Financial Accounts of the United States - Z.1
L.120 State and Local Government Employee Retirement Funds
Billions of dollars; amounts outstanding end of period, not seasonally adjustedDescription | Series code | 2016 | 2017 | 2018 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | Line |
---|---|---|---|---|---|---|---|---|---|---|---|
State and local government employee retirement funds; total financial assets (1) | FL224090005 | 8363.6 | 8734.3 | 9015.6 | 8639.2 | 8734.3 | 8804.2 | 8884.5 | 8971.5 | 9015.6 | 1 |
State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FL223020043 | 40.6 | 27.5 | 23.2 | 29.4 | 27.5 | 27.0 | 25.4 | 24.4 | 23.2 | 2 |
State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FL223030043 | 2.9 | 2.5 | 2.1 | 2.7 | 2.5 | 2.5 | 2.3 | 2.2 | 2.1 | 3 |
State and local government employee retirement funds; money market fund shares; asset | FL223034005 | 65.6 | 56.3 | 48.3 | 60.1 | 56.3 | 55.4 | 52.4 | 50.5 | 48.3 | 4 |
State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FL222051043 | 4.9 | 4.2 | 3.5 | 4.5 | 4.2 | 4.1 | 3.8 | 3.7 | 3.5 | 5 |
State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | LM224022045 | 890.9 | 978.1 | 1011.9 | 946.0 | 978.1 | 1004.8 | 989.4 | 989.4 | 1011.9 | 6 |
State and local government employee defined benefit retirement funds; commercial paper; asset | FL223069143 | 56.1 | 48.0 | 40.6 | 51.4 | 48.0 | 47.1 | 44.4 | 42.7 | 40.6 | 7 |
State and local government employee defined benefit retirement funds; Treasury securities; asset | LM223061143 | 217.8 | 277.3 | 282.9 | 261.2 | 277.3 | 278.4 | 281.4 | 271.8 | 282.9 | 8 |
State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | LM223061743 | 99.9 | 102.6 | 103.7 | 96.7 | 102.6 | 103.0 | 104.2 | 100.6 | 103.7 | 9 |
State and local government employee defined benefit retirement funds; municipal securities; asset | LM223062043 | 2.6 | 3.8 | 2.7 | 2.3 | 3.8 | 2.8 | 2.6 | 2.6 | 2.7 | 10 |
State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | LM223063045 | 514.5 | 546.4 | 582.1 | 534.3 | 546.4 | 573.5 | 556.8 | 571.6 | 582.1 | 11 |
State and local government employee defined benefit retirement funds; total mortgages; asset | FL223065043 | 14.5 | 3.7 | 3.2 | 2.6 | 3.7 | 2.7 | 3.0 | 3.1 | 3.2 | 12 |
State and local government employee defined benefit retirement funds; corporate equities; asset | LM223064145 | 2320.6 | 2677.4 | 2291.6 | 2581.0 | 2677.4 | 2613.9 | 2637.5 | 2713.4 | 2291.6 | 13 |
State and local government employee retirement funds; mutual fund shares; asset | LM223064205 | 441.8 | 505.1 | 462.2 | 492.0 | 505.1 | 508.3 | 521.0 | 522.7 | 462.2 | 14 |
State and local government employee retirement funds; miscellaneous assets | FL223090005 | 4581.8 | 4479.5 | 5169.7 | 4521.0 | 4479.5 | 4585.7 | 4649.6 | 4661.9 | 5169.7 | 15 |
State and local government employee defined contribution retirement funds; unallocated insurance contracts; asset (2) | FL223095505 | 138.9 | 155.0 | 160.5 | 147.1 | 155.0 | 153.2 | 155.1 | 159.4 | 160.5 | 16 |
State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (3) | FL223073045 | 4216.6 | 4053.9 | 4724.3 | 4110.0 | 4053.9 | 4158.0 | 4211.5 | 4220.1 | 4724.3 | 17 |
State and local government employee retirement funds; unidentified miscellaneous assets | FL223093005 | 226.4 | 270.6 | 284.9 | 263.9 | 270.6 | 274.5 | 283.1 | 282.4 | 284.9 | 18 |
State and local government employee retirement funds; pension entitlements (total liabilities) (4) | FL224190005 | 8474.3 | 8830.7 | 9112.7 | 8732.6 | 8830.7 | 8899.9 | 8981.1 | 9069.4 | 9112.7 | 19 |
State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) | FL224190043 | 8035.9 | 8332.9 | 8633.6 | 8257.7 | 8332.9 | 8408.1 | 8483.2 | 8558.4 | 8633.6 | 20 |
State and local government employee defined benefit retirement funds; total funded assets (5) | FL222000075 | 3819.3 | 4278.9 | 3909.4 | 4147.7 | 4278.9 | 4250.0 | 4271.8 | 4338.4 | 3909.4 | 21 |
State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset | FL223073045 | 4216.6 | 4053.9 | 4724.3 | 4110.0 | 4053.9 | 4158.0 | 4211.5 | 4220.1 | 4724.3 | 22 |
State and local government employee defined benefit retirement funds; total financial assets (6) | FL224090045 | 7925.1 | 8236.4 | 8536.5 | 8164.3 | 8236.4 | 8312.4 | 8386.7 | 8460.5 | 8536.5 | 23 |
State and local government employee defined contribution retirement funds; total financial assets (7) | FL224090055 | 438.5 | 497.8 | 479.1 | 474.9 | 497.8 | 491.9 | 497.8 | 510.9 | 479.1 | 24 |
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. Negative values indicate overfunding.
- Actuarial value of projected pension entitlements. These liabilities are assets of the household sector.
- Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.
- Additional detail on defined benefit plans is available on table L.120.b.
- Additional detail on defined contribution plans is available on table L.120.c.
Last Update: March 7, 2019