Financial Accounts of the United States - Z.1
S129s1.1.t Private defined benefit 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) | FA574090045 | -12.1 | -70.4 | -75.1 | -75.1 | -75.2 | -75.2 | -75.2 | -75.1 | -75.2 |
| Line 2 | Checkable deposits and currency | FA573020043 | -2.5 | -1.6 | -1.6 | -1.6 | -1.6 | -1.7 | -1.6 | -1.7 | -1.5 |
| Line 3 | Time and savings deposits | FA573030043 | -0.1 | -0.7 | -0.7 | -0.7 | -0.7 | -0.8 | -0.7 | -0.8 | -0.7 |
| Line 4 | Debt securities | FA574022045 | 58.7 | 18.9 | 19.5 | 19.4 | 18.9 | 19.7 | 19.3 | 20.1 | 17.5 |
| Line 5 | Open market paper | FA573069143 | -0.2 | -1.8 | -1.8 | -1.8 | -1.8 | -1.8 | -1.8 | -1.9 | -1.6 |
| Line 6 | Treasury securities | FA573061143 | 36.8 | 20.9 | 21.7 | 21.6 | 21.0 | 21.9 | 21.4 | 22.4 | 19.4 |
| Line 7 | Agency- and GSE-backed securities | FA573061743 | 17.6 | 8.4 | 8.7 | 8.6 | 8.4 | 8.8 | 8.6 | 9.0 | 7.8 |
| Line 8 | Corporate and foreign bonds | FA573063043 | 4.5 | -8.7 | -9.0 | -9.0 | -8.7 | -9.1 | -8.9 | -9.3 | -8.1 |
| Line 9 | Loans | FA574035045 | 7.2 | 3.4 | 3.5 | 3.5 | 3.4 | 3.6 | 3.5 | 3.6 | 3.2 |
| Line 10 | Security repurchase agreements | FA572051043 | -0.1 | -1.1 | -1.1 | -1.1 | -1.1 | -1.2 | -1.1 | -1.2 | -1.0 |
| Line 11 | Mortgages | FA573065043 | 7.3 | 4.5 | 4.7 | 4.7 | 4.5 | 4.7 | 4.6 | 4.8 | 4.2 |
| Line 12 | Corporate equities | FA573064143 | -209.8 | -157.8 | -163.3 | -162.7 | -158.1 | -165.3 | -161.2 | -168.6 | -146.3 |
| Line 13 | Money market fund shares | FA573034043 | -0.3 | -2.9 | -3.0 | -3.0 | -2.9 | -3.1 | -3.0 | -3.1 | -2.7 |
| Line 14 | Mutual fund shares | FA573064243 | -53.1 | -43.9 | -45.5 | -45.3 | -44.0 | -46.0 | -44.9 | -46.9 | -40.8 |
| Line 15 | Miscellaneous assets | FA573090045 | 187.8 | 114.3 | 116.0 | 115.3 | 110.0 | 118.3 | 113.6 | 122.3 | 96.1 |
| Line 16 | Unallocated insurance contracts(2) | FA573095405 | -5.1 | -3.8 | -3.9 | -3.9 | -3.8 | -4.0 | -3.9 | -4.1 | -4.0 |
| Line 17 | Contributions receivable | FA573074043 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 18 | Claims of pension fund on sponsor(3) | FA573073005 | 221.4 | 146.6 | 149.5 | 148.7 | 142.4 | 152.2 | 146.6 | 156.8 | 126.6 |
| Line 19 | Other | FA573093043 | -28.7 | -28.6 | -29.6 | -29.4 | -28.6 | -29.9 | -29.2 | -30.5 | -26.5 |
| Line 20 | Net increase in pension entitlements (liabilities) | FA574190043 | -56.2 | -68.8 | -73.5 | -73.5 | -73.5 | -73.5 | -73.5 | -73.5 | -73.5 |
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; series begins 1985:Q4.
- Unfunded defined benefit pension entitlements.
Last Update: June 11, 2026