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 | 2017 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 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 | 2 |
| State and local government employee retirement funds; total financial assets (1) | FA224090005 | 174.1 | 204.5 | 154.6 | 232.2 | 221.3 | 224.1 | 218.9 | 264.5 | 197.8 | 3 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | 2.1 | 3.5 | 11.4 | -6 | -5.4 | -2.2 | 7.1 | -23.6 | -6 | 4 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | -0.7 | -0.7 | 0.5 | -0.4 | -0.3 | -0.1 | 0.4 | -1.4 | -0.4 | 5 |
| State and local government employee retirement funds; money market fund shares; asset | FA223034005 | -2.4 | 0.7 | 12.7 | -8.1 | -7.7 | -3.6 | 9 | -30.4 | -7.6 | 6 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | -0.1 | 0.1 | 1.2 | -0.6 | -0.5 | -0.2 | 0.7 | -2.4 | -0.6 | 7 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 56.1 | -0.6 | 27 | 87.8 | 75.4 | 83.5 | 71.5 | 120.8 | 87.8 | 8 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | -1.4 | 0.6 | 13.7 | -7 | -6.3 | -2.6 | 8.2 | -27.5 | -7 | 9 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 14.7 | -23.8 | 18.7 | 38 | 27.2 | 52.3 | 5.8 | 66.7 | 38 | 10 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | 7.6 | -11.7 | 14.3 | 22.3 | 15.7 | 30.9 | 2.3 | 40.1 | 22.3 | 11 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | -0.2 | 0 | -0.5 | 1.2 | 1.3 | 0.9 | -1.4 | 4 | 1.2 | 12 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | 35.5 | 34.3 | -19.3 | 33.4 | 37.5 | 2.1 | 56.5 | 37.4 | 33.4 | 13 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 1.7 | 0.1 | -0.1 | -0.5 | -2.3 | 5.7 | -0 | -5.5 | -0.5 | 14 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -85 | 10.8 | -110.2 | -125.1 | -177.6 | -36.6 | -85 | -201.2 | -125.1 | 15 |
| State and local government employee retirement funds; mutual fund shares; asset | FA223064205 | 15.8 | 39 | -54.4 | -15.3 | 8.1 | -15.7 | -57.4 | 3.9 | -21.7 | 16 |
| State and local government employee retirement funds; miscellaneous assets | FA223090005 | 186.8 | 151.6 | 266.5 | 300.4 | 331.6 | 193.3 | 272.6 | 404.2 | 271.9 | 17 |
| State and local government employee defined contribution retirement funds; unallocated insurance contracts; asset (2) | FA223095505 | -6.4 | -0.1 | -6.6 | 15.3 | 4.7 | 9.6 | 18.4 | 28.3 | -4.1 | 18 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (3) | FA223073045 | 185.1 | 149.9 | 229.9 | 266.2 | 302.1 | 173.2 | 244.6 | 345 | 266.2 | 19 |
| State and local government employee retirement funds; unidentified miscellaneous assets | FA223093005 | 8.1 | 1.8 | 43.3 | 18.9 | 24.7 | 10.4 | 9.6 | 30.9 | 9.7 | 20 |
| State and local government employee retirement funds; pension entitlements (total liabilities) | FA224190005 | 174.1 | 204.4 | 154.4 | 232.1 | 221.1 | 223.9 | 218.8 | 264.3 | 197.7 | 21 |
| State and local government employee defined benefit retirement funds; total financial assets (4) | FA224090045 | 204.1 | 204.6 | 207.3 | 209.1 | 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 | -29.9 | -0.1 | -52.8 | 23.1 | 12.2 | 15 | 9.9 | 55.4 | -11.3 | 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: June 7, 2018