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 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined benefit retirement funds; total financial assets (1) | FA224090045 | 230.4 | 229.7 | 229.0 | 226.4 | 228.7 | 230.8 | 230.0 | 230.0 | 230.1 | 1 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | -10.4 | -1.7 | 2.9 | 7.1 | 23.7 | 5.6 | -24.9 | -0.2 | 1.0 | 2 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | -0.4 | -0.4 | 4.7 | 0.5 | 6.3 | 1.2 | 10.9 | 0.0 | 4.6 | 3 |
| State and local government employee defined benefit retirement funds; money market fund shares; asset | FA223034043 | -2.4 | -2.0 | -0.2 | 14.2 | -24.3 | 3.1 | 6.3 | 36.2 | 5.3 | 4 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | -0.2 | -0.2 | 3.7 | 1.1 | -0.8 | 32.8 | -18.1 | -0.5 | 3.3 | 5 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 52.5 | 56.9 | -100.6 | 31.5 | -178.9 | -71.8 | -183.3 | 7.6 | -206.6 | 6 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | -2.2 | -1.9 | -5.3 | 13.0 | -7.1 | -24.2 | -2.9 | 15.1 | -4.8 | 7 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 70.9 | 52.8 | -8.1 | 32.2 | 84.1 | -187.2 | 38.4 | -120.6 | -46.3 | 8 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | 8.7 | 12.7 | 26.0 | 13.7 | 23.7 | 97.1 | -30.5 | 20.3 | -72.4 | 9 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0.7 | 0.7 | -0.9 | -3.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 10 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -25.4 | -7.5 | -112.3 | -23.9 | -279.6 | 42.5 | -188.3 | 92.8 | -83.1 | 11 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | -7.6 | 5.4 | -0.5 | 2.1 | -1.0 | -1.2 | -1.9 | 4.0 | -0.1 | 12 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -61.9 | -82.3 | -221.1 | -86.1 | 30.6 | -454.1 | -374.7 | 520.8 | -69.3 | 13 |
| State and local government employee defined benefit retirement funds; mutual fund shares; asset | FA223064243 | 9.5 | 26.0 | 5.2 | -73.1 | 106.8 | 122.7 | -135.8 | -43.7 | 12.5 | 14 |
| State and local government employee defined benefit retirement funds; miscellaneous assets | FA223090045 | 251.2 | 227.9 | 534.8 | 329.0 | 266.4 | 592.5 | 951.5 | -294.0 | 479.3 | 15 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FA223073045 | 207.9 | 224.9 | 300.6 | 306.3 | -22.2 | 444.8 | 473.6 | -140.4 | 289.1 | 16 |
| State and local government employee defined benefit retirement funds; unidentified miscellaneous assets | FA223093043 | 43.3 | 3.0 | 234.2 | 22.7 | 288.6 | 147.7 | 477.9 | -153.6 | 190.1 | 17 |
| State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) | FA224190043 | 230.4 | 229.7 | 229.0 | 226.4 | 228.7 | 230.8 | 230.0 | 230.0 | 230.0 | 18 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Unfunded defined benefit pension entitlements.
Last Update: September 21, 2020