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 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FA574090045 | -35.7 | -37.9 | -43.3 | -43.3 | -43.3 | -43.3 | -43.3 | -43.3 | -43.3 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FA573020043 | 3.3 | -0.5 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 1.3 | 1.3 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FA573030043 | 1.7 | 0.2 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.9 | 0.9 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FA573034043 | 6.9 | 0.9 | 1.8 | 1.7 | 1.6 | 1.9 | 2 | 3.6 | 3.6 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FA572051043 | 2.6 | 0.3 | 0.7 | 0.6 | 0.6 | 0.7 | 0.8 | 1.4 | 1.3 | 5 |
| Private defined benefit pension funds; debt securities; asset | FA574022045 | 34.8 | 105.4 | 47.4 | 30.7 | 28.1 | 63.9 | 66.8 | 135.4 | 134.3 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FA573069143 | 4.1 | 0.5 | 1.1 | 1 | 0.9 | 1.1 | 1.2 | 2.2 | 2.1 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | FA573061143 | -13.5 | 36.9 | 25.4 | 5.1 | 4.7 | 45.7 | 46.1 | 90.9 | 90.7 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | FA573061743 | 0.1 | 14.4 | 3.3 | 3.2 | 2.9 | 3.5 | 3.8 | 6.8 | 6.6 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | FA573063043 | 44.1 | 53.5 | 17.5 | 21.4 | 19.6 | 13.6 | 15.6 | 35.6 | 34.8 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FA573065043 | 0.4 | 1.1 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 | 0.7 | 0.7 | 11 |
| Private defined benefit pension funds; corporate equities; asset | FA573064143 | -86.3 | -227.9 | -72.5 | -68.8 | -63 | -75.9 | -82.5 | -146.7 | -144.1 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | FA573064243 | 0.3 | -40.3 | -9.2 | -8.8 | -8 | -9.7 | -10.5 | -18.7 | -18.4 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FA573090045 | 0.7 | 122.8 | -12.7 | -0.1 | -3.7 | -25.6 | -21.5 | -21.2 | -22.8 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FA573095405 | -1.1 | -6.1 | -1.7 | -1.6 | -1.4 | -1.7 | -1.9 | -3.4 | -3.3 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FA573074043 | -3.8 | -9.7 | -3.1 | -3 | -2.7 | -3.3 | -3.5 | -6.3 | -6.2 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FA573073005 | -6.7 | 135.6 | -11.5 | 1.1 | -2.7 | -24.3 | -20.1 | -18.7 | -20.4 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FA573093043 | 12.3 | 3 | 3.5 | 3.3 | 3.1 | 3.7 | 4 | 7.1 | 7 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FA574190043 | -35.7 | -37.9 | -43.3 | -43.3 | -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: September 11, 2023