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 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FA574090045 | -35.4 | -23.9 | 15.2 | 29.6 | 29.7 | 29.7 | 29.7 | 29.6 | 29.6 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FA573020043 | 3.3 | -0.5 | 0.8 | 1 | 1.2 | 1.2 | 0.7 | 1 | 1 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FA573030043 | 1.7 | 0.2 | 0.5 | 0.7 | 0.8 | 0.8 | 0.5 | 0.7 | 0.7 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FA573034043 | 6.9 | 0.9 | 2.2 | 2.8 | 3.3 | 3.2 | 2 | 2.8 | 2.7 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FA572051043 | 2.6 | 0.3 | 0.8 | 1.1 | 1.2 | 1.2 | 0.7 | 1 | 1 | 5 |
| Private defined benefit pension funds; debt securities; asset | FA574022045 | 34.8 | 105.4 | 55.5 | 85.7 | 129.3 | 128.1 | 35.6 | 49.8 | 48.6 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FA573069143 | 4.1 | 0.5 | 1.3 | 1.7 | 2 | 1.9 | 1.2 | 1.7 | 1.6 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | FA573061143 | -13.5 | 36.9 | 26.8 | 48.5 | 89.9 | 89.7 | 5.9 | 8.3 | 8.1 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | FA573061743 | 0.1 | 14.4 | 4.2 | 5.2 | 6.1 | 6 | 3.7 | 5.2 | 5 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | FA573063043 | 44.1 | 53.5 | 23.2 | 30.3 | 31.3 | 30.4 | 24.8 | 34.7 | 33.8 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FA573065043 | 0.4 | 1.1 | 0.4 | 0.6 | 0.7 | 0.6 | 0.4 | 0.5 | 0.5 | 11 |
| Private defined benefit pension funds; corporate equities; asset | FA573064143 | -86.3 | -227.9 | -90.8 | -113.6 | -132.9 | -130.2 | -79.7 | -111.7 | -108.8 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | FA573064243 | 0.3 | -40.3 | -11.6 | -14.5 | -16.9 | -16.6 | -10.2 | -14.2 | -13.9 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FA573090045 | 0.9 | 136.9 | 57.1 | 65.9 | 43.1 | 41.3 | 79.7 | 99.7 | 97.9 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FA573095405 | -1.1 | -6.1 | -2.1 | -2.6 | -3 | -3 | -1.8 | -2.6 | -2.5 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FA573074043 | -3.8 | -9.7 | -3.9 | -4.9 | -5.7 | -5.6 | -3.4 | -4.8 | -4.7 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FA573073005 | -6.5 | 149.6 | 58.7 | 67.9 | 45.4 | 43.6 | 81 | 101.6 | 99.8 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FA573093043 | 12.3 | 3 | 4.4 | 5.5 | 6.5 | 6.3 | 3.9 | 5.4 | 5.3 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FA574190043 | -35.5 | -22.5 | 16.3 | 30.9 | 30.9 | 30.9 | 30.9 | 30.9 | 30.9 | 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: June 7, 2024