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 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FA574090045 | -23.9 | 15.2 | 15.2 | 15.2 | 15.1 | 15.1 | 15.1 | 15.1 | 15.1 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FA573020043 | -0.5 | 0.8 | 0.7 | 0.9 | 0.7 | 0.7 | 1.3 | 1.2 | 0.8 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FA573030043 | 0.2 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.9 | 0.8 | 0.5 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FA573034043 | 0.9 | 2.1 | 2 | 2.6 | 1.9 | 1.9 | 3.5 | 3.4 | 2.1 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FA572051043 | 0.3 | 0.8 | 0.7 | 1 | 0.7 | 0.7 | 1.3 | 1.3 | 0.8 | 5 |
| Private defined benefit pension funds; debt securities; asset | FA574022045 | 105.4 | 53.2 | 35.7 | 47.7 | 64 | 65.2 | 134 | 130.9 | 38.1 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FA573069143 | 0.5 | 1.3 | 1.2 | 1.6 | 1.1 | 1.2 | 2.1 | 2 | 1.3 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | FA573061143 | 36.9 | 26.4 | 6 | 8 | 45.7 | 45.9 | 90.7 | 90.2 | 6.4 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | FA573061743 | 14.4 | 3.9 | 3.7 | 4.9 | 3.5 | 3.6 | 6.6 | 6.3 | 3.9 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | FA573063043 | 53.5 | 21.6 | 24.9 | 33.2 | 13.7 | 14.5 | 34.6 | 32.4 | 26.6 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FA573065043 | 1.1 | 0.4 | 0.4 | 0.5 | 0.4 | 0.4 | 0.7 | 0.7 | 0.4 | 11 |
| Private defined benefit pension funds; corporate equities; asset | FA573064143 | -227.9 | -85.5 | -80 | -106.9 | -76.3 | -78.9 | -143.5 | -136.6 | -85.5 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | FA573064243 | -40.3 | -10.9 | -10.2 | -13.6 | -9.7 | -10.1 | -18.3 | -17.4 | -10.9 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FA573090045 | 136.9 | 53.8 | 65.4 | 82.3 | 33 | 34.6 | 35.1 | 30.8 | 68.7 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FA573095405 | -6.1 | -2 | -1.8 | -2.4 | -1.7 | -1.8 | -3.3 | -3.1 | -2 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FA573074043 | -9.7 | -3.7 | -3.4 | -4.6 | -3.3 | -3.4 | -6.2 | -5.9 | -3.7 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FA573073005 | 149.6 | 55.3 | 66.8 | 84.1 | 34.3 | 36 | 37.6 | 33.1 | 70.2 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FA573093043 | 3 | 4.2 | 3.9 | 5.2 | 3.7 | 3.8 | 7 | 6.6 | 4.2 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FA574190043 | -22.5 | 16.3 | 16.3 | 16.3 | 16.3 | 16.3 | 16.3 | 16.3 | 16.3 | 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 7, 2023