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 -- -- -- -- -- -- -- -- -- 1
Federal government retirement funds; checkable deposits and currency held by National Railroad Retirement Investment Trust; asset FL343020033 -- -- -- -- -- -- -- -- -- 2
Federal government defined benefit retirement funds; debt securities; asset LM344022045 -- -- -- -- -- -- -- -- -- 3
Federal government defined benefit retirement funds; Treasury securities; asset LM343061165 -- -- -- -- -- -- -- -- -- 4
Federal government retirement funds; agency- and GSE-backed securities held by National Railroad Retirement Investment Trust; asset LM343061733 -- -- -- -- -- -- -- -- -- 5
Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset LM343062033 -- -- -- -- -- -- -- -- -- 6
Federal government retirement funds; corporate and foreign bonds held by National Railroad Retirement Investment Trust; asset LM343063033 -- -- -- -- -- -- -- -- -- 7
Federal government defined benefit retirement funds; nonmarketable Treasury securities; asset (3) FL343069245 -- -- -- -- -- -- -- -- -- 8
Federal government retirement funds; corporate equities held by National Railroad Retirement Investment Trust; asset LM343064135 -- -- -- -- -- -- -- -- -- 9
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset (4) FL343073045 -- -- -- -- -- -- -- -- -- 10
Federal government defined benefit retirement funds; pension entitlements (total liabilities) (5) FL344190045 -- -- -- -- -- -- -- -- -- 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: August 30, 2024