Financial Accounts of the United States - Z.1
F.227 Pension Entitlements
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; pension entitlements; liability | FA893150005 | 587.0 | 412.0 | 319.2 | 341.8 | 519.1 | 468.1 | 426.5 | 394.0 | 430.6 | 1 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) | FA543150005 | 62.4 | -46.1 | -122.5 | -157.2 | 93.7 | 1.5 | -30.7 | 45.1 | 82.0 | 2 |
| Private pension funds; total liabilities (2) | FA574190005 | 137.6 | 75.4 | 58.2 | 102.8 | 54.0 | 86.7 | 35.0 | -1.5 | 40.4 | 3 |
| Federal government retirement funds; total financial assets (3) | FA344090005 | 96.9 | 79.8 | 90.8 | 97.2 | 70.2 | 60.9 | 158.6 | 110.5 | 53.6 | 4 |
| State and local government employee retirement funds; pension entitlements (total liabilities) | FA224190005 | 243.2 | 260.6 | 250.3 | 256.5 | 258.8 | 276.5 | 255.9 | 231.0 | 248.5 | 5 |
| Rest of the world; pension entitlement reserve credit from non-U.S. reinsurers; liability | FA263150005 | 47.0 | 42.4 | 42.4 | 42.4 | 42.4 | 42.4 | 7.7 | 8.9 | 6.1 | 6 |
| All sectors; pension entitlements; liability | FA893150005 | 587.0 | 412.0 | 319.2 | 341.8 | 519.1 | 468.1 | 426.5 | 394.0 | 430.6 | 7 |
| Households and nonprofit organizations; pension entitlements; asset (4) | FA153050005 | 509.0 | 325.2 | 232.3 | 254.9 | 432.2 | 381.2 | 409.4 | 374.2 | 417.0 | 8 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FA543050005 | 91.6 | 88.5 | 88.5 | 88.5 | 88.5 | 88.5 | 17.1 | 19.7 | 13.6 | 9 |
| Life insurance companies; assumed pension entitlement reserve credit from non-U.S. insurers; liability | FA543151905 | -13.6 | -1.6 | -1.6 | -1.6 | -1.6 | -1.6 | 0.0 | 0.0 | 0.0 | 10 |
| All sectors; IRAs; liability (5) | FA893131573 | 161.6 | 285.5 | 144.6 | 379.6 | 68.5 | 549.2 | 16.3 | -244.7 | ND | 11 |
| U.S.-chartered depository institutions; IRAs and Keoghs; liability | FA763131573 | 124.2 | -8.4 | -167.4 | 92.2 | -113.9 | 155.3 | -55.3 | 230.2 | ND | 12 |
| Credit unions; IRAs; liability | FA473131573 | 2.9 | -0.7 | 1.8 | -0.2 | -1.1 | -3.2 | 0.5 | -0.2 | ND | 13 |
| Life insurance companies; IRAs; liability | FA543131503 | 35.0 | 15.9 | -8.9 | 26.3 | 17.5 | 28.8 | -60.4 | -97.2 | ND | 14 |
| Money market funds; IRAs; liability | FA633131573 | 77.0 | -26.0 | -44.0 | -60.0 | 0.0 | 0.0 | 56.0 | 80.0 | ND | 15 |
| Mutual funds; IRAs; liability | FA653131573 | 29.5 | 164.0 | 222.7 | 187.2 | 93.5 | 152.5 | -99.9 | -263.2 | ND | 16 |
| Households and nonprofit organizations; IRAs; liability | FA153131575 | -107.0 | 140.7 | 140.3 | 134.0 | 72.5 | 215.9 | 175.4 | -194.3 | ND | 17 |
NOTES
- Annuities, including those in IRAs.
- Includes unallocated insurance company contracts beginning 1985:Q4.
- Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.
- Includes public and private defined benefit and defined contribution pension plans, and annuities at life insurance companies. Annuities include those held in individual retirement accounts (IRAs). Social security is excluded.
- Asset of the household and nonprofit organizations sector (table F.101). Figures for depositories (lines 12 and 13) include Keogh accounts. Variable annuities in IRAs are included in the life insurance sector (line 14) and excluded from the money market fund and mutual fund sectors (lines 15 and 16).
Last Update: December 9, 2022