L.119.b Federal Government Employee Retirement Funds Defined Benefit Plans (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2014 2015 2016 2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1 2017 Q2 Line
Federal government defined benefit retirement funds; total financial assets (2) FL344090045 3248.7 3336.5 3430.2 3359.5 3382.6 3406.9 3430.2 3454.5 3478.3 1
Federal government retirement funds; checkable deposits and currency held by National Railroad Retirement Investment Trust; asset FL343020033 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.7 0.7 2
Federal government defined benefit retirement funds; debt securities; asset LM344022045 1428.3 1504.1 1588.2 1489.2 1489.5 1507.5 1588.2 1546.1 1474.7 3
Federal government defined benefit retirement funds; Treasury securities; asset (3) LM343061165 1423.5 1498.8 1582.6 1484.0 1484.3 1501.9 1582.6 1540.4 1468.9 4
Federal government retirement funds; agency- and GSE-backed securities held by National Railroad Retirement Investment Trust; asset LM343061733 0.6 0.6 0.8 0.6 0.6 0.8 0.8 0.9 0.9 5
Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset LM343062033 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 6
Federal government retirement funds; corporate and foreign bonds held by National Railroad Retirement Investment Trust; asset LM343063033 4.2 4.5 4.7 4.5 4.5 4.7 4.7 4.8 4.8 7
Federal government retirement funds; corporate equities held by National Railroad Retirement Investment Trust; asset LM343064135 15.8 13.8 13.9 13.7 13.7 13.9 13.9 14.2 14.5 8
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset (4) FL343073045 1803.7 1817.8 1827.3 1855.8 1878.6 1884.7 1827.3 1893.4 1988.5 9
Federal government defined benefit retirement funds; pension entitlements (total liabilities) (5) FL344190045 3248.7 3336.5 3430.2 3359.5 3382.6 3406.9 3430.2 3454.5 3478.3 10

NOTES

  1. Includes Civil Service Retirement and Disability Fund, Railroad Retirement Board, judicial retirement fund, Military Retirement Fund, Foreign Service Retirement and Disability Fund, and the National Railroad Investment Trust.
  2. Includes claims on sponsor (i.e., unfunded pension entitlements).
  3. Comprised primarily of nonmarketable Treasury securities.
  4. Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
  5. Actuarial value of accrued pension entitlements in defined benefit plans. These liabilities are assets of the household sector.
Last Update: September 21, 2017