F.119.b Federal Government Employee Retirement Funds Defined Benefit Plans (1)
Billions of dollars
Description Series code 2018 2019 2020 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 2021 Q2 Line
Federal government defined benefit retirement funds; total financial assets (2) FA344090045 73.5 77.5 79.2 78.6 78.0 80.5 79.8 81.5 77.3 1
Federal government retirement funds; checkable deposits and currency held by National Railroad Retirement Investment Trust; asset FA343020033 -0.2 -0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 2
Federal government defined benefit retirement funds; debt securities; asset FA344022045 124.6 112.0 100.9 123.4 147.5 74.3 58.4 153.3 231.2 3
Federal government defined benefit retirement funds; Treasury securities; asset (3) FA343061165 124.7 111.8 101.5 126.6 147.4 74.5 57.6 151.4 231.1 4
Federal government retirement funds; agency- and GSE-backed securities held by National Railroad Retirement Investment Trust; asset FA343061733 0.1 0.1 -0.2 -0.9 0.3 -0.6 0.2 0.2 0.1 5
Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset FA343062033 -0.0 0.0 -0.0 -0.0 0.0 -0.0 0.0 0.0 0.0 6
Federal government retirement funds; corporate and foreign bonds held by National Railroad Retirement Investment Trust; asset FA343063033 -0.2 0.1 -0.4 -2.3 -0.2 0.3 0.6 1.7 0.0 7
Federal government retirement funds; corporate equities held by National Railroad Retirement Investment Trust; asset FA343064135 -0.4 -1.6 -2.2 2.0 -2.8 -1.8 -6.3 -4.2 -3.9 8
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset (4) FA343073045 -50.4 -32.9 -19.6 -47.0 -66.9 7.8 27.5 -67.7 -150.1 9
Federal government defined benefit retirement funds; pension entitlements (total liabilities) FA344190045 73.5 77.5 79.2 78.6 78.0 80.5 79.8 81.5 77.3 10

NOTES

  1. 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.
  2. Includes claims on sponsor (i.e., unfunded pension entitlements).
  3. Comprised primarily of nonmarketable Treasury securities.
  4. Unfunded defined benefit pension entitlements.
Last Update: September 23, 2021