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 | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pension funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA596330005 | 0.7 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 1 |
| Pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA595013005 | 0.9 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 2 |
| Pension funds; total financial assets (2) | FA594090005 | 485.0 | 295.8 | 413.2 | 481.4 | 393.7 | 388.2 | 389.4 | 303.8 | 378.8 | 3 |
| Pension funds; checkable deposits and currency; asset | FA593020005 | -5.6 | -6.9 | 2.9 | 6.9 | 24.5 | 5.3 | -25.2 | 1.1 | 1.3 | 4 |
| Pension funds; total time and savings deposits; asset | FA593030005 | 3.3 | -5.4 | 4.5 | -0.1 | 7.8 | 0.2 | 10.0 | 1.9 | 5.0 | 5 |
| Pension funds; money market fund shares; asset | FA593034005 | -2.4 | -2.8 | 1.4 | 14.6 | -20.6 | 4.6 | 6.8 | 50.2 | 7.6 | 6 |
| Pension funds; security repurchase agreements; asset | FA592051005 | 0.2 | -0.7 | 3.7 | 1.1 | -0.7 | 32.7 | -18.2 | -0.3 | 3.4 | 7 |
| Pension funds; debt securities; asset | FA594022005 | 115.0 | 448.5 | 101.2 | -693.8 | -397.0 | 1401.7 | 93.7 | 230.6 | -14.5 | 8 |
| Pension funds; commercial paper; asset | FA593069105 | 1.6 | -7.2 | -5.5 | 12.3 | -5.4 | -25.2 | -3.9 | 17.3 | -4.2 | 9 |
| Pension funds; Treasury securities; asset (3) | FA593061105 | 33.5 | 388.3 | 135.2 | -777.5 | -43.0 | 1157.4 | 204.2 | 57.7 | 151.0 | 10 |
| Pension funds; agency- and GSE-backed securities; asset | FA593061705 | 34.2 | 25.5 | 43.7 | 36.3 | 10.2 | 130.7 | -2.2 | 9.1 | -115.9 | 11 |
| Pension funds; municipal securities; asset | FA593062045 | 0.7 | 0.7 | -0.9 | -3.5 | 0.0 | -0.0 | 0.0 | -0.0 | 0.0 | 12 |
| Pension funds; corporate and foreign bonds; asset | FA593063005 | 45.0 | 41.2 | -71.4 | 38.6 | -358.7 | 138.9 | -104.5 | 146.6 | -45.4 | 13 |
| Pension funds; loans; asset | FA594023005 | 148.5 | -149.1 | 16.6 | 864.5 | 5.8 | -774.1 | -29.6 | 5.9 | -61.9 | 14 |
| Federal government; other loans and advances due to federal government defined contribution retirement funds; liability | FA313169003 | 151.7 | -151.7 | 15.8 | 861.3 | 5.7 | -774.6 | -29.0 | -0.6 | -62.8 | 15 |
| Pension funds; total mortgages; asset | FA593065005 | -3.2 | 2.6 | 0.8 | 3.3 | 0.1 | 0.4 | -0.6 | 6.4 | 0.9 | 16 |
| Pension funds; corporate equities; asset | FA593064105 | -108.5 | -183.9 | -234.8 | -138.4 | 207.9 | -558.3 | -450.3 | 584.6 | 15.5 | 17 |
| Pension funds; mutual fund shares; asset | FA593064205 | 42.4 | -11.7 | -32.8 | -68.0 | 125.2 | 11.1 | -199.6 | -148.5 | -9.3 | 18 |
| Pension funds; total miscellaneous assets | FA593090005 | 292.3 | 207.7 | 550.6 | 494.6 | 440.9 | 265.1 | 1001.7 | -421.6 | 431.7 | 19 |
| Pension funds; unallocated insurance contracts; asset (4) | FA593095005 | 7.8 | -3.1 | 14.8 | 40.7 | 11.8 | 2.1 | 4.6 | -75.5 | 40.2 | 20 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | 19.2 | -34.6 | -0.9 | -6.0 | 22.0 | -10.3 | -9.1 | 29.7 | 7.7 | 21 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FA593073005 | 147.1 | 253.0 | 251.9 | 392.8 | 73.0 | 64.9 | 476.7 | -320.4 | 156.0 | 22 |
| Pension funds; unidentified miscellaneous assets | FA593093005 | 118.2 | -7.7 | 284.8 | 67.1 | 334.1 | 208.3 | 529.6 | -55.3 | 227.8 | 23 |
| Pension funds; total liabilities | FA594190005 | 485.1 | 295.8 | 413.2 | 481.4 | 393.7 | 388.2 | 389.4 | 303.8 | 378.7 | 24 |
| Households and nonprofit organizations; retirement assets (6) | FA153050015 | 908.1 | 749.0 | 687.8 | 560.0 | 629.6 | 918.9 | 642.8 | 565.1 | ND | 25 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FA594190045 | 268.4 | 275.1 | 273.8 | 276.2 | 279.2 | 275.5 | 264.1 | 263.1 | 261.9 | 26 |
| Defined contribution pension funds; total financial assets | FA594090055 | 216.7 | 20.6 | 139.4 | 205.1 | 114.5 | 112.7 | 125.3 | 40.7 | 116.8 | 27 |
| All sectors; IRAs; liability (7) | FA893131573 | 443.5 | 412.6 | 290.4 | 159.5 | 221.1 | 461.6 | 319.4 | -57.3 | ND | 28 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (8) | FA543150015 | -20.5 | 40.6 | -15.8 | -80.9 | 14.7 | 69.1 | -66.1 | 318.6 | 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: September 21, 2020