Financial Accounts of the United States - Z.1
L.119.b Federal Government Employee Retirement Funds Defined Benefit Plans (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Federal government defined benefit retirement funds; total financial assets (2) | FL344090045 | 3417.9 | 3495.4 | 3437.0 | 3456.0 | 3474.9 | 3495.4 | 3511.7 | 3532.7 | 3553.2 | 1 |
| Federal government retirement funds; checkable deposits and currency held by National Railroad Retirement Investment Trust; asset | FL343020033 | 0.8 | 0.6 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 | 0.5 | 0.5 | 2 |
| Federal government defined benefit retirement funds; debt securities; asset | LM344022045 | 1780.9 | 1893.5 | 1740.9 | 1663.9 | 1797.5 | 1893.5 | 1882.0 | 1871.8 | 1908.5 | 3 |
| Federal government defined benefit retirement funds; Treasury securities; asset (3) | LM343061165 | 1775.8 | 1887.7 | 1735.5 | 1658.4 | 1791.9 | 1887.7 | 1877.1 | 1866.5 | 1903.0 | 4 |
| Federal government retirement funds; agency- and GSE-backed securities held by National Railroad Retirement Investment Trust; asset | LM343061733 | 0.9 | 1.1 | 1.0 | 1.0 | 1.0 | 1.1 | 0.9 | 1.0 | 1.0 | 5 |
| Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset | LM343062033 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 6 |
| Federal government retirement funds; corporate and foreign bonds held by National Railroad Retirement Investment Trust; asset | LM343063033 | 4.1 | 4.7 | 4.3 | 4.4 | 4.5 | 4.7 | 3.9 | 4.3 | 4.4 | 7 |
| Federal government retirement funds; corporate equities held by National Railroad Retirement Investment Trust; asset | LM343064135 | 14.1 | 15.5 | 14.8 | 15.1 | 14.9 | 15.5 | 12.9 | 14.1 | 14.5 | 8 |
| Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset (4) | FL343073045 | 1622.1 | 1585.8 | 1680.6 | 1776.4 | 1661.9 | 1585.8 | 1616.1 | 1646.2 | 1629.7 | 9 |
| Federal government defined benefit retirement funds; pension entitlements (total liabilities) (5) | FL344190045 | 3417.9 | 3495.4 | 3437.0 | 3456.0 | 3474.9 | 3495.4 | 3511.7 | 3532.7 | 3553.2 | 10 |
NOTES
- Includes Civil Service Retirement and Disability Fund, Railroad Retirement Board, judicial retirement fund, Military Retirement Fund, Foreign Service Retirement and Disability Fund, and the National Railroad Investment Trust.
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Comprised primarily of nonmarketable Treasury securities.
- Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
- Actuarial value of accrued pension entitlements in defined benefit plans. These liabilities are assets of the household sector.
Last Update: December 10, 2020