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 | 2018 | 2019 | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pension funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA596330005 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 1 |
| Pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA595013005 | 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 2 |
| Pension funds; total financial assets (2) | FA594090005 | 292.3 | 422.0 | 410.7 | 368.0 | 357.0 | 388.7 | 365.6 | 360.8 | 419.6 | 3 |
| Pension funds; checkable deposits and currency; asset | FA593020005 | -6.9 | 11.3 | 13.7 | 3.3 | -10.4 | 9.7 | 37.9 | -23.8 | 7.4 | 4 |
| Pension funds; total time and savings deposits; asset | FA593030005 | -5.4 | -11.2 | -4.4 | 1.5 | 2.5 | 0.5 | 0.1 | 2.9 | 3.8 | 5 |
| Pension funds; money market fund shares; asset | FA593034005 | -2.8 | 23.4 | 40.4 | 13.6 | 16.8 | 16.1 | 53.6 | -31.9 | 34.5 | 6 |
| Pension funds; security repurchase agreements; asset | FA592051005 | -0.7 | 16.5 | 6.4 | 27.3 | 45.7 | 30.0 | -27.5 | 60.7 | 26.3 | 7 |
| Pension funds; debt securities; asset | FA594022005 | 448.4 | 8.8 | 286.0 | 369.1 | 371.9 | 555.8 | -763.1 | 1311.9 | 599.2 | 8 |
| Pension funds; commercial paper; asset | FA593069105 | -7.2 | -7.2 | -4.5 | 4.2 | 25.2 | 10.3 | -5.6 | -12.9 | 6.4 | 9 |
| Pension funds; Treasury securities; asset (3) | FA593061105 | 388.5 | 126.7 | 238.6 | 316.7 | 249.4 | 485.9 | -678.1 | 1209.5 | 497.9 | 10 |
| Pension funds; agency- and GSE-backed securities; asset | FA593061705 | 25.3 | 33.5 | 24.7 | -15.1 | -11.3 | -18.4 | 23.7 | -54.5 | 30.8 | 11 |
| Pension funds; municipal securities; asset | FA593062045 | 0.7 | -1.0 | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 12 |
| Pension funds; corporate and foreign bonds; asset | FA593063005 | 41.1 | -143.1 | 27.2 | 63.4 | 108.6 | 77.9 | -103.0 | 169.8 | 64.2 | 13 |
| Pension funds; loans; asset | FA594023005 | -149.1 | -2.1 | -6.0 | -1.7 | 0.3 | -3.8 | 719.8 | -723.0 | -3.7 | 14 |
| Federal government; other loans and advances due to federal government defined contribution retirement funds; liability | FA313169003 | -151.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 722.2 | -722.2 | 0.0 | 15 |
| Pension funds; total mortgages; asset | FA593065005 | 2.6 | -2.1 | -6.0 | -1.7 | 0.3 | -3.8 | -2.4 | -0.8 | -3.7 | 16 |
| Pension funds; corporate equities; asset | FA593064105 | -183.9 | -147.7 | -165.2 | -192.7 | -163.6 | -310.4 | -485.8 | 189.2 | -266.0 | 17 |
| Pension funds; mutual fund shares; asset | FA593064205 | -9.7 | 30.4 | -104.5 | -205.0 | -87.1 | -110.4 | -10.1 | -612.3 | -134.2 | 18 |
| Pension funds; total miscellaneous assets | FA593090005 | 202.3 | 492.5 | 344.3 | 352.5 | 180.8 | 201.2 | 840.7 | 187.2 | 152.4 | 19 |
| Pension funds; unallocated insurance contracts; asset (4) | FA593095005 | -4.6 | -2.3 | 2.6 | 5.4 | -9.7 | 17.0 | 1.3 | 12.8 | -13.4 | 20 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | -34.6 | -4.6 | -10.3 | -11.7 | -9.8 | -13.4 | -11.1 | -12.4 | -5.0 | 21 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FA593073005 | 249.1 | 244.3 | 283.0 | 206.7 | 205.2 | 154.7 | 512.2 | -45.4 | 157.6 | 22 |
| Pension funds; unidentified miscellaneous assets | FA593093005 | -7.7 | 255.1 | 69.1 | 152.1 | -5.0 | 42.9 | 338.2 | 232.3 | 13.3 | 23 |
| Pension funds; total liabilities | FA594190005 | 292.0 | 421.9 | 410.6 | 367.9 | 356.8 | 388.5 | 365.5 | 360.7 | 419.5 | 24 |
| Households and nonprofit organizations; retirement assets (6) | FA153050015 | 627.0 | 767.4 | 631.0 | 597.8 | 404.5 | 613.2 | 534.5 | 839.0 | ND | 25 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FA594190045 | 270.9 | 274.7 | 272.2 | 274.8 | 275.4 | 271.2 | 277.1 | 275.3 | 274.6 | 26 |
| Defined contribution pension funds; total financial assets | FA594090055 | 21.1 | 147.2 | 138.4 | 93.1 | 81.4 | 117.3 | 88.4 | 85.4 | 144.8 | 27 |
| All sectors; IRAs; liability (7) | FA893131573 | 291.4 | 345.0 | 163.9 | 289.0 | 148.2 | 384.0 | 71.5 | 552.3 | ND | 28 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (8) | FA543150015 | 43.6 | 0.6 | 56.6 | -59.1 | -100.6 | -159.4 | 97.5 | -74.0 | 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: June 9, 2022