Financial Accounts of the United States - Z.1
F.118.b Private Pension Funds Defined Benefit Plans
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FA574090045 | -35.7 | -37.9 | -34.1 | -35.7 | -38.7 | -43.3 | -43.3 | -43.3 | -43.3 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FA573020043 | 3.3 | 1.5 | 1.2 | 1.6 | 1.5 | 1.7 | 1.3 | 1.3 | 1.7 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FA573030043 | 1.7 | -6.5 | -5.3 | -6.9 | -6.6 | -7.4 | -5.8 | -5.5 | -7.4 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FA573034043 | 6.9 | 8.1 | 6.6 | 8.5 | 8.2 | 9.2 | 7.3 | 6.9 | 9.3 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FA572051043 | 2.6 | 7.4 | 6.0 | 7.7 | 7.5 | 8.4 | 6.6 | 6.2 | 8.4 | 5 |
| Private defined benefit pension funds; debt securities; asset | FA574022045 | 34.8 | 29.5 | 24.0 | 31.0 | 29.8 | 33.4 | 26.3 | 24.8 | 33.6 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FA573069143 | 4.1 | 0.4 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | FA573061143 | -13.5 | 9.8 | 8.0 | 10.3 | 9.9 | 11.1 | 8.8 | 8.3 | 11.2 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | FA573061743 | 0.1 | 0.8 | 0.7 | 0.9 | 0.8 | 0.9 | 0.7 | 0.7 | 0.9 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | FA573063043 | 44.1 | 18.5 | 15.0 | 19.4 | 18.6 | 20.9 | 16.4 | 15.5 | 21.0 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FA573065043 | 0.4 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 11 |
| Private defined benefit pension funds; corporate equities; asset | FA573064143 | -86.3 | -102.7 | -83.4 | -107.6 | -103.5 | -116.2 | -91.4 | -86.4 | -116.7 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | FA573064243 | 0.3 | -21.7 | -17.6 | -22.7 | -21.9 | -24.5 | -19.3 | -18.2 | -24.6 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FA573090045 | 0.7 | 46.3 | 34.2 | 52.6 | 46.2 | 52.0 | 31.7 | 27.6 | 52.4 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FA573095405 | -1.1 | -4.6 | -3.7 | -4.8 | -4.6 | -5.2 | -4.1 | -3.8 | -5.2 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FA573074043 | -3.8 | -4.3 | -3.5 | -4.5 | -4.3 | -4.8 | -3.8 | -3.6 | -4.9 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FA573073005 | -6.7 | 26.1 | 17.9 | 31.5 | 25.8 | 29.2 | 13.7 | 10.6 | 29.5 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FA573093043 | 12.3 | 29.0 | 23.5 | 30.4 | 29.2 | 32.8 | 25.8 | 24.4 | 32.9 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FA574190043 | -35.7 | -37.9 | -34.1 | -35.6 | -38.7 | -43.3 | -43.3 | -43.3 | -43.3 | 19 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.
- Unfunded defined benefit pension entitlements.
Last Update: December 9, 2022