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 | 2017 | 2018 | 2019 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined benefit retirement funds; total financial assets (1) | FA224090045 | 233.1 | 230.4 | 231.6 | 231.9 | 231.6 | 231.6 | 231.6 | 231.6 | 231.6 | 1 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | -10.4 | -1.3 | 3.3 | -0.3 | -5.2 | 8.4 | -8.1 | 11.4 | 1.6 | 2 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | -0.4 | -0.3 | 0.3 | -0.0 | -0.4 | 0.6 | -0.6 | 0.9 | 0.1 | 3 |
| State and local government employee defined benefit retirement funds; money market fund shares; asset | FA223034043 | -2.4 | -1.3 | 6.7 | -0.6 | -10.5 | 16.8 | -16.2 | 22.9 | 3.2 | 4 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | -0.2 | -0.1 | 0.5 | -0.0 | -0.8 | 1.3 | -1.3 | 1.8 | 0.3 | 5 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 52.5 | 70.0 | 75.5 | 38.8 | 133.1 | 70.3 | 78.1 | 66.5 | 87.0 | 6 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | -2.2 | -1.2 | 6.1 | -0.5 | -9.6 | 15.3 | -14.7 | 20.9 | 3.0 | 7 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 70.9 | 57.7 | 30.2 | 4.9 | 127.6 | 47.3 | 33.5 | -9.5 | 49.7 | 8 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | 8.7 | 14.6 | 8.8 | -2.7 | 18.3 | 19.6 | 3.6 | 1.4 | 10.7 | 9 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0.7 | 0.8 | -1.1 | -2.4 | 2.6 | -3.8 | -0.2 | -0.1 | -0.4 | 10 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -25.4 | -2.0 | 31.4 | 39.4 | -5.8 | -8.1 | 55.9 | 54.0 | 24.0 | 11 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | -7.6 | 5.6 | -0.4 | 13.0 | -0.7 | 2.6 | -1.0 | -2.8 | -0.5 | 12 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -61.9 | -27.6 | -92.9 | -115.6 | 87.4 | -122.4 | -96.5 | -95.8 | -56.8 | 13 |
| State and local government employee defined benefit retirement funds; mutual fund shares; asset | FA223064243 | 9.5 | 29.9 | -9.7 | -50.7 | 62.5 | -63.3 | 10.9 | 8.9 | 4.7 | 14 |
| State and local government employee defined benefit retirement funds; miscellaneous assets | FA223090045 | 253.9 | 155.4 | 248.3 | 347.4 | -33.8 | 317.2 | 266.3 | 217.8 | 191.9 | 15 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FA223073045 | 210.6 | 149.8 | 229.2 | 358.9 | 6.9 | 286.5 | 235.0 | 210.5 | 184.8 | 16 |
| State and local government employee defined benefit retirement funds; unidentified miscellaneous assets | FA223093043 | 43.3 | 5.6 | 19.1 | -11.5 | -40.7 | 30.7 | 31.3 | 7.3 | 7.1 | 17 |
| State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) | FA224190043 | 233.1 | 230.4 | 231.6 | 232.0 | 231.6 | 231.6 | 231.6 | 231.6 | 231.6 | 18 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Unfunded defined benefit pension entitlements.
Last Update: March 12, 2020