Financial Accounts of the United States - Z.1

S129s1.2.t Federal government employee 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(2) FA344090045 67.3 74.7 77.6 79.2 77.3 77.3 78.6 77.0 77.7
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 FA344022045 0.5 0.6 1.0 0.7 -0.6 -0.2 3.9 0.8 -0.5
Line 4 Treasury securities FA343061165 0.6 -0.2 0.1 0.2 -0.2 -1.3 1.9 0.2 -0.2
Line 5 Agency- and GSE-backed securities FA343061733 0.1 0.2 0.3 0.0 -0.1 0.2 1.0 0.1 -0.1
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 FA343063033 -0.2 0.5 0.5 0.5 -0.3 0.9 1.0 0.5 -0.3
Line 8 Loans (other loans and advances)(3) FA343069245 251.8 241.7 340.5 491.7 -34.9 -457.1 977.5 876.6 90.1
Line 9 Corporate equities FA343064135 -1.1 -3.0 -1.6 -0.6 -0.2 -1.4 -4.4 -0.5 -0.4
Line 10 Claims of pension fund on sponsor (misc. assets)(4) 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) FA344190045 67.3 74.7 77.6 79.2 77.3 77.3 78.6 77.0 77.7

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.
Last Update: June 11, 2026