Financial Accounts of the United States - Z.1
F.120 State and Local Government Employee Retirement Funds
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2014 | 2015 | 2016 | 2016 Q1 | 2016 Q2 | 2016 Q3 | 2016 Q4 | 2017 Q1 | 2017 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee retirement funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA226330005 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 1 |
| State and local government employee retirement funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA225013005 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2 |
| State and local government employee retirement funds; total financial assets (1) | FA224090005 | 174.1 | 204.5 | 213.5 | 214.6 | 205.8 | 209.7 | 224.0 | 221.5 | 227.2 | 3 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | 2.1 | 3.5 | 11.5 | -5.3 | 10.6 | 13.1 | 27.3 | -0.3 | 12.7 | 4 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | -0.7 | -0.7 | 0.5 | -0.6 | 0.4 | 0.8 | 1.6 | -0.0 | 0.7 | 5 |
| State and local government employee retirement funds; money market mutual fund shares; asset | FA223034005 | -2.4 | 0.7 | 14.0 | -9.3 | 14.2 | 16.4 | 34.6 | -1.5 | 15.5 | 6 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | -0.1 | 0.1 | 1.2 | -0.4 | 1.1 | 1.3 | 2.8 | -0.0 | 1.3 | 7 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 56.1 | -0.6 | 37.6 | -25.1 | -6.9 | 70.9 | 111.4 | 127.8 | 75.8 | 8 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | -1.4 | 0.6 | 13.8 | -4.9 | 13.2 | 15.3 | 31.8 | -0.4 | 15.0 | 9 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 14.7 | -23.8 | 20.1 | -35.7 | 43.1 | 33.2 | 39.6 | 46.6 | 40.6 | 10 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | 7.6 | -11.7 | 15.1 | -8.2 | 36.1 | 18.6 | 13.9 | 27.3 | 24.0 | 11 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | -0.2 | 0.0 | -0.6 | 0.1 | -0.0 | -1.7 | -0.8 | -0.0 | -0.6 | 12 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | 35.5 | 34.3 | -10.8 | 23.7 | -99.2 | 5.4 | 26.8 | 54.3 | -3.2 | 13 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 1.7 | 0.1 | -0.1 | 2.4 | 1.6 | -2.6 | -1.9 | -2.3 | -1.3 | 14 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -85.0 | 10.8 | -92.8 | 51.1 | -73.8 | -143.6 | -205.0 | -172.6 | -148.8 | 15 |
| State and local government employee retirement funds; mutual fund shares; asset | FA223064205 | 15.8 | 39.0 | -24.8 | -17.5 | 22.3 | -18.1 | -85.7 | -36.9 | -9.0 | 16 |
| State and local government employee retirement funds; miscellaneous assets | FA223090005 | 186.8 | 151.6 | 266.5 | 219.4 | 236.2 | 271.5 | 339.1 | 307.4 | 280.3 | 17 |
| State and local government employee defined contribution retirement funds; unallocated insurance contracts; asset (2) | FA223095505 | -6.4 | -0.1 | 10.2 | 15.2 | 7.6 | 7.3 | 10.6 | 13.9 | 16.1 | 18 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (3) | FA223073045 | 185.1 | 149.9 | 219.8 | 197.9 | 193.6 | 251.3 | 236.2 | 283.2 | 241.9 | 19 |
| State and local government employee retirement funds; unidentified miscellaneous assets | FA223093005 | 8.1 | 1.8 | 36.6 | 6.3 | 34.9 | 12.8 | 92.3 | 10.2 | 22.2 | 20 |
| State and local government employee retirement funds; pension entitlements (total liabilities) | FA224190005 | 174.1 | 204.4 | 213.4 | 214.5 | 205.7 | 209.5 | 223.9 | 221.4 | 227.1 | 21 |
| State and local government employee defined benefit retirement funds; total financial assets (4) | FA224090045 | 204.1 | 204.6 | 207.3 | 205.5 | 206.0 | 208.7 | 209.1 | 209.1 | 209.1 | 22 |
| State and local government employee defined contribution retirement funds; total financial assets (5) | FA224090055 | -29.9 | -0.1 | 6.2 | 9.2 | -0.2 | 0.9 | 15.0 | 12.5 | 18.2 | 23 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Assets of defined contribution funds held at life insurance companies.
- Unfunded defined benefit pension entitlements.
- Additional detail on defined benefit plans is available on table F.120.b.
- Additional detail on defined contribution plans is available on table F.120.c.
Last Update: September 21, 2017