Financial Accounts of the United States - Z.1
L.119 Federal Government Employee Retirement Funds
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2017 | 2018 | 2019 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Federal government retirement funds; total financial assets (1) | FL344090005 | 3906.3 | 3979.1 | 4149.5 | 4010.0 | 3979.1 | 4040.4 | 4075.9 | 4100.0 | 4149.5 | 1 |
| Federal government retirement funds; checkable deposits and currency held by National Railroad Retirement Investment Trust; asset | FL343020033 | 1.0 | 0.8 | 0.6 | 0.8 | 0.8 | 0.7 | 0.7 | 0.6 | 0.6 | 2 |
| Federal government retirement funds; debt securities; asset | LM344022005 | 1753.7 | 2061.9 | 2176.8 | 1969.4 | 2061.9 | 1810.1 | 1738.3 | 2073.3 | 2176.8 | 3 |
| Federal government retirement funds; Treasury securities; asset (2) | LM343061105 | 1730.1 | 2039.2 | 2150.3 | 1946.6 | 2039.2 | 1786.1 | 1713.1 | 2047.2 | 2150.3 | 4 |
| Federal government retirement funds; agency- and GSE-backed securities; asset | LM343061705 | 9.3 | 9.2 | 10.6 | 9.3 | 9.2 | 9.6 | 10.1 | 10.5 | 10.6 | 5 |
| Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset | LM343062033 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 6 |
| Federal government retirement funds; corporate and foreign bonds; asset | LM343063005 | 14.2 | 13.4 | 15.9 | 13.5 | 13.4 | 14.3 | 15.1 | 15.6 | 15.9 | 7 |
| Federal government defined contribution retirement funds; other loans and advances; liability (3) | FL313169003 | 151.7 | 0.0 | 15.8 | 0.0 | 0.0 | 215.3 | 216.7 | 23.1 | 15.8 | 8 |
| Federal government retirement funds; corporate equities; asset | LM343064105 | 324.2 | 292.0 | 370.4 | 348.6 | 292.0 | 331.0 | 341.3 | 339.4 | 370.4 | 9 |
| Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset (4) | FL343073045 | 1675.7 | 1624.4 | 1585.9 | 1691.1 | 1624.4 | 1683.3 | 1778.9 | 1663.6 | 1585.9 | 10 |
| Federal government retirement funds; total financial assets (5) | FL344090005 | 3906.3 | 3979.1 | 4149.5 | 4010.0 | 3979.1 | 4040.4 | 4075.9 | 4100.0 | 4149.5 | 11 |
| Federal government defined benefit retirement funds; total financial assets | FL344090045 | 3348.9 | 3420.1 | 3495.2 | 3404.2 | 3420.1 | 3439.6 | 3458.4 | 3476.4 | 3495.2 | 12 |
| Federal government defined benefit retirement funds; total funded assets (6) | FL342000075 | 1673.2 | 1795.7 | 1909.3 | 1713.1 | 1795.7 | 1756.3 | 1679.5 | 1812.8 | 1909.3 | 13 |
| Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset | FL343073045 | 1675.7 | 1624.4 | 1585.9 | 1691.1 | 1624.4 | 1683.3 | 1778.9 | 1663.6 | 1585.9 | 14 |
| Federal government defined benefit retirement funds; total financial assets (7) | FL344090045 | 3348.9 | 3420.1 | 3495.2 | 3404.2 | 3420.1 | 3439.6 | 3458.4 | 3476.4 | 3495.2 | 15 |
| Federal government defined contribution retirement funds; total financial assets (8) | FL344090055 | 557.4 | 558.9 | 654.3 | 605.8 | 558.9 | 600.8 | 617.5 | 623.6 | 654.3 | 16 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Comprised primarily of nonmarketable Treasury securities.
- Suspended investments in the Thrift Savings Plan G Fund by the Treasury.
- Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
- Actuarial value of projected pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
- Total defined benefit financial assets less defined benefit claims of pension fund on sponsor.
- Additional detail on defined benefit plans is available on table L.119.b.
- Additional detail on defined contribution plans is available on table L.119.c.
Last Update: March 12, 2020