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 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Federal government defined benefit retirement funds; total financial assets (2) | FL344090045 | 3583.4 | 3689.7 | 3606.1 | 3633.8 | 3661.4 | 3689.7 | 3717.6 | 3744.6 | 3771.9 | 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 defined benefit retirement funds; debt securities; asset | LM344022045 | 1893.4 | 1994.6 | 1881.9 | 1871.6 | 1907.7 | 1994.6 | 1988.7 | 2000.6 | 1989.4 | 3 |
| Federal government defined benefit retirement funds; Treasury securities; asset (3) | LM343061165 | 1887.7 | 1989.3 | 1877.1 | 1866.5 | 1902.7 | 1989.3 | 1983.1 | 1994.9 | 1983.7 | 4 |
| Federal government retirement funds; agency- and GSE-backed securities held by National Railroad Retirement Investment Trust; asset | LM343061733 | 1.1 | 0.8 | 0.9 | 1.0 | 0.8 | 0.8 | 0.9 | 0.9 | 0.9 | 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 held by National Railroad Retirement Investment Trust; asset | LM343063033 | 4.7 | 4.5 | 3.8 | 4.1 | 4.2 | 4.5 | 4.6 | 4.8 | 4.8 | 7 |
| Federal government retirement funds; corporate equities held by National Railroad Retirement Investment Trust; asset | LM343064135 | 15.4 | 15.6 | 12.7 | 13.7 | 14.8 | 15.6 | 16.2 | 16.6 | 16.7 | 8 |
| 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 | 9 |
| Federal government defined benefit retirement funds; pension entitlements (total liabilities) (5) | FL344190045 | 3583.4 | 3689.7 | 3606.1 | 3633.8 | 3661.4 | 3689.7 | 3717.6 | 3744.6 | 3771.9 | 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 9, 2021