Financial Accounts of the United States - Z.1
S129.2.t Federal government employee pension funds 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net acquisition of financial assets(1) | FA344090005 | 84.6 | 87.5 | 96.2 | 90.8 | 70.1 | 78.7 | 91.1 | 145.0 | 81.8 |
| Line 2 | Checkable deposits and currency | FA343020033 | 0.2 | 0.2 | -0.0 | -0.1 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 |
| Line 3 | Debt securities | FA344022005 | 2.5 | 1.9 | 3.3 | 2.3 | 2.5 | 1.7 | 6.1 | 2.8 | -4.0 |
| Line 4 | Treasury securities | FA343061105 | 1.7 | 1.3 | 1.2 | 4.5 | 1.2 | -0.5 | 2.9 | 1.1 | -1.8 |
| Line 5 | Agency- and GSE-backed securities | FA343061705 | 0.3 | 0.0 | 0.9 | -1.8 | 0.8 | 0.7 | 1.6 | 0.6 | -1.0 |
| Line 6 | Municipal securities | FA343062033 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 |
| Line 7 | Corporate and foreign bonds | FA343063005 | 0.4 | 0.6 | 1.2 | -0.4 | 0.5 | 1.5 | 1.7 | 1.1 | -1.2 |
| Line 8 | Loans (other loans and advances)(2) | FA343069005 | 254.1 | 241.7 | 387.4 | 471.3 | 62.7 | -446.9 | 975.1 | 958.7 | 136.9 |
| Line 9 | Corporate equities | FA343064105 | 12.0 | 8.6 | -32.1 | 29.9 | -108.0 | -12.1 | 8.2 | -16.6 | -39.8 |
| Line 10 | Claims of pension fund on sponsor (misc. assets)(3) | FA343073045 | -184.2 | -164.8 | -262.3 | -412.6 | 113.0 | 536.1 | -898.3 | -799.9 | -11.3 |
| Line 11 | Net increase in pension entitlements (liabilities) | FA344090005 | 84.6 | 87.5 | 96.2 | 90.8 | 70.1 | 78.7 | 91.1 | 145.0 | 81.8 |
| Memo: Net acquisition of financial assets | |||||||||||
| Line 12 | Defined benefit plans(4) | FA344090045 | 67.3 | 74.7 | 77.6 | 79.2 | 77.3 | 77.3 | 78.6 | 77.0 | 77.7 |
| Line 13 | Defined contribution plans(5) | FA344090055 | 17.3 | 12.8 | 18.7 | 11.6 | -7.2 | 1.4 | 12.5 | 68.0 | 4.0 |
Notes:
- 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.
- Unfunded defined benefit pension entitlements.
- Additional detail on defined benefit plans is available on table S129s1.2.t.
- Additional detail on defined contribution plans is available on table S129s2.2.t.
Last Update: June 11, 2026