L.119.b Federal Government Employee Retirement Funds Defined Benefit Plans (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 Line
Federal government defined benefit retirement funds; total financial assets (2) FL344090045 3720.8 3785.4 3847 3801.5 3817 3830.9 3847 3866.7 3885.8 1
Federal government retirement funds; checkable deposits and currency held by National Railroad Retirement Investment Trust; asset FL343020033 1.1 0.5 0.7 0.5 0.6 0.6 0.7 0.7 0.8 2
Federal government defined benefit retirement funds; debt securities; asset LM344022045 11.9 9.8 10.5 9.9 10.6 10.2 10.5 10.6 9.6 3
Federal government defined benefit retirement funds; Treasury securities; asset LM343061165 7.2 5.6 6.2 5.6 6.3 6.1 6.2 6.2 5.2 4
Federal government retirement funds; agency- and GSE-backed securities held by National Railroad Retirement Investment Trust; asset LM343061733 0.5 0.5 0.6 0.5 0.5 0.6 0.6 0.6 0.6 5
Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset LM343062033 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 LM343063033 4.1 3.7 3.7 3.8 3.9 3.4 3.7 3.8 3.8 7
Federal government defined benefit retirement funds; nonmarketable Treasury securities; asset (3) FL343069245 2149 2387.6 2639.4 2342 2381.1 2423.7 2639.4 2632 2648.7 8
Federal government retirement funds; corporate equities held by National Railroad Retirement Investment Trust; asset LM343064135 19.8 15.8 17.4 16.2 16.4 16.3 17.4 17.8 17.9 9
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset (4) FL343073045 1539.1 1371.8 1179 1432.9 1408.2 1380.2 1179 1205.6 1208.8 10
Federal government defined benefit retirement funds; pension entitlements (total liabilities) (5) FL344190045 3720.8 3785.4 3847 3801.5 3817 3830.9 3847 3866.7 3885.8 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. Negative values indicate overfunding.
  5. Actuarial value of accrued pension entitlements in defined benefit plans. These liabilities are assets of the household sector.
Last Update: September 12, 2024