Financial Accounts of the United States - Z.1
L.119 Federal Government Employee Retirement Funds
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Federal government retirement funds; total financial assets (1) | FL344090005 | 4222.7 | 4424.3 | 4171.1 | 4276.0 | 4336.9 | 4424.3 | 4479.2 | 4546.8 | 4569.3 | 1 |
| Federal government retirement funds; checkable deposits and currency held by National Railroad Retirement Investment Trust; asset | FL343020033 | 0.7 | 0.9 | 0.7 | 0.8 | 0.8 | 0.9 | 0.9 | 0.9 | 1.0 | 2 |
| Federal government retirement funds; debt securities; asset | LM344022005 | 2177.4 | 2326.5 | 2181.6 | 2185.0 | 2232.0 | 2326.5 | 2317.5 | 2332.4 | 2141.7 | 3 |
| Federal government retirement funds; Treasury securities; asset (2) | LM343061105 | 2151.3 | 2297.4 | 2157.8 | 2158.7 | 2204.5 | 2297.4 | 2289.7 | 2304.3 | 2113.9 | 4 |
| Federal government retirement funds; agency- and GSE-backed securities; asset | LM343061705 | 10.5 | 11.7 | 10.1 | 10.7 | 11.0 | 11.7 | 11.3 | 11.3 | 11.2 | 5 |
| Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset | LM343062033 | 0.1 | 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; asset | LM343063005 | 15.6 | 17.3 | 13.7 | 15.6 | 16.5 | 17.3 | 16.5 | 16.7 | 16.5 | 7 |
| Federal government; other loans and advances due to federal government defined contribution retirement funds; liability (3) | FL313169003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 180.6 | 8 |
| Federal government retirement funds; corporate equities; asset | LM343064105 | 370.7 | 418.4 | 277.9 | 342.5 | 366.0 | 418.4 | 448.9 | 487.0 | 481.3 | 9 |
| Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset (4) | FL343073045 | 1673.9 | 1678.6 | 1710.8 | 1747.7 | 1738.1 | 1678.6 | 1711.9 | 1726.4 | 1764.8 | 10 |
| Federal government retirement funds; total financial assets (5) | FL344090005 | 4222.7 | 4424.3 | 4171.1 | 4276.0 | 4336.9 | 4424.3 | 4479.2 | 4546.8 | 4569.3 | 11 |
| Federal government defined benefit retirement funds; total financial assets | FL344090045 | 3583.4 | 3689.7 | 3606.1 | 3633.8 | 3661.4 | 3689.7 | 3717.6 | 3744.6 | 3771.9 | 12 |
| Federal government defined benefit retirement funds; total funded assets (6) | FL342000075 | 1909.5 | 2011.1 | 1895.3 | 1886.1 | 1923.4 | 2011.1 | 2005.7 | 2018.2 | 2007.1 | 13 |
| Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset | FL343073045 | 1673.9 | 1678.6 | 1710.8 | 1747.7 | 1738.1 | 1678.6 | 1711.9 | 1726.4 | 1764.8 | 14 |
| Federal government defined benefit retirement funds; total financial assets (7) | FL344090045 | 3583.4 | 3689.7 | 3606.1 | 3633.8 | 3661.4 | 3689.7 | 3717.6 | 3744.6 | 3771.9 | 15 |
| Federal government defined contribution retirement funds; total financial assets (8) | FL344090055 | 639.3 | 734.6 | 565.0 | 642.2 | 675.5 | 734.6 | 761.5 | 802.2 | 797.4 | 16 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Comprised primarily of nonmarketable Treasury securities.
- Suspended investments in the Thrift Savings Plan G Fund by the Treasury.
- Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
- Actuarial value of projected pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
- Total defined benefit financial assets less defined benefit claims of pension fund on sponsor.
- Additional detail on defined benefit plans is available on table L.119.b.
- Additional detail on defined contribution plans is available on table L.119.c.
Last Update: December 9, 2021