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 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined benefit retirement funds; total financial assets (1) | FA224090045 | 235.2 | 233.1 | 230.4 | 231.6 | 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 | 1.9 | -10.4 | -1.3 | 2.7 | 8.4 | -8.1 | -3.4 | 13.8 | 31.6 | 2 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | 0.5 | -0.4 | -0.3 | 0.2 | 0.6 | -0.6 | -0.3 | 1.0 | 0.6 | 3 |
| State and local government employee defined benefit retirement funds; money market fund shares; asset | FA223034043 | 12.9 | -2.4 | -1.3 | 5.3 | 16.8 | -16.2 | -6.7 | 27.5 | 63.3 | 4 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | 1.0 | -0.2 | -0.1 | 0.4 | 1.3 | -1.3 | -0.5 | 2.2 | 1.3 | 5 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 5.3 | 52.5 | 70.0 | 37.8 | 70.3 | 78.1 | -44.9 | 47.7 | 156.7 | 6 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | 11.7 | -2.2 | -1.2 | 4.9 | 15.3 | -14.7 | -6.1 | 25.1 | -2.3 | 7 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 48.1 | 70.9 | 57.7 | 2.9 | 47.3 | 33.5 | -88.5 | 19.3 | 8.7 | 8 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | -0.2 | 8.7 | 14.6 | -1.3 | 19.6 | 3.6 | -29.1 | 0.8 | 56.2 | 9 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0.2 | 0.7 | 0.8 | -1.0 | -3.8 | -0.2 | -0.1 | 0.0 | -3.1 | 10 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -54.5 | -25.4 | -2.0 | 32.3 | -8.1 | 55.9 | 79.1 | 2.5 | 97.3 | 11 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 6.5 | -7.6 | 5.6 | 0.6 | 2.6 | -1.0 | 4.9 | -4.1 | 1.8 | 12 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -93.5 | -61.9 | -27.6 | -112.4 | -122.4 | -96.5 | 33.6 | -264.4 | -298.2 | 13 |
| State and local government employee defined benefit retirement funds; mutual fund shares; asset | FA223064243 | 19.1 | 9.5 | 29.9 | -9.4 | -63.3 | 10.9 | -67.2 | 81.9 | -28.4 | 14 |
| State and local government employee defined benefit retirement funds; miscellaneous assets | FA223090045 | 281.5 | 253.9 | 155.4 | 306.4 | 317.2 | 266.3 | 316.0 | 326.1 | 302.9 | 15 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FA223073045 | 246.7 | 210.6 | 149.8 | 277.4 | 286.5 | 235.0 | 363.4 | 224.8 | 369.6 | 16 |
| State and local government employee defined benefit retirement funds; unidentified miscellaneous assets | FA223093043 | 34.9 | 43.3 | 5.6 | 29.0 | 30.7 | 31.3 | -47.4 | 101.3 | -66.7 | 17 |
| State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) | FA224190043 | 235.2 | 233.1 | 230.4 | 231.6 | 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: June 11, 2020