 -16.4 -14.5 -27.5 5.3 -12.3 10
State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset 2.5 -26.5 -24.8 2.9 -4.2 -7.7 -9.5 -8.3 -15.9 3.0 -5.9 11
State and local government employee defined benefit retirement funds; municipal securities; asset 0.7 -0.6 -0.0 0.9 1.0 -0.4 -5.5 7.5 -6.9 3.2 0.3 12
State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset 6.5 22.6 13.5 68.3 54.2 -4.8 58.0 3.8 -44.3 -36.8 24.7 13
State and local government employee defined benefit retirement funds; total mortgages; asset -0.3 -0.6 -1.0 -0.5 -0.3 -1.8 -9.5 2.1 -2.1 2.2 -1.0 14
State and local government employee defined benefit retirement funds; corporate equities; asset -74.1 -64.8 -75.4 -179.0 -108.8 -56.6 -39.3 -49.7 12.1 -149.6 -82.7 15
State and local government employee retirement funds; mutual fund shares; asset 1.2 -66.5 -22.3 25.0 -11.7 -19.7 -13.5 -37.0 -35.1 6.9 -4.4 16
State and local government employee retirement funds; miscellaneous assets 282.2 310.1 310.4 258.0 235.6 285.4 204.7 272.5 300.5 364.0 260.2 17
State and local government employee defined contribution retirement funds; unallocated insurance contracts; asset 14.1 -9.6 -1.2 -0.7 -6.4 1.7 6.8 2.4 -15.2 12.9 -0.1 18
State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset 249.1 316.3 312.2 244.4 237.1 280.2 180.0 272.2 322.5 346.1 257.9 19
State and local government employee retirement funds; unidentified miscellaneous assets 18.9 3.4 -0.6 14.3 4.8 3.5 17.9 -2.1 -6.8 5.0 2.4 20
State and local government employee retirement funds; pension entitlements (total liabilities) 239.9 184.4 202.3 199.5 170.5 194.3 200.0 193.1 160.3 223.8 194.0 21
State and local government employee defined benefit retirement funds; total financial assets 220.7 215.2 211.7 207.0 200.2 198.7 198.7 198.7 198.7 198.7 198.7 22
State and local government employee defined contribution retirement funds; total financial assets 19.2 -30.8 -9.5 -7.7 -29.9 -4.7 1.0 -5.8 -38.7 24.8 -5.0 23

NOTES

  1. Includes claims on sponsor (i.e., unfunded pension entitlements).
  2. Assets of defined contribution funds held at life insurance companies.
  3. Unfunded defined benefit pension entitlements.
  4. Actuarial value of accrued pension entitlements. These liabilities are assets of the household sector.
  5. Additional detail on defined benefit plans and defined contribution plans is available on tables F.120.b and F.120.c.
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