Financial Accounts of the United States - Z.1
L.117 Private and Public Pension Funds (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2013 | 2014 | 2015 | 2016 | 2016 Q1 | 2016 Q2 | 2016 Q3 | 2016 Q4 | 2017 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pension funds; total financial assets (2) | FL594090005 | 16972.3 | 17641.1 | 18213.8 | 19095.8 | 18397.3 | 18612.7 | 18903.6 | 19095.8 | 19469.9 | 1 |
| Pension funds; checkable deposits and currency; asset | FL593020005 | 19.6 | 23.3 | 24.3 | 27.5 | 24.7 | 25.6 | 26.2 | 27.5 | 28.1 | 2 |
| Pension funds; total time and savings deposits; asset | FL593030005 | 68.3 | 73.4 | 74.9 | 84.1 | 73.7 | 75.7 | 77.2 | 84.1 | 85.3 | 3 |
| Pension funds; money market mutual fund shares; asset | FL593034005 | 203.4 | 207.2 | 202.9 | 215.4 | 202.1 | 204.4 | 206.2 | 215.4 | 217.0 | 4 |
| Pension funds; security repurchase agreements; asset | FL592051005 | 6.1 | 6.6 | 6.3 | 7.1 | 6.2 | 6.3 | 6.5 | 7.1 | 7.1 | 5 |
| Pension funds; debt securities; asset | FL594022005 | 3520.3 | 3648.8 | 3805.7 | 3993.8 | 3818.5 | 3851.2 | 3901.3 | 3993.8 | 3860.0 | 6 |
| Pension funds; commercial paper; asset | FL593069105 | 79.1 | 84.5 | 87.9 | 98.7 | 86.7 | 89.2 | 91.0 | 98.7 | 100.4 | 7 |
| Pension funds; Treasury securities; asset (3) | FL593061105 | 2018.7 | 2094.5 | 2200.8 | 2321.3 | 2193.9 | 2207.0 | 2236.4 | 2321.3 | 2176.5 | 8 |
| Pension funds; agency- and GSE-backed securities; asset | FL593061705 | 278.2 | 271.2 | 255.9 | 260.8 | 256.1 | 259.0 | 261.5 | 260.8 | 260.4 | 9 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FL223062043 | 2.4 | 2.2 | 2.0 | 1.7 | 2.4 | 2.4 | 2.1 | 1.7 | 1.7 | 10 |
| Pension funds; corporate and foreign bonds; asset | FL593063005 | 1141.9 | 1196.3 | 1259.1 | 1311.2 | 1279.4 | 1293.7 | 1310.3 | 1311.2 | 1321.0 | 11 |
| Pension funds; total mortgages; asset | FL593065005 | 31.8 | 34.1 | 30.9 | 27.7 | 29.7 | 29.7 | 28.0 | 27.7 | 27.1 | 12 |
| Pension funds; corporate equities; asset | LM593064105 | 4622.0 | 4760.7 | 4540.1 | 4802.8 | 4532.4 | 4579.7 | 4722.1 | 4802.8 | 5031.3 | 13 |
| Pension funds; mutual fund shares; asset | LM593064205 | 3513.4 | 3716.0 | 3771.7 | 3986.4 | 3812.6 | 3879.3 | 4002.9 | 3986.4 | 4172.9 | 14 |
| Pension funds; total miscellaneous assets | FL593090005 | 4987.3 | 5171.2 | 5757.0 | 5951.0 | 5897.4 | 5960.7 | 5933.3 | 5951.0 | 6041.0 | 15 |
| Pension funds; unallocated insurance contracts; asset (4) | FL593095005 | 676.2 | 672.3 | 660.6 | 690.4 | 668.2 | 675.1 | 686.0 | 690.4 | 702.3 | 16 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 79.0 | 76.1 | 71.8 | 70.4 | 71.5 | 71.0 | 70.4 | 70.4 | 69.9 | 17 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FL593073005 | 3442.6 | 3593.4 | 4150.6 | 4261.3 | 4280.6 | 4327.7 | 4281.2 | 4261.3 | 4329.4 | 18 |
| Pension funds; unidentified miscellaneous assets | FL593093005 | 789.6 | 829.4 | 874.0 | 929.0 | 877.1 | 886.9 | 895.6 | 929.0 | 939.5 | 19 |
| Pension funds; total liabilities (6) | FL594190005 | 17155.3 | 17833.6 | 18398.5 | 19286.7 | 18582.1 | 18799.2 | 19093.9 | 19286.7 | 19661.4 | 20 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FL594190045 | 11273.6 | 11701.1 | 12136.7 | 12571.6 | 12245.3 | 12354.0 | 12462.8 | 12571.6 | 12680.3 | 21 |
| Defined benefit pension funds; total funded assets (7) | FL592000075 | 7831.0 | 8107.6 | 7986.1 | 8310.4 | 7964.7 | 8026.3 | 8181.6 | 8310.4 | 8457.6 | 22 |
| Pension funds; defined benefit claims of pension fund on sponsor; asset | FL593073045 | 3442.6 | 3593.4 | 4150.6 | 4261.3 | 4280.6 | 4327.7 | 4281.2 | 4261.3 | 4222.7 | 23 |
| Households and nonprofit organizations; retirement assets (8) | FL153050015 | 25958.0 | 27196.2 | 27830.6 | 29325.4 | 28102.8 | 28484.7 | 29063.5 | 29325.4 | ND | 24 |
| Defined benefit pension funds; total financial assets | FL594090045 | 11090.6 | 11508.5 | 11952.0 | 12380.7 | 12060.6 | 12167.6 | 12272.5 | 12380.7 | 12488.8 | 25 |
| Defined contribution pension funds; total financial assets | FL594090055 | 5881.8 | 6132.6 | 6261.8 | 6715.0 | 6336.7 | 6445.2 | 6631.1 | 6715.0 | 6981.1 | 26 |
| All sectors; IRAs; liability (9) | LM893131573 | 6819.0 | 7292.0 | 7329.0 | 7850.0 | 7400.0 | 7527.0 | 7767.0 | 7850.0 | ND | 27 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (10) | FL543150015 | 2166.6 | 2263.1 | 2287.8 | 2379.6 | 2305.5 | 2344.9 | 2392.9 | 2379.6 | ND | 28 |
NOTES
- Private pension funds, state and local government employee retirement funds, and federal government retirement funds defined benefit plans and defined contribution plans.
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Includes both marketable and nonmarketable government securities.
- Assets of pension plans held at life insurance companies; series begins 1985:Q4.
- Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
- Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
- Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.
- Households' retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.
- IRA assets are not included above. See memo items on table L.227 for a sectoral distribution of IRA accounts.
- Annuities held in IRAs are excluded. They are included in line 27.
Last Update: June 8, 2017