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 | 2019 | 2020 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee defined benefit retirement funds; total financial assets (1) | FA224090045 | 232.0 | 235.5 | 236.4 | 237.1 | 236.4 | 236.4 | 236.4 | 236.4 | 236.4 | 1 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | 4.0 | 6.0 | 9.4 | 4.6 | 27.5 | -12.8 | 4.4 | 32.9 | 13.0 | 2 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | 4.3 | -2.0 | -0.1 | -1.3 | 0.0 | 0.0 | 0.6 | -1.0 | -0.1 | 3 |
| State and local government employee defined benefit retirement funds; money market fund shares; asset | FA223034043 | 2.1 | 0.2 | 8.5 | 3.7 | -26.0 | 8.4 | -5.7 | 29.6 | 1.6 | 4 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | 3.2 | 1.1 | 12.0 | -5.0 | 19.8 | 42.2 | 24.6 | -32.2 | 13.6 | 5 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | -152.2 | 74.6 | 192.0 | 109.3 | 204.0 | 246.8 | 279.6 | 47.7 | 194.1 | 6 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | -4.8 | -3.8 | 10.5 | -0.3 | -6.5 | 26.9 | 12.3 | -4.2 | 7.1 | 7 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | -36.6 | 1.0 | 122.3 | 110.6 | 170.4 | 68.3 | 177.3 | 112.1 | 131.7 | 8 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | 20.6 | 24.2 | 18.6 | 46.3 | -6.1 | 20.7 | -2.5 | 42.6 | 13.6 | 9 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | -1.0 | 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 | -130.4 | 53.2 | 40.6 | -47.3 | 46.2 | 130.9 | 92.6 | -102.8 | 41.6 | 11 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | -1.5 | -0.9 | 0.7 | 0.9 | -2.4 | 2.0 | -0.3 | 0.9 | 0.0 | 12 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -23.7 | -30.3 | -257.7 | 125.3 | -125.3 | -164.7 | -270.1 | -337.2 | -258.7 | 13 |
| State and local government employee defined benefit retirement funds; mutual fund shares; asset | FA223064243 | 5.8 | 10.1 | -19.3 | -5.2 | 98.7 | -88.2 | -32.3 | 39.0 | 4.3 | 14 |
| State and local government employee defined benefit retirement funds; miscellaneous assets | FA223090045 | 389.9 | 176.8 | 290.9 | 4.8 | 39.9 | 202.7 | 235.5 | 456.8 | 268.7 | 15 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FA223073045 | 202.6 | 256.7 | 256.7 | 256.7 | 256.7 | 256.7 | 256.7 | 256.7 | 256.6 | 16 |
| State and local government employee defined benefit retirement funds; unidentified miscellaneous assets | FA223093043 | 187.3 | -79.9 | 34.3 | -251.9 | -216.8 | -54.0 | -21.1 | 200.1 | 12.0 | 17 |
| State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) | FA224190043 | 231.9 | 235.4 | 236.3 | 237.0 | 236.3 | 236.3 | 236.3 | 236.3 | 236.3 | 18 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Unfunded defined benefit pension entitlements.
Last Update: March 10, 2022