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 | 2013 | 2014 | 2015 | 2016 | 2016 Q1 | 2016 Q2 | 2016 Q3 | 2016 Q4 | 2017 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined benefit retirement funds; total financial assets (1) | FL224090045 | 4840.4 | 5077.9 | 5347.9 | 5609.4 | 5414.8 | 5480.0 | 5543.1 | 5609.4 | 5675.7 | 1 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FL223020043 | 4.1 | 4.4 | 4.5 | 5.3 | 4.2 | 4.4 | 4.6 | 5.3 | 5.5 | 2 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FL223030045 | 34.7 | 37.9 | 38.1 | 45.7 | 36.4 | 37.9 | 39.1 | 45.7 | 46.7 | 3 |
| State and local government employee defined benefit retirement funds; money market mutual fund shares; asset | FL223034043 | 41.5 | 45.3 | 45.6 | 54.6 | 43.5 | 45.4 | 46.8 | 54.6 | 55.8 | 4 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FL222051043 | 3.3 | 3.6 | 3.6 | 4.3 | 3.4 | 3.6 | 3.7 | 4.3 | 4.4 | 5 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FL224022045 | 816.0 | 836.4 | 855.7 | 912.8 | 870.2 | 890.1 | 910.1 | 912.8 | 919.2 | 6 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FL223069143 | 37.8 | 41.3 | 41.5 | 49.8 | 39.6 | 41.3 | 42.6 | 49.8 | 50.9 | 7 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FL223061143 | 188.3 | 181.3 | 174.8 | 187.2 | 175.6 | 182.2 | 187.3 | 187.2 | 187.9 | 8 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FL223061743 | 106.3 | 102.2 | 95.5 | 102.3 | 95.9 | 99.6 | 102.4 | 102.3 | 102.3 | 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 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FL223063045 | 481.2 | 509.3 | 541.9 | 571.8 | 556.7 | 564.4 | 575.6 | 571.8 | 576.5 | 11 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 9.5 | 10.0 | 9.6 | 6.4 | 8.3 | 8.3 | 6.8 | 6.4 | 5.9 | 12 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | LM223064145 | 2172.1 | 2257.8 | 2157.2 | 2237.0 | 2155.1 | 2175.8 | 2241.8 | 2237.0 | 2340.5 | 13 |
| State and local government employee defined benefit retirement funds; mutual fund shares; asset | LM223064243 | 216.2 | 262.5 | 284.0 | 293.9 | 282.5 | 286.9 | 292.2 | 293.9 | 309.9 | 14 |
| State and local government employee defined benefit retirement funds; miscellaneous assets | FL223090045 | 1543.1 | 1620.0 | 1949.6 | 2049.2 | 2011.1 | 2027.6 | 1998.0 | 2049.2 | 1987.8 | 15 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FL223073045 | 1437.5 | 1503.7 | 1831.6 | 1932.9 | 1898.4 | 1915.8 | 1884.1 | 1932.9 | 1871.5 | 16 |
| State and local government employee defined benefit retirement funds; unidentified miscellaneous assets | FL223093043 | 105.6 | 116.3 | 118.0 | 116.4 | 112.6 | 111.8 | 113.9 | 116.4 | 116.4 | 17 |
| State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) (3) | FL224190043 | 4986.9 | 5233.9 | 5496.0 | 5763.7 | 5562.9 | 5629.8 | 5696.8 | 5763.7 | 5830.6 | 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: June 8, 2017