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 | 2015 | 2016 | 2017 | 2016 Q3 | 2016 Q4 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| State and local government employee retirement funds; total financial assets (1) | FA224090005 | 204.5 | 210.8 | 224.3 | 211.3 | 226.2 | 221 | 223.6 | 218.4 | 234.2 | 3 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | 3.5 | 11.1 | 0.1 | 13.3 | 25.8 | -5.8 | -6.1 | 7 | 5.2 | 4 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | -0.7 | 0.5 | 0 | 0.8 | 1.5 | -0.3 | -0.4 | 0.4 | 0.3 | 5 |
| State and local government employee retirement funds; money market fund shares; asset | FA223034005 | 0.7 | 13.5 | -0.4 | 16.6 | 32.7 | -8.4 | -8.7 | 8.9 | 6.4 | 6 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | 0.1 | 1.2 | 0 | 1.3 | 2.6 | -0.6 | -0.6 | 0.7 | 0.5 | 7 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | -0.6 | 36.7 | 78.5 | 71 | 107.9 | 80.9 | 72.3 | 76.5 | 84.4 | 8 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | 0.6 | 13.5 | 0.1 | 15.5 | 30.1 | -6.7 | -7.1 | 8.1 | 6.1 | 9 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | -23.8 | 20.1 | 26.4 | 33.1 | 40 | 29.9 | 34 | 12.6 | 29.2 | 10 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | -11.7 | 15.1 | 14.6 | 18.5 | 14.2 | 17.3 | 19.9 | 6.5 | 14.5 | 11 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0 | -0.5 | 0.2 | -2 | 0.1 | 1 | 0.9 | -1.4 | 0.1 | 12 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | 34.3 | -11.5 | 37.2 | 5.9 | 23.6 | 39.3 | 24.5 | 50.7 | 34.5 | 13 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 0.1 | -0.1 | 0.9 | -2.6 | -1.9 | -2.3 | 5.6 | -0.1 | 0.3 | 14 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | 10.8 | -91.4 | -92.6 | -144.1 | -199 | -153.5 | 0.9 | -103.9 | -113.9 | 15 |
| State and local government employee retirement funds; mutual fund shares; asset | FA223064205 | 39 | -24.9 | -24.9 | -16.5 | -88.1 | -3.6 | -35.6 | -37.5 | -22.8 | 16 |
| State and local government employee retirement funds; miscellaneous assets | FA223090005 | 151.6 | 264.2 | 262.7 | 271.4 | 344.6 | 314.7 | 196.1 | 266.5 | 273.6 | 17 |
| State and local government employee defined contribution retirement funds; unallocated insurance contracts; asset (2) | FA223095505 | -0.1 | 7.2 | 13.8 | 7.4 | 13.4 | 4.2 | 10.6 | 19.8 | 20.7 | 18 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (3) | FA223073045 | 149.9 | 220 | 236.7 | 251.2 | 237.2 | 297.1 | 187.1 | 225.9 | 236.8 | 19 |
| State and local government employee retirement funds; unidentified miscellaneous assets | FA223093005 | 1.8 | 37 | 12.2 | 12.9 | 94 | 13.4 | -1.6 | 20.8 | 16.1 | 20 |
| State and local government employee retirement funds; pension entitlements (total liabilities) | FA224190005 | 204.4 | 210.7 | 224.2 | 211.2 | 226.1 | 220.9 | 223.4 | 218.3 | 234 | 21 |
| State and local government employee defined benefit retirement funds; total financial assets (4) | FA224090045 | 204.6 | 207.3 | 209.1 | 208.7 | 209.1 | 209.1 | 209.1 | 209.1 | 209.1 | 22 |
| State and local government employee defined contribution retirement funds; total financial assets (5) | FA224090055 | -0.2 | 3.5 | 15.2 | 2.5 | 17.1 | 12 | 14.5 | 9.3 | 25.1 | 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: March 8, 2018