Financial Accounts of the United States - Z.1
F.120 State and Local Government Employee Retirement Funds
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee retirement funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA226330005 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1 |
| State and local government employee retirement funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA225013005 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2 |
| State and local government employee retirement funds; total financial assets (1) | FA224090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5 |
| State and local government employee retirement funds; money market fund shares; asset | FA223034005 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 6 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 7 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 8 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 9 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 10 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 11 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 12 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 13 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 14 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 15 |
| State and local government employee retirement funds; mutual fund shares; asset | FA223064205 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 16 |
| State and local government employee retirement funds; miscellaneous assets | FA223090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 17 |
| State and local government employee defined contribution retirement funds; unallocated insurance contracts; asset (2) | FA223095505 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 18 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (3) | FA223073045 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 19 |
| State and local government employee retirement funds; miscellaneous assets | FA223093005 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 20 |
| State and local government employee retirement funds; pension entitlements (total liabilities) | FA224190005 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 21 |
| State and local government employee defined benefit retirement funds; total financial assets (4) | FA224090045 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 22 |
| State and local government employee defined contribution retirement funds; total financial assets (5) | FA224090055 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 23 |
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.
- Unfunded defined benefit pension entitlements.
- Additional detail on defined benefit plans is available on table F.120.b.
- Additional detail on defined contribution plans is available on table F.120.c.
Last Update: August 30, 2024