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 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 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 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 1 |
| State and local government employee retirement funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA225013005 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 2 |
| State and local government employee retirement funds; total financial assets (1) | FA224090005 | 260.6 | 217.7 | 275.2 | 268.3 | 302.1 | 241.6 | 288.8 | 211.8 | 258.4 | 3 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | 2.7 | 1.8 | -13.1 | -22.6 | -18 | -3.9 | -7.8 | -7.8 | -9.4 | 4 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | -0.7 | 0.5 | -0.4 | -0.3 | -0.1 | -0.4 | -0.7 | -0.7 | -0.5 | 5 |
| State and local government employee retirement funds; money market fund shares; asset | FA223034005 | 0.1 | 10.5 | -9.3 | -10.3 | -4.2 | -7.6 | -15.1 | -14.8 | -10.3 | 6 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | 0 | 1 | -0.7 | -0.8 | -0.3 | -0.6 | -1.2 | -1.2 | -0.8 | 7 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 4.3 | 3.3 | 77.6 | 45.7 | 37.3 | 91.7 | 135.6 | 190.2 | 193.7 | 8 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | 0 | 11.7 | -8.1 | -8.7 | -3.2 | -6.9 | -13.6 | -13.6 | -9.3 | 9 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | -22.2 | 47.1 | 59.6 | 80.8 | 92.8 | -4.6 | 69.5 | 26.1 | 46 | 10 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | -10.9 | -0.8 | 2.4 | -11.1 | -2.7 | -2.6 | 25.8 | 6.4 | 6.7 | 11 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0.1 | 0.2 | 1.1 | 0 | -0.1 | -1.5 | 5.7 | -3.3 | 0.2 | 12 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | 37.2 | -55 | 22.6 | -15.4 | -49.5 | 107.3 | 48.2 | 174.6 | 150.1 | 13 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | -0.1 | 6.5 | -10.8 | -16.6 | -8.5 | -22.8 | 4.7 | -4.2 | -7.7 | 14 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | 22.6 | -94.5 | -89.6 | -142.8 | 14.6 | -75.5 | -154.6 | -33.2 | -62.2 | 15 |
| State and local government employee retirement funds; mutual fund shares; asset | FA223064205 | 31.8 | -50.6 | -3.4 | 24.5 | 1.3 | -29.7 | -9.8 | 11.9 | -5.7 | 16 |
| State and local government employee retirement funds; miscellaneous assets | FA223090005 | 200 | 339.2 | 324.9 | 391.5 | 279.9 | 290.4 | 337.7 | 71.6 | 161.2 | 17 |
| State and local government employee defined contribution retirement funds; unallocated insurance contracts; asset (2) | FA223095505 | -0.1 | -6.1 | 14.7 | 2.5 | 9.6 | 18.4 | 28.3 | -7.1 | 8.6 | 18 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (3) | FA223073045 | 201.3 | 282.9 | 266.4 | 324.1 | 214.6 | 242.6 | 284.4 | 72.7 | 125.3 | 19 |
| State and local government employee retirement funds; unidentified miscellaneous assets | FA223093005 | -1.2 | 62.3 | 43.7 | 64.9 | 55.7 | 29.4 | 24.9 | 6 | 27.4 | 20 |
| State and local government employee retirement funds; pension entitlements (total liabilities) | FA224190005 | 231.8 | 179.8 | 255.8 | 240.7 | 246.2 | 244.6 | 291.8 | 218.5 | 247.7 | 21 |
| State and local government employee defined benefit retirement funds; total financial assets (4) | FA224090045 | 260.8 | 270.5 | 252 | 255.9 | 287.1 | 231.8 | 233.4 | 229.7 | 247.2 | 22 |
| State and local government employee defined contribution retirement funds; total financial assets (5) | FA224090055 | -0.2 | -52.8 | 23.2 | 12.4 | 15 | 9.9 | 55.4 | -17.9 | 11.2 | 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 20, 2018