Financial Accounts of the United States - Z.1
L.118.b Private Pension Funds Defined Benefit Plans
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2017 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FL574090045 | 3479.4 | 3484.0 | 3498.2 | 3490.0 | 3495.1 | 3498.3 | 3498.2 | 3498.1 | 3498.0 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FL573020043 | 9.8 | 8.9 | 8.7 | 8.8 | 9.0 | 8.9 | 8.7 | 8.9 | 9.0 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FL573030043 | 31.2 | 26.0 | 25.7 | 25.8 | 26.2 | 25.9 | 25.7 | 26.1 | 26.2 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FL573034043 | 37.3 | 31.1 | 30.7 | 30.9 | 31.3 | 31.0 | 30.7 | 31.2 | 31.3 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FL572051043 | 2.9 | 2.5 | 2.4 | 2.4 | 2.5 | 2.4 | 2.4 | 2.5 | 2.5 | 5 |
| Private defined benefit pension funds; debt securities; asset | LM574022045 | 980.7 | 1000.4 | 1115.4 | 1051.5 | 1039.6 | 1090.0 | 1115.4 | 1089.5 | 1134.4 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FL573069143 | 34.0 | 28.3 | 28.0 | 28.1 | 28.5 | 28.2 | 28.0 | 28.4 | 28.5 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | LM573061143 | 214.3 | 225.4 | 246.1 | 234.7 | 228.7 | 242.0 | 246.1 | 252.3 | 247.0 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | LM573061743 | 120.6 | 126.7 | 137.2 | 131.5 | 127.4 | 133.6 | 137.2 | 134.3 | 124.7 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | LM573063043 | 611.8 | 620.0 | 704.1 | 657.2 | 654.9 | 686.3 | 704.1 | 674.5 | 734.1 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FL573065043 | 15.8 | 14.3 | 14.3 | 14.3 | 14.3 | 14.3 | 14.3 | 14.3 | 14.3 | 11 |
| Private defined benefit pension funds; corporate equities; asset | LM573064143 | 1210.9 | 1055.5 | 1316.4 | 1178.6 | 1260.8 | 1238.1 | 1316.4 | 1048.5 | 1285.0 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | LM573064243 | 411.5 | 344.9 | 394.4 | 370.4 | 397.1 | 385.0 | 394.4 | 350.4 | 408.0 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FL573090045 | 779.3 | 1000.4 | 590.2 | 807.2 | 714.4 | 702.7 | 590.2 | 926.6 | 587.4 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FL573095405 | 62.2 | 62.8 | 70.7 | 66.8 | 67.0 | 68.0 | 70.7 | 63.5 | 69.3 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FL573074043 | 83.3 | 46.8 | 42.4 | 44.6 | 49.2 | 45.6 | 42.4 | 48.0 | 49.3 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FL573073005 | 326.7 | 590.0 | 175.7 | 394.8 | 297.8 | 288.2 | 175.7 | 514.5 | 168.3 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FL573093043 | 307.0 | 300.8 | 301.4 | 301.1 | 300.4 | 300.9 | 301.4 | 300.6 | 300.4 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) (4) | FL574190043 | 3516.0 | 3520.6 | 3534.7 | 3526.5 | 3531.6 | 3534.8 | 3534.7 | 3534.6 | 3534.5 | 19 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.
- Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
- Actuarial value of accrued defined benefit pension entitlements.
Last Update: September 21, 2020