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 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined benefit retirement funds; total financial assets (1) | FA224090045 | 228.7 | 232.0 | 235.5 | 234.1 | 234.6 | 237.1 | 236.4 | 236.4 | 236.4 | 1 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | -1.7 | 4.9 | 4.7 | -3.6 | -6.1 | 1.5 | 26.9 | -18.4 | 1.2 | 2 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | -0.4 | 4.6 | -2.2 | -1.0 | -5.9 | -1.4 | -0.6 | 0.8 | -2.2 | 3 |
| State and local government employee defined benefit retirement funds; money market fund shares; asset | FA223034043 | -2.0 | -0.8 | 3.9 | 35.4 | -8.1 | -1.3 | -10.2 | 17.0 | -0.8 | 4 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | -0.2 | 3.5 | 1.1 | -2.0 | -9.8 | -5.9 | 22.2 | 47.3 | 16.7 | 5 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 56.9 | -135.1 | 52.4 | -21.5 | -34.3 | 105.0 | 160.3 | 178.0 | 126.7 | 6 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | -1.9 | -6.4 | -1.8 | 12.5 | -19.2 | 0.4 | -1.0 | 31.0 | 3.5 | 7 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 52.8 | -21.7 | -7.1 | -143.8 | -110.8 | 93.3 | 132.7 | 160.7 | 85.5 | 8 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | 12.7 | 21.3 | 27.0 | 22.4 | 38.7 | 56.5 | -9.8 | 11.9 | 30.2 | 9 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0.7 | 0.0 | 0.0 | 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 | -128.4 | 34.4 | 87.5 | 57.0 | -45.3 | 38.3 | -25.6 | 7.6 | 11 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | 5.4 | -0.9 | -0.6 | 1.8 | -3.1 | 1.3 | -2.5 | 2.4 | -0.6 | 12 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -82.3 | -28.1 | 22.0 | 123.2 | -152.2 | 175.3 | -58.4 | 30.8 | -63.3 | 13 |
| State and local government employee defined benefit retirement funds; mutual fund shares; asset | FA223064243 | 26.0 | -2.7 | 25.6 | -12.7 | -4.7 | -8.2 | 128.1 | -162.7 | -14.7 | 14 |
| State and local government employee defined benefit retirement funds; miscellaneous assets | FA223090045 | 226.9 | 386.6 | 128.6 | 114.3 | 458.6 | -29.1 | -29.4 | 141.2 | 173.4 | 15 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FA223073045 | 223.9 | 247.2 | 251.6 | 202.5 | 252.8 | 260.3 | 290.7 | 255.7 | 272.1 | 16 |
| State and local government employee defined benefit retirement funds; unidentified miscellaneous assets | FA223093043 | 3.0 | 139.4 | -123.0 | -88.2 | 205.8 | -289.4 | -320.2 | -114.6 | -98.7 | 17 |
| State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) | FA224190043 | 228.5 | 231.9 | 235.4 | 234.0 | 234.5 | 237.0 | 236.3 | 236.3 | 236.3 | 18 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Unfunded defined benefit pension entitlements.
Last Update: September 23, 2021