L.229 Pension Entitlements
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2020 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 Line
All sectors; pension entitlements; liability FL893150005 30082.2 31940.7 29405.7 31555.6 30094.8 30726.2 30517.4 31555.6 32373.7 1
Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) FL543150005 3876.6 4109.9 3822.8 4162 3963.8 4078.6 4018.4 4162 4273 2
Private pension funds; total liabilities (2) FL574190005 12079.1 13203.1 11729 12941.6 12119.6 12478 12239.7 12941.6 13483.4 3
Federal government retirement funds; total financial assets (3) FL344090005 4383.3 4559.5 4529.6 4724.4 4582.9 4637.6 4642.4 4724.4 4793.4 4
State and local government employee retirement funds; pension entitlements (total liabilities) FL224190005 9615.5 9898 9067.8 9407.2 9156.2 9243.5 9312.6 9407.2 9498.7 5
Rest of the world; pension entitlement reserve credit from non-U.S. reinsurers; liability FL263150005 127.8 170.2 256.5 320.3 272.5 288.4 304.4 320.3 325.2 6
All sectors; pension entitlements; liability FL893150005 30082.2 31940.7 29405.7 31555.6 30094.8 30726.2 30517.4 31555.6 32373.7 7
Households and nonprofit organizations; pension entitlements; asset (4) FL153050005 29788.6 31560 28920.2 30979.3 29586.6 30195.3 29963.9 30979.3 31788.7 8
Life insurance companies; pension entitlements reserve credit from reinsurers; asset FL543050005 291.3 380 484.2 575 506.9 529.6 552.3 575 583.8 9
Life insurance companies; assumed pension entitlement reserve credit from non-U.S. insurers; liability FL543151905 2.4 0.7 1.3 1.3 1.3 1.3 1.3 1.3 1.3 10
All sectors; IRAs; liability (5) LM893131573 12661 14460 11950 13556 12465 12955 12566 13556 ND 11
U.S.-chartered depository institutions; IRAs and Keoghs; liability FL763131573 600.7 592.2 560.1 458.2 471 482.6 427.9 458.2 ND 12
Credit unions; IRAs; liability FL473131573 84.6 83.9 83 85.4 83.5 84.3 84.9 85.4 ND 13
Life insurance companies; IRAs; liability LM543131503 750 795 740 801 763 781 766 801 ND 14
Money market funds; IRAs; liability FL633131573 391 368 440 559 466 499 530 559 ND 15
Mutual funds; IRAs; liability LM653131573 4840 5614 4437 5071 4650 4836 4673 5071 ND 16
Households and nonprofit organizations; IRAs; liability LM153131575 5994.7 7006.8 5689.9 6581.4 6031.6 6272.1 6084.1 6581.4 ND 17

NOTES

  1. Annuities, including those in IRAs.
  2. Includes unallocated insurance company contracts beginning 1985:Q4.
  3. Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.
  4. Includes public and private defined benefit and defined contribution pension plans, and annuities at life insurance companies. Annuities include those held in individual retirement accounts (IRAs). Social security is excluded.
  5. Asset of the household and nonprofit organizations sector (tables L.101 and B.101). Figures for depositories (lines 12 and 13) include Keogh accounts. Variable annuities in IRAs are included in the life insurance sector (line 14) and excluded from the money market fund and mutual fund sectors (lines 15 and 16).
Last Update: June 7, 2024