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 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pension funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA596330005 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 1 |
| Pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA595013005 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 2 |
| Pension funds; total financial assets (2) | FA594090005 | 302.7 | 405.4 | 450.0 | 393.7 | 388.3 | 389.4 | 357.8 | 395.0 | 373.0 | 3 |
| Pension funds; checkable deposits and currency; asset | FA593020005 | -6.9 | 2.5 | 6.9 | 24.5 | 5.9 | -27.3 | 10.8 | -23.1 | -8.6 | 4 |
| Pension funds; total time and savings deposits; asset | FA593030005 | -5.4 | 4.2 | -0.1 | 7.8 | -0.1 | 9.1 | -0.6 | -4.1 | 0.9 | 5 |
| Pension funds; money market fund shares; asset | FA593034005 | -2.8 | 0.9 | 14.6 | -20.6 | 3.6 | 5.8 | 45.0 | 2.1 | 10.9 | 6 |
| Pension funds; security repurchase agreements; asset | FA592051005 | -0.7 | 3.2 | 1.1 | -0.7 | 30.7 | -18.2 | -2.2 | -5.7 | 1.1 | 7 |
| Pension funds; debt securities; asset | FA594022005 | 448.5 | 164.5 | -693.8 | -414.1 | 1627.8 | 138.3 | 95.4 | 159.3 | 203.7 | 8 |
| Pension funds; commercial paper; asset | FA593069105 | -7.2 | -6.3 | 12.3 | -5.4 | -27.2 | -4.9 | 12.0 | -30.9 | -13.0 | 9 |
| Pension funds; Treasury securities; asset (3) | FA593061105 | 388.3 | 147.1 | -777.5 | -50.2 | 1234.2 | 181.9 | 20.6 | -60.1 | 15.0 | 10 |
| Pension funds; agency- and GSE-backed securities; asset | FA593061705 | 25.5 | 33.5 | 36.3 | 10.2 | 101.1 | -13.5 | 27.8 | 91.5 | 77.0 | 11 |
| Pension funds; municipal securities; asset | FA593062045 | 0.7 | -0.9 | -3.5 | 0.0 | -0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 12 |
| Pension funds; corporate and foreign bonds; asset | FA593063005 | 41.2 | -8.9 | 38.6 | -368.7 | 319.7 | -25.3 | 35.0 | 158.7 | 124.7 | 13 |
| Pension funds; loans; asset | FA594023005 | -149.1 | 16.1 | 864.5 | 5.8 | -775.6 | -30.4 | 3.3 | -57.3 | 1.5 | 14 |
| Federal government; other loans and advances due to federal government defined contribution retirement funds; liability | FA313169003 | -151.7 | 15.8 | 861.3 | 5.7 | -774.6 | -29.0 | -0.6 | -62.8 | 0.0 | 15 |
| Pension funds; total mortgages; asset | FA593065005 | 2.6 | 0.2 | 3.3 | 0.1 | -1.1 | -1.4 | 3.9 | 5.5 | 1.5 | 16 |
| Pension funds; corporate equities; asset | FA593064105 | -183.9 | -211.0 | -138.4 | 62.9 | -518.2 | -250.2 | 185.5 | -410.0 | -302.3 | 17 |
| Pension funds; mutual fund shares; asset | FA593064205 | -11.7 | -43.6 | -68.0 | 125.2 | -10.0 | -221.4 | -183.3 | 35.4 | -86.1 | 18 |
| Pension funds; total miscellaneous assets | FA593090005 | 214.6 | 468.6 | 463.3 | 603.0 | 24.2 | 783.8 | 204.0 | 698.4 | 551.7 | 19 |
| Pension funds; unallocated insurance contracts; asset (4) | FA593095005 | 3.8 | 7.0 | 9.3 | 11.7 | 2.2 | 4.6 | -17.9 | 28.0 | 1.5 | 20 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | -34.6 | -0.9 | -6.0 | 22.0 | -10.3 | -9.1 | 12.5 | -10.5 | -7.2 | 21 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FA593073005 | 253.0 | 144.8 | 392.8 | 263.2 | -308.2 | 231.3 | 121.9 | 368.2 | 243.5 | 22 |
| Pension funds; unidentified miscellaneous assets | FA593093005 | -7.7 | 317.7 | 67.1 | 306.2 | 340.5 | 557.0 | 87.4 | 312.7 | 313.9 | 23 |
| Pension funds; total liabilities | FA594190005 | 302.7 | 405.4 | 450.0 | 393.7 | 388.3 | 389.4 | 357.8 | 394.9 | 372.9 | 24 |
| Households and nonprofit organizations; retirement assets (6) | FA153050015 | 750.5 | 686.1 | 559.8 | 628.9 | 916.7 | 638.8 | 554.6 | 430.2 | ND | 25 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FA594190045 | 275.1 | 273.8 | 276.2 | 279.2 | 275.5 | 264.1 | 263.1 | 261.9 | 263.6 | 26 |
| Defined contribution pension funds; total financial assets | FA594090055 | 27.5 | 131.6 | 173.8 | 114.5 | 112.8 | 125.3 | 94.7 | 133.0 | 109.3 | 27 |
| All sectors; IRAs; liability (7) | FA893131573 | 412.6 | 290.4 | 159.5 | 221.1 | 461.6 | 319.4 | -57.3 | 226.2 | ND | 28 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (8) | FA543150015 | 35.2 | -9.7 | -49.7 | 14.1 | 66.8 | -70.1 | 254.1 | -190.8 | 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: December 10, 2020