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 | 2022 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FA574090045 | -35.7 | -37.9 | -43.3 | -38.7 | -43.3 | -43.3 | -43.3 | -43.3 | -43.3 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FA573020043 | 3.3 | 1.6 | 1.6 | 1.5 | 1.7 | 1.4 | 1.3 | 1.7 | 2.0 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FA573030043 | 1.7 | -6.7 | -4.5 | -6.6 | -7.4 | -5.9 | -5.7 | -7.4 | 0.8 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FA573034043 | 6.9 | 8.3 | 8.5 | 8.2 | 9.2 | 7.3 | 7.0 | 9.2 | 10.5 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FA572051043 | 2.6 | 7.6 | 7.7 | 7.5 | 8.3 | 6.6 | 6.4 | 8.4 | 9.6 | 5 |
| Private defined benefit pension funds; debt securities; asset | FA574022045 | 34.8 | 30.2 | 30.9 | 29.9 | 33.3 | 26.5 | 25.5 | 33.4 | 38.2 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FA573069143 | 4.1 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 | 0.5 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | FA573061143 | -13.5 | 10.1 | 10.3 | 9.9 | 11.1 | 8.8 | 8.5 | 11.1 | 12.7 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | FA573061743 | 0.1 | 0.9 | 0.9 | 0.8 | 0.9 | 0.7 | 0.7 | 0.9 | 1.1 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | FA573063043 | 44.1 | 18.9 | 19.3 | 18.7 | 20.8 | 16.6 | 16.0 | 20.9 | 23.9 | 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 | 0.2 | 11 |
| Private defined benefit pension funds; corporate equities; asset | FA573064143 | -86.3 | -105.1 | -107.5 | -103.8 | -115.7 | -92.1 | -88.7 | -116.2 | -132.9 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | FA573064243 | 0.3 | -22.2 | -22.7 | -21.9 | -24.4 | -19.4 | -18.7 | -24.5 | -28.1 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FA573090045 | 0.7 | 48.3 | 42.5 | 46.4 | 51.6 | 32.2 | 29.5 | 52.0 | 56.5 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FA573095405 | -1.1 | -4.7 | -4.8 | -4.6 | -5.1 | -4.1 | -3.9 | -5.2 | -5.9 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FA573074043 | -3.8 | -4.4 | -4.5 | -4.3 | -4.8 | -3.8 | -3.7 | -4.8 | -5.5 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FA573073005 | -6.7 | 27.6 | 21.4 | 26.0 | 28.9 | 14.2 | 12.1 | 29.2 | 30.4 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FA573093043 | 12.3 | 29.7 | 30.4 | 29.3 | 32.7 | 26.0 | 25.0 | 32.8 | 37.5 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FA574190043 | -35.7 | -37.9 | -43.3 | -38.7 | -43.3 | -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: March 9, 2023