F.119.b Federal Government Employee Retirement Funds Defined Benefit Plans (1)
Billions of dollars
Description Series code 2020 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 Line
Federal government defined benefit retirement funds; total financial assets (2) FA344090045 64.8 71.3 72 74 74.8 73.7 72.8 74.6 73.3 1
Federal government retirement funds; checkable deposits and currency held by National Railroad Retirement Investment Trust; asset FA343020033 0.2 0.2 -0.6 0.2 0.2 0.2 0.2 0.2 0.2 2
Federal government defined benefit retirement funds; debt securities; asset FA344022045 -2.6 -1.7 -1.2 0.5 -0 3.1 -1.1 0.1 0.6 3
Federal government defined benefit retirement funds; Treasury securities; asset FA343061165 -2 -1.2 -1.5 0.6 -0 2.7 -0.4 0 0.1 4
Federal government retirement funds; agency- and GSE-backed securities held by National Railroad Retirement Investment Trust; asset FA343061733 -0.2 -0.3 -0 0.1 0 0.1 0.4 0.1 0.1 5
Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset FA343062033 -0 -0 -0 -0 0 0 -0 0 0 6
Federal government retirement funds; corporate and foreign bonds held by National Railroad Retirement Investment Trust; asset FA343063033 -0.3 -0.2 0.3 -0.2 -0 0.4 -1.2 0 0.5 7
Federal government defined benefit retirement funds; nonmarketable Treasury securities; asset (3) FA343069245 103.6 168.2 238.7 251.8 7.6 331 41.4 627.2 167.3 8
Federal government retirement funds; corporate equities held by National Railroad Retirement Investment Trust; asset FA343064135 -2 -0.5 -1.5 -1 -1.8 -2.1 0.1 -0.2 -2.8 9
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset (4) FA343073045 -34.5 -94.8 -163.3 -177.5 68.9 -258.5 32.2 -552.7 -92 10
Federal government defined benefit retirement funds; pension entitlements (total liabilities) FA344190045 64.8 71.3 72 74 74.8 73.7 72.8 74.6 73.3 11

NOTES

  1. Includes Civil Service Retirement and Disability Fund, Railroad Retirement Board, judicial retirement fund, Military Retirement Fund, Foreign Service Retirement and Disability Fund, and the National Railroad Investment Trust.
  2. Includes claims on sponsor (i.e., unfunded pension entitlements).
  3. Nonmarketable Treasury securities classified as loans.
  4. Unfunded defined benefit pension entitlements.
Last Update: June 7, 2024