Financial Accounts of the United States - Z.1
F.117 Private and Public Pension Funds (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
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| Description | Series code | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pension funds; gross saving less net capital transfers paid | FA596000105 | 9.9 | 49 | 147.1 | 19.1 | 26.8 | 3.2 | 3.2 | 3.3 | 3.3 | 1 |
| Pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA595013005 | 9.2 | 9.6 | 9.4 | 9.6 | 9.6 | 9.9 | 10 | 10.1 | 10.1 | 2 |
| Pension funds; total financial assets (2) | FA594090005 | 287.5 | 378.5 | 496.6 | 313.9 | 348.8 | 354.9 | 276.8 | 268.8 | 272.5 | 3 |
| Pension funds; checkable deposits and currency; asset | FA593020005 | -5.2 | -2.7 | -7.9 | 16.9 | 1.5 | -21.5 | 45.8 | 23.8 | 12.2 | 4 |
| Pension funds; total time and savings deposits; asset | FA593030005 | 1.2 | -5.3 | -15.8 | -11.9 | 9.6 | -3.3 | -2.3 | -0.1 | 0.1 | 5 |
| Pension funds; money market fund shares; asset | FA593034005 | -15.9 | -8.2 | -7.3 | -23.4 | 6.5 | -8.5 | 9.9 | -7.3 | -3.2 | 6 |
| Pension funds; security repurchase agreements; asset | FA592051005 | 16 | 7.4 | 19.6 | -145.5 | 140.9 | 14.7 | 25.7 | 47.5 | 55.8 | 7 |
| Pension funds; debt securities; asset | FA594022005 | -37.9 | 28.7 | 72.6 | -3.1 | 34.9 | 10.2 | 266.1 | 275.1 | 148.5 | 8 |
| Pension funds; commercial paper; asset | FA593069105 | -16.2 | -2.7 | -3.1 | -1.1 | 3.1 | -9.6 | 3.7 | -5.1 | -4.3 | 9 |
| Pension funds; Treasury securities; asset | FA593061105 | -42.1 | 75.8 | 106 | 27.2 | 125.4 | 44.8 | 144.1 | 161.4 | 124.4 | 10 |
| Pension funds; agency- and GSE-backed securities; asset | FA593061705 | -32 | -5.4 | -45.3 | 63.9 | -60.5 | 20.2 | 19.8 | -18.3 | -11.3 | 11 |
| Pension funds; municipal securities; asset | FA593062045 | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 12 |
| Pension funds; corporate and foreign bonds; asset | FA593063005 | 52.4 | -39.1 | 15 | -93 | -33.1 | -45.2 | 98.5 | 137.2 | 39.7 | 13 |
| Pension funds; loans; asset | FA594023005 | 238.5 | 249.3 | 15.8 | 319.1 | 34 | 628.4 | 158 | 236.2 | 50.1 | 14 |
| Federal government retirement funds; other loans and advances; asset (3) | FA343069005 | 245.6 | 254.1 | 17.6 | 327.1 | 38.3 | 633.4 | 162 | 238.7 | 56.1 | 15 |
| Pension funds; total mortgages; asset | FA593065005 | -7.1 | -4.8 | -1.8 | -8 | -4.4 | -5.1 | -4 | -2.5 | -6 | 16 |
| Pension funds; corporate equities; asset | FA593064105 | 18.5 | -67.8 | -316.2 | 201.4 | -31.4 | -124.9 | -263.7 | -324.5 | -216 | 17 |
| Pension funds; mutual fund shares; asset | FA593064205 | -121.9 | 19.8 | 258.9 | -182.2 | -46.4 | 48.8 | -182.7 | -94 | -154.5 | 18 |
| Pension funds; total miscellaneous assets | FA593090005 | 194.4 | 157.3 | 476.9 | 142.5 | 199.1 | -189.1 | 220 | 112 | 379.5 | 19 |
| Pension funds; unallocated insurance contracts; asset (4) | FA593095005 | 17.9 | 12.7 | 14.7 | 13.4 | 12 | 10.8 | 21.1 | 25.3 | 21.8 | 20 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | 2.4 | 0.2 | -0.8 | 1.6 | 0.6 | -0.7 | 0.3 | 1.5 | 0.2 | 21 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FA593073005 | 248.5 | 183.3 | 533.1 | 74.7 | 372.5 | -247 | 187.7 | 124.4 | 431.6 | 22 |
| Pension funds; unidentified miscellaneous assets | FA593093005 | -74.4 | -38.9 | -70.2 | 52.9 | -186 | 47.8 | 10.8 | -39.2 | -74.2 | 23 |
| Pension funds; total liabilities | FA594190005 | 286.9 | 339.2 | 358.9 | 304.4 | 331.7 | 361.6 | 283.6 | 275.7 | 279.3 | 24 |
| Households and nonprofit organizations; retirement assets (6) | FA153050015 | 166.4 | 501.3 | 534.3 | 646.9 | 329.4 | 494.7 | 440.2 | 609.9 | ND | 25 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FA594190045 | 248.6 | 232.5 | 239.8 | 234.4 | 229.2 | 226.8 | 225.4 | 226.3 | 227 | 26 |
| Defined contribution pension funds; total financial assets | FA594090055 | 38.3 | 106.6 | 119.1 | 70 | 102.6 | 134.8 | 58.2 | 49.4 | 52.4 | 27 |
| All sectors; IRAs; liability (7) | FA893131573 | -242.8 | 90.9 | 27.8 | 195.8 | -22.8 | 163 | 146.5 | 315.7 | ND | 28 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (8) | FA543150015 | 122.3 | 71.3 | 147.6 | 146.8 | 20.5 | -29.8 | 10.2 | 18.6 | ND | 29 |
NOTES
- Private pension funds, state and local government employee retirement funds, and federal government employee retirement funds defined benefit plans and defined contribution plans.
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Nonmarketable Treasury securities classified as loans and suspended reinvestments in the Thrift Savings Plan G Fund.
- Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.
- Unfunded defined benefit pension entitlements.
- Households' retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.
- IRA assets are not included above. See memo item on table F.229 for a sectoral distribution of IRA accounts.
- Annuities held in IRAs are excluded. They are included in line 28.
Last Update: December 12, 2024