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 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 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 | 0.7 | 0.7 | 0.7 | 1 |
| Pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA595013005 | 0.5 | 0.7 | 0.7 | 0.8 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 2 |
| Pension funds; total financial assets (2) | FA594090005 | 337.0 | 477.4 | 402.9 | 407.0 | 438.6 | 388.1 | 377.1 | 424.2 | 353.8 | 3 |
| Pension funds; checkable deposits and currency; asset | FA593020005 | -0.8 | -5.6 | 0.9 | 4.5 | 9.5 | -6.5 | -0.3 | 15.5 | 48.7 | 4 |
| Pension funds; total time and savings deposits; asset | FA593030005 | -0.2 | 3.3 | 0.8 | 1.2 | 2.1 | 0.1 | 0.7 | 1.8 | 8.5 | 5 |
| Pension funds; money market fund shares; asset | FA593034005 | 15.5 | -2.4 | 2.1 | 7.9 | 19.0 | -13.9 | -2.8 | 29.5 | 100.5 | 6 |
| Pension funds; security repurchase agreements; asset | FA592051005 | 0.9 | 0.2 | -0.0 | 0.5 | 1.4 | -1.2 | -0.5 | 2.2 | 1.5 | 7 |
| Pension funds; debt securities; asset | FA594022005 | 156.2 | 115.0 | 555.9 | 276.0 | -638.9 | 60.7 | 1436.5 | 245.8 | 694.1 | 8 |
| Pension funds; commercial paper; asset | FA593069105 | 11.2 | 1.6 | 0.3 | 6.1 | 17.0 | -13.8 | -4.8 | 26.1 | -17.1 | 9 |
| Pension funds; Treasury securities; asset (3) | FA593061105 | 170.0 | 33.5 | 426.9 | 158.1 | -768.1 | -62.7 | 1303.2 | 159.8 | 304.1 | 10 |
| Pension funds; agency- and GSE-backed securities; asset | FA593061705 | 10.9 | 34.2 | 46.8 | 25.3 | 58.3 | 27.4 | -2.6 | 18.3 | 170.4 | 11 |
| Pension funds; municipal securities; asset | FA593062045 | 0.2 | 0.7 | 0.8 | -1.0 | -3.8 | -0.2 | -0.1 | 0.0 | -3.1 | 12 |
| Pension funds; corporate and foreign bonds; asset | FA593063005 | -36.2 | 45.0 | 81.2 | 87.5 | 57.6 | 110.0 | 140.8 | 41.6 | 239.8 | 13 |
| Pension funds; loans; asset | FA594023005 | 6.8 | 148.5 | -143.5 | 18.6 | 865.9 | 6.5 | -766.6 | -31.2 | 9.3 | 14 |
| Federal government defined contribution retirement funds; other loans and advances; liability | FA313169003 | 0.0 | 151.7 | -151.7 | 15.8 | 861.3 | 5.7 | -774.6 | -29.0 | -0.6 | 15 |
| Pension funds; total mortgages; asset | FA593065005 | 6.8 | -3.2 | 8.1 | 2.8 | 4.6 | 0.8 | 8.0 | -2.2 | 9.9 | 16 |
| Pension funds; corporate equities; asset | FA593064105 | -212.6 | -108.5 | -147.6 | -206.3 | -264.7 | -198.0 | -52.3 | -310.3 | -476.9 | 17 |
| Pension funds; mutual fund shares; asset | FA593064205 | -32.1 | 42.4 | 34.3 | -5.4 | -15.9 | 17.8 | -146.5 | 123.1 | -261.1 | 18 |
| Pension funds; total miscellaneous assets | FA593090005 | 403.3 | 284.7 | 100.1 | 309.9 | 460.3 | 522.7 | -91.2 | 347.9 | 229.2 | 19 |
| Pension funds; unallocated insurance contracts; asset (4) | FA593095005 | 33.8 | 7.8 | -3.3 | 21.4 | 43.5 | 22.0 | 11.2 | 8.9 | -43.2 | 20 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | 8.8 | 19.2 | 12.2 | 10.6 | 14.2 | 8.2 | 11.8 | 8.3 | 32.2 | 21 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FA593073005 | 297.1 | 139.5 | 22.8 | 194.2 | 328.3 | 416.4 | -147.5 | 179.6 | 328.3 | 22 |
| Pension funds; unidentified miscellaneous assets | FA593093005 | 63.7 | 118.2 | 68.4 | 83.7 | 74.3 | 76.2 | 33.3 | 151.1 | -88.0 | 23 |
| Pension funds; total liabilities | FA594190005 | 337.1 | 477.5 | 403.0 | 407.1 | 438.7 | 388.2 | 377.2 | 424.3 | 353.8 | 24 |
| Households and nonprofit organizations; retirement assets (6) | FA153050015 | 509.1 | 899.3 | 858.2 | 662.4 | 518.5 | 613.2 | 900.6 | 617.2 | ND | 25 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FA594190045 | 285.9 | 260.8 | 249.6 | 263.0 | 262.0 | 264.3 | 263.2 | 262.5 | 261.6 | 26 |
| Defined contribution pension funds; total financial assets | FA594090055 | 51.1 | 216.7 | 153.4 | 144.1 | 176.7 | 123.9 | 114.0 | 161.8 | 92.3 | 27 |
| All sectors; IRAs; liability (7) | FA893131573 | 193.4 | 443.5 | 412.6 | 290.4 | 159.5 | 221.1 | 461.6 | 319.4 | ND | 28 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (8) | FA543150015 | -21.4 | -21.7 | 42.5 | -35.1 | -79.7 | 3.9 | 61.8 | -126.4 | 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.
- Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; 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: June 11, 2020