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 | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 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 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 1 |
| Pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA595013005 | 0.6 | 0.7 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 2 |
| Pension funds; total financial assets (2) | FA594090005 | 477.6 | 415.8 | 399.4 | 456.6 | 383.1 | 424.2 | 449.5 | 340.0 | 342.5 | 3 |
| Pension funds; checkable deposits and currency; asset | FA593020005 | 2.1 | 1.3 | -11.0 | 6.2 | 31.7 | -21.9 | 3.6 | 11.9 | 6.5 | 4 |
| Pension funds; total time and savings deposits; asset | FA593030005 | 0.3 | -5.5 | -4.9 | -5.5 | -7.3 | -4.2 | -15.3 | 2.0 | -7.2 | 5 |
| Pension funds; money market fund shares; asset | FA593034005 | 25.8 | 20.0 | 24.9 | 22.7 | 55.0 | -22.5 | 46.2 | 20.0 | 28.7 | 6 |
| Pension funds; security repurchase agreements; asset | FA592051005 | 3.7 | 30.0 | 48.2 | 30.9 | -26.3 | 67.3 | -34.6 | 14.1 | 6.4 | 7 |
| Pension funds; debt securities; asset | FA594022005 | 304.4 | 394.3 | 428.3 | 582.4 | -767.0 | 1333.6 | 442.9 | 297.0 | 221.8 | 8 |
| Pension funds; commercial paper; asset | FA593069105 | 1.8 | 7.8 | 28.2 | 13.6 | 4.1 | -14.5 | 36.2 | -3.0 | 5.9 | 9 |
| Pension funds; Treasury securities; asset (3) | FA593061105 | 149.4 | 295.1 | 240.9 | 469.2 | -770.4 | 1240.7 | 234.8 | 373.4 | 140.8 | 10 |
| Pension funds; agency- and GSE-backed securities; asset | FA593061705 | 39.0 | -1.5 | 7.7 | -9.1 | 30.2 | -34.7 | 50.9 | 1.7 | 26.1 | 11 |
| Pension funds; municipal securities; asset | FA593062045 | -0.0 | -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 | 114.1 | 92.9 | 151.5 | 108.8 | -30.8 | 142.1 | 121.0 | -75.1 | 49.0 | 13 |
| Pension funds; loans; asset | FA594023005 | 0.3 | 1.5 | 2.2 | -0.3 | 722.5 | -718.6 | -5.2 | 2.4 | 0.3 | 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 | 722.2 | -722.2 | 0.0 | 0.0 | 0.0 | 15 |
| Pension funds; total mortgages; asset | FA593065005 | 0.3 | 1.5 | 2.2 | -0.3 | 0.3 | 3.6 | -5.2 | 2.4 | 0.3 | 16 |
| Pension funds; corporate equities; asset | FA593064105 | -150.8 | -219.8 | -226.3 | -310.4 | -369.4 | 26.8 | -47.9 | -219.3 | -183.9 | 17 |
| Pension funds; mutual fund shares; asset | FA593064205 | 43.7 | -195.4 | -80.4 | -107.4 | -1.4 | -592.5 | 45.7 | -150.7 | -213.4 | 18 |
| Pension funds; total miscellaneous assets | FA593090005 | 248.2 | 389.4 | 218.2 | 237.9 | 745.3 | 356.3 | 14.3 | 362.6 | 483.4 | 19 |
| Pension funds; unallocated insurance contracts; asset (4) | FA593095005 | 34.4 | 22.7 | 1.8 | 39.9 | 18.6 | 30.4 | 3.7 | -1.4 | 11.7 | 20 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | -2.4 | -2.8 | -2.5 | -2.5 | -3.0 | -3.3 | -2.7 | -2.6 | -3.4 | 21 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FA593073005 | 221.1 | 189.2 | 194.0 | 126.9 | 494.2 | -58.5 | 148.2 | 75.8 | 271.5 | 22 |
| Pension funds; unidentified miscellaneous assets | FA593093005 | -5.0 | 180.4 | 24.9 | 73.6 | 235.5 | 387.6 | -134.9 | 290.9 | 203.6 | 23 |
| Pension funds; total liabilities | FA594190005 | 477.6 | 415.8 | 399.4 | 456.6 | 383.1 | 424.2 | 449.5 | 340.0 | 342.5 | 24 |
| Households and nonprofit organizations; retirement assets (6) | FA153050015 | 666.6 | 639.2 | 430.3 | 652.6 | 527.7 | 946.2 | 495.5 | 237.6 | ND | 25 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FA594190045 | 272.5 | 281.1 | 277.1 | 277.2 | 286.4 | 283.5 | 282.9 | 281.3 | 282.4 | 26 |
| Defined contribution pension funds; total financial assets | FA594090055 | 205.1 | 134.7 | 122.3 | 179.4 | 96.6 | 140.7 | 166.6 | 58.7 | 60.2 | 27 |
| All sectors; IRAs; liability (7) | FA893131573 | 161.6 | 285.5 | 144.6 | 379.6 | 68.5 | 549.2 | 16.3 | -244.7 | ND | 28 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (8) | FA543150015 | 27.4 | -62.1 | -113.7 | -183.5 | 76.2 | -27.2 | 29.7 | 142.3 | 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, 2022