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 | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined benefit retirement funds; total financial assets (1) | FA224090045 | 229.7 | 229.0 | 226.4 | 228.7 | 230.8 | 230.0 | 230.0 | 230.1 | 230.1 | 1 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | -1.7 | 2.5 | 7.1 | 23.7 | 6.2 | -27.0 | 10.1 | -22.8 | -8.4 | 2 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | -0.4 | 4.4 | 0.5 | 6.3 | 0.9 | 10.0 | -1.1 | -3.1 | 1.7 | 3 |
| State and local government employee defined benefit retirement funds; money market fund shares; asset | FA223034043 | -2.0 | -0.7 | 14.2 | -24.3 | 2.1 | 5.2 | 32.5 | 1.7 | 10.4 | 4 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | -0.2 | 3.3 | 1.1 | -0.8 | 30.8 | -18.1 | -2.2 | -5.6 | 1.2 | 5 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 56.9 | -37.3 | 31.5 | -196.1 | 154.3 | -138.7 | -142.1 | -144.5 | -67.7 | 6 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | -1.9 | -6.1 | 13.0 | -7.1 | -26.1 | -4.0 | 11.2 | -29.9 | -12.2 | 7 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 52.8 | 3.7 | 32.2 | 76.9 | -110.3 | 16.2 | -201.5 | -306.8 | -150.6 | 8 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | 12.7 | 15.8 | 13.7 | 23.7 | 67.5 | -41.8 | 15.9 | 151.1 | 48.2 | 9 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0.7 | -0.9 | -3.5 | 0.0 | 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 | -7.5 | -49.8 | -23.9 | -289.6 | 223.2 | -109.1 | 32.3 | 41.2 | 46.9 | 11 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 5.4 | -1.1 | 2.1 | -1.0 | -2.7 | -2.7 | 1.3 | 4.3 | 0.1 | 12 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -82.3 | -197.3 | -86.1 | -114.4 | -414.0 | -174.6 | 128.8 | -398.6 | -214.6 | 13 |
| State and local government employee defined benefit retirement funds; mutual fund shares; asset | FA223064243 | 26.0 | -5.6 | -73.1 | 106.8 | 101.5 | -157.6 | -19.4 | 101.2 | 6.4 | 14 |
| State and local government employee defined benefit retirement funds; miscellaneous assets | FA223090045 | 227.9 | 460.7 | 329.0 | 428.6 | 351.5 | 733.5 | 222.3 | 697.4 | 501.1 | 15 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FA223073045 | 224.9 | 193.6 | 306.3 | 168.0 | 71.6 | 228.3 | 235.5 | 429.5 | 241.1 | 16 |
| State and local government employee defined benefit retirement funds; unidentified miscellaneous assets | FA223093043 | 3.0 | 267.1 | 22.7 | 260.6 | 279.9 | 505.3 | -13.2 | 267.9 | 260.0 | 17 |
| State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) | FA224190043 | 229.7 | 229.0 | 226.4 | 228.7 | 230.8 | 230.0 | 230.0 | 230.0 | 230.1 | 18 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Unfunded defined benefit pension entitlements.
Last Update: December 10, 2020