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 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FA574090045 | -23.9 | 15.2 | 29.6 | 24.2 | 27.8 | 31.5 | 35.1 | 35 | 35 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FA573020043 | -0.5 | 1.1 | 0.2 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FA573030043 | 0.2 | -2.8 | -0.7 | -0.8 | -0.8 | -0.5 | -0.8 | -0.8 | -0.9 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FA573034043 | 0.9 | -11.3 | -3 | -3.4 | -3.1 | -2.2 | -3.2 | -3.4 | -3.5 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FA572051043 | 0.3 | -4.3 | -1.1 | -1.3 | -1.2 | -0.8 | -1.2 | -1.3 | -1.3 | 5 |
| Private defined benefit pension funds; debt securities; asset | FA574022045 | 105.4 | -97.8 | -16.9 | -19.1 | -17.7 | -12.6 | -18.4 | -19.2 | -19.9 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FA573069143 | 0.5 | -6.8 | -1.8 | -2 | -1.9 | -1.3 | -1.9 | -2 | -2.1 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | FA573061143 | 36.9 | -23.4 | -3 | -3.4 | -3.1 | -2.2 | -3.3 | -3.4 | -3.5 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | FA573061743 | 14.4 | -17.9 | -3.6 | -4 | -3.7 | -2.6 | -3.9 | -4 | -4.2 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | FA573063043 | 53.5 | -49.6 | -8.6 | -9.7 | -9 | -6.4 | -9.3 | -9.8 | -10.1 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FA573065043 | 1.1 | -3.2 | -0.8 | -0.9 | -0.8 | -0.6 | -0.8 | -0.9 | -0.9 | 11 |
| Private defined benefit pension funds; corporate equities; asset | FA573064143 | -227.9 | -26.6 | -27.7 | -31.3 | -29 | -20.6 | -30.1 | -31.5 | -32.5 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | FA573064243 | -40.3 | -23.6 | -10 | -11.3 | -10.4 | -7.4 | -10.9 | -11.4 | -11.7 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FA573090045 | 136.9 | 183.5 | 89.6 | 91.9 | 90.5 | 76 | 100.3 | 103.2 | 105.4 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FA573095405 | -6.1 | -0.8 | -0.8 | -0.9 | -0.8 | -0.6 | -0.8 | -0.9 | -0.9 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FA573074043 | -9.7 | -0.5 | -1 | -1.1 | -1.1 | -0.8 | -1.1 | -1.2 | -1.2 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FA573073005 | 149.6 | 217.4 | 100 | 103.5 | 101.3 | 83.6 | 111.4 | 114.9 | 117.4 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FA573093043 | 3 | -32.5 | -8.5 | -9.6 | -8.9 | -6.3 | -9.3 | -9.7 | -10 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FA574190043 | -22.5 | 16.3 | 30.9 | 25.4 | 29.1 | 32.7 | 36.3 | 36.3 | 36.3 | 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 12, 2024