Financial Accounts of the United States - Z.1
F.117 Private and Public Pension Funds (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2016 | 2017 | 2018 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pension funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA596330005 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 1 |
| Pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA595013005 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 2 |
| Pension funds; total financial assets (2) | FA594090005 | 347.8 | 392.6 | 367.1 | 320.0 | 449.5 | 317.7 | 400.8 | 396.1 | 353.9 | 3 |
| Pension funds; checkable deposits and currency; asset | FA593020005 | 3.0 | -11.7 | -2.8 | -2.2 | -6.4 | -1.9 | -5.9 | -2.5 | -1.1 | 4 |
| Pension funds; total time and savings deposits; asset | FA593030005 | -0.2 | -1.9 | -3.3 | -1.8 | -0.7 | -4.3 | -4.3 | -2.7 | -1.9 | 5 |
| Pension funds; money market fund shares; asset | FA593034005 | 16.9 | -11.5 | -10.3 | -8.4 | -15.1 | -8.3 | -16.3 | -9.4 | -7.3 | 6 |
| Pension funds; security repurchase agreements; asset | FA592051005 | 0.9 | -0.9 | -0.9 | -0.7 | -1.2 | -0.7 | -1.3 | -0.8 | -0.9 | 7 |
| Pension funds; debt securities; asset | FA594022005 | 146.6 | 53.4 | 472.1 | 1185.7 | -331.7 | 1102.2 | 179.8 | 325.2 | 281.1 | 8 |
| Pension funds; commercial paper; asset | FA593069105 | 11.2 | -9.6 | -10.5 | -8.3 | -13.5 | -8.2 | -14.8 | -9.2 | -9.9 | 9 |
| Pension funds; Treasury securities; asset (3) | FA593061105 | 167.4 | 0.4 | 371.3 | 1056.1 | -455.4 | 893.7 | 170.8 | 227.8 | 193.0 | 10 |
| Pension funds; agency- and GSE-backed securities; asset | FA593061705 | 9.6 | 11.4 | 9.8 | 6.8 | 35.3 | 15.1 | 15.9 | -2.4 | 10.8 | 11 |
| Pension funds; municipal securities; asset | FA593062045 | 0.2 | 1.0 | -1.0 | -1.5 | 5.7 | -3.4 | -0.9 | 0.1 | 0.3 | 12 |
| Pension funds; corporate and foreign bonds; asset | FA593063005 | -41.7 | 50.3 | 102.4 | 132.6 | 96.3 | 205.0 | 8.9 | 108.9 | 86.8 | 13 |
| Pension funds; loans; asset | FA594023005 | 7.3 | 140.9 | -152.2 | -540.4 | 563.3 | -611.1 | 1.2 | 0.2 | 0.8 | 14 |
| Federal government defined contribution retirement funds; other loans and advances; liability | FA313169003 | 0.0 | 151.7 | -151.7 | -517.5 | 558.5 | -606.7 | 0.0 | 0.0 | 0.0 | 15 |
| Pension funds; total mortgages; asset | FA593065005 | 7.3 | -10.8 | -0.6 | -22.8 | 4.7 | -4.4 | 1.2 | 0.2 | 0.8 | 16 |
| Pension funds; corporate equities; asset | FA593064105 | -216.8 | -161.6 | -243.4 | -157.7 | -170.4 | -221.3 | -276.5 | -258.4 | -217.3 | 17 |
| Pension funds; mutual fund shares; asset | FA593064205 | -36.9 | 21.0 | -3.7 | -74.1 | 45.8 | 32.0 | 59.4 | -49.1 | -57.0 | 18 |
| Pension funds; total miscellaneous assets | FA593090005 | 427.0 | 364.9 | 311.8 | -80.3 | 365.9 | 31.1 | 464.6 | 393.6 | 357.8 | 19 |
| Pension funds; unallocated insurance contracts; asset (4) | FA593095005 | 22.1 | 22.3 | 7.5 | 22.9 | 39.4 | -17.0 | 5.2 | 21.5 | 20.4 | 20 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | 3.9 | 5.8 | 9.8 | 6.1 | 1.8 | 11.3 | 10.4 | 8.1 | 9.6 | 21 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FA593073005 | 303.7 | 274.7 | 263.6 | -161.0 | 283.6 | 9.5 | 403.3 | 346.8 | 294.7 | 22 |
| Pension funds; unidentified miscellaneous assets | FA593093005 | 97.4 | 62.1 | 30.8 | 51.6 | 41.1 | 27.3 | 45.7 | 17.2 | 33.0 | 23 |
| Pension funds; total liabilities | FA594190005 | 347.8 | 392.6 | 367.1 | 320.1 | 449.5 | 317.7 | 400.8 | 396.1 | 354.0 | 24 |
| Households and nonprofit organizations; retirement assets (6) | FA153050015 | 591.5 | 505.9 | ND | 285.1 | 907.1 | 409.5 | 382.5 | 473.1 | ND | 25 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FA594190045 | 291.4 | 293.3 | 284.9 | 295.6 | 285.5 | 284.8 | 285.3 | 284.6 | 285.0 | 26 |
| Defined contribution pension funds; total financial assets | FA594090055 | 56.5 | 99.3 | 82.2 | 24.5 | 164.0 | 32.9 | 115.5 | 111.5 | 69.0 | 27 |
| All sectors; IRAs; liability (7) | FA893131573 | 257.4 | 143.1 | ND | 19.4 | 482.4 | 90.7 | 28.5 | 165.2 | ND | 28 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (8) | FA543150015 | -13.7 | -29.7 | ND | -54.4 | -24.8 | 1.1 | -46.9 | -88.2 | ND | 29 |
NOTES
- Private pension funds, state and local government employee retirement funds, and federal government employee retirement funds defined benefit plans and defined contribution plans.
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Includes both marketable and nonmarketable government securities.
- Assets of pension plans held at life insurance companies; series begins 1985:Q4.
- Unfunded defined benefit pension entitlements.
- Households' retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.
- IRA assets are not included above. See memo item on table F.227 for a sectoral distribution of IRA accounts.
- Annuities held in IRAs are excluded. They are included in line 28.
Last Update: March 7, 2019