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 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pension funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA596330005 | 0.7 | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 1 |
| Pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA595013005 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 2 |
| Pension funds; total financial assets (2) | FA594090005 | 434.1 | 419.1 | 353.3 | 522.2 | 415.8 | 385.0 | 344.4 | 392.8 | 364.7 | 3 |
| Pension funds; checkable deposits and currency; asset | FA593020005 | 12.2 | 12.9 | 7.4 | 1.5 | 9.0 | 33.7 | -21.3 | 14.6 | 4.1 | 4 |
| Pension funds; total time and savings deposits; asset | FA593030005 | -10.9 | -9.5 | -5.4 | -13.7 | -9.3 | -9.7 | -5.3 | 4.7 | 0.2 | 5 |
| Pension funds; money market fund shares; asset | FA593034005 | 20.5 | 46.8 | 98.0 | 31.3 | 37.5 | 20.2 | 17.8 | 19.8 | 23.3 | 6 |
| Pension funds; security repurchase agreements; asset | FA592051005 | 16.8 | 6.4 | 1.8 | -4.2 | -0.3 | 28.4 | 43.6 | 42.4 | 3.1 | 7 |
| Pension funds; debt securities; asset | FA594022005 | 24.9 | 292.5 | 301.1 | 213.9 | 296.4 | 358.4 | 389.8 | 670.2 | -777.8 | 8 |
| Pension funds; commercial paper; asset | FA593069105 | -8.8 | -2.4 | 14.0 | -20.2 | -0.6 | -2.7 | 23.6 | 15.5 | -2.8 | 9 |
| Pension funds; Treasury securities; asset (3) | FA593061105 | 141.6 | 235.7 | 162.7 | 175.5 | 299.3 | 305.3 | 231.9 | 635.0 | -802.6 | 10 |
| Pension funds; agency- and GSE-backed securities; asset | FA593061705 | 34.2 | 58.1 | 76.4 | 23.6 | 100.2 | 32.3 | 26.6 | 68.3 | 23.8 | 11 |
| Pension funds; municipal securities; asset | FA593062045 | -1.0 | -0.0 | -0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12 |
| Pension funds; corporate and foreign bonds; asset | FA593063005 | -141.1 | 1.1 | 48.1 | 35.0 | -102.4 | 23.5 | 107.7 | -48.5 | 3.8 | 13 |
| Pension funds; loans; asset | FA594023005 | -1.6 | -6.0 | -4.8 | -8.1 | -3.8 | -7.3 | -2.5 | -1.3 | 719.0 | 14 |
| Federal government; other loans and advances due to federal government defined contribution retirement funds; liability | FA313169003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 722.2 | 15 |
| Pension funds; total mortgages; asset | FA593065005 | -1.6 | -6.0 | -4.8 | -8.1 | -3.8 | -7.3 | -2.5 | -1.3 | -3.3 | 16 |
| Pension funds; corporate equities; asset | FA593064105 | -202.1 | -142.4 | -99.1 | -232.3 | 29.3 | -267.4 | -183.8 | -270.6 | -149.2 | 17 |
| Pension funds; mutual fund shares; asset | FA593064205 | 22.0 | -89.3 | -216.3 | -61.7 | -114.0 | 34.6 | -190.1 | -58.5 | -40.6 | 18 |
| Pension funds; total miscellaneous assets | FA593090005 | 552.2 | 307.7 | 270.5 | 595.4 | 170.9 | 193.9 | 296.3 | -28.6 | 582.5 | 19 |
| Pension funds; unallocated insurance contracts; asset (4) | FA593095005 | 17.5 | 6.7 | -11.5 | 17.9 | 8.5 | 11.7 | -15.7 | 11.9 | -2.6 | 20 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | -4.6 | -10.0 | -2.7 | -11.3 | -11.6 | -14.2 | -9.0 | -14.6 | -12.9 | 21 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FA593073005 | 289.9 | 277.5 | 178.4 | 236.0 | 316.8 | 378.7 | 241.4 | 129.1 | 489.1 | 22 |
| Pension funds; unidentified miscellaneous assets | FA593093005 | 249.4 | 33.5 | 106.3 | 352.9 | -142.8 | -182.2 | 79.6 | -155.0 | 109.0 | 23 |
| Pension funds; total liabilities | FA594190005 | 433.9 | 418.9 | 353.2 | 522.0 | 415.7 | 384.9 | 344.3 | 392.7 | 364.6 | 24 |
| Households and nonprofit organizations; retirement assets (6) | FA153050015 | 664.2 | 623.9 | 532.0 | 669.3 | 566.6 | 727.4 | 314.3 | 588.6 | ND | 25 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FA594190045 | 274.7 | 271.8 | 271.7 | 269.8 | 273.4 | 272.2 | 273.9 | 269.7 | 275.6 | 26 |
| Defined contribution pension funds; total financial assets | FA594090055 | 159.2 | 147.2 | 81.5 | 252.3 | 142.3 | 112.7 | 70.4 | 123.0 | 89.0 | 27 |
| All sectors; IRAs; liability (7) | FA893131573 | 248.5 | 151.7 | -37.1 | 261.5 | 116.9 | 265.3 | 93.1 | 331.7 | ND | 28 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (8) | FA543150015 | -18.2 | 53.2 | 215.9 | -114.2 | 34.0 | 77.3 | -123.1 | -135.8 | 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 9, 2021