Financial Accounts of the United States - Z.1
F.120.b State and Local Government Employee Retirement Funds Defined Benefit Plans
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined benefit retirement funds; total financial assets (1) | FA224090045 | 232.6 | 232.7 | 236.5 | 234.8 | 236.5 | 236.5 | 236.5 | 236.5 | 236.5 | 1 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | 1.8 | -13.1 | -4.3 | -3.9 | -7.8 | -2.1 | -6.2 | -3.8 | -5.0 | 2 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | 0.5 | -0.4 | -0.4 | -0.4 | -0.7 | -0.2 | -0.6 | -0.3 | -0.5 | 3 |
| State and local government employee defined benefit retirement funds; money market fund shares; asset | FA223034043 | 12.8 | -8.9 | -8.2 | -7.6 | -14.9 | -4.1 | -11.8 | -7.4 | -9.5 | 4 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | 1.0 | -0.7 | -0.6 | -0.6 | -1.2 | -0.3 | -0.9 | -0.6 | -0.8 | 5 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 3.3 | 77.6 | 74.3 | 91.7 | 135.6 | 203.4 | -8.9 | 16.1 | 86.5 | 6 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | 11.7 | -8.1 | -7.5 | -6.9 | -13.6 | -3.7 | -10.8 | -6.7 | -8.7 | 7 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 47.1 | 59.6 | 9.9 | -4.6 | 69.5 | 24.7 | 17.1 | -23.9 | 21.8 | 8 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | -0.8 | 2.4 | 1.5 | -2.6 | 25.8 | 5.9 | 6.6 | -12.9 | 6.4 | 9 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0.2 | 1.1 | -1.0 | -1.5 | 5.7 | -3.4 | -0.9 | 0.1 | 0.4 | 10 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -55.0 | 22.6 | 71.3 | 107.3 | 48.2 | 179.9 | -21.0 | 59.6 | 66.7 | 11 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 6.5 | -10.8 | -0.5 | -22.8 | 4.7 | -4.2 | 1.4 | 0.2 | 0.5 | 12 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -94.5 | -89.6 | -137.9 | -75.5 | -154.6 | -88.8 | -158.0 | -163.4 | -141.2 | 13 |
| State and local government employee defined benefit retirement funds; mutual fund shares; asset | FA223064243 | 20.5 | -4.0 | 2.4 | -9.0 | -19.8 | 32.9 | 28.5 | -49.7 | -2.0 | 14 |
| State and local government employee defined benefit retirement funds; miscellaneous assets | FA223090045 | 280.7 | 282.6 | 311.6 | 262.8 | 295.2 | 99.8 | 393.0 | 445.4 | 308.4 | 15 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FA223073045 | 245.0 | 247.0 | 300.1 | 245.5 | 287.4 | 80.6 | 363.9 | 458.4 | 297.6 | 16 |
| State and local government employee defined benefit retirement funds; unidentified miscellaneous assets | FA223093043 | 35.7 | 35.6 | 11.5 | 17.3 | 7.7 | 19.3 | 29.1 | -13.0 | 10.8 | 17 |
| State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) | FA224190043 | 232.6 | 232.7 | 236.4 | 234.7 | 236.4 | 236.4 | 236.4 | 236.4 | 236.4 | 18 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Unfunded defined benefit pension entitlements.
Last Update: March 7, 2019