Financial Accounts of the United States - Z.1
S129s1.1.t Private defined benefit pension funds 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net acquisition of financial assets(1) | FA574090045 | -12.1 | -70.4 | -75.2 | -75.2 | -75.2 | -75.2 | -75.1 | -75.2 | -75.2 |
| Line 2 | Checkable deposits and currency | FA573020043 | -2.5 | 4.3 | -0.2 | -0.2 | -0.1 | -0.1 | -0.2 | -0.0 | -0.0 |
| Line 3 | Time and savings deposits | FA573030043 | -0.1 | -0.6 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 |
| Line 4 | Debt securities | FA574022045 | 58.7 | 2.6 | -6.1 | -8.7 | -4.8 | -2.9 | -7.9 | -1.2 | -1.2 |
| Line 5 | Open market paper | FA573069143 | -0.2 | -1.5 | 0.2 | 0.2 | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 |
| Line 6 | Treasury securities | FA573061143 | 36.8 | 12.9 | -4.9 | -7.1 | -3.9 | -2.4 | -6.4 | -1.0 | -1.0 |
| Line 7 | Agency- and GSE-backed securities | FA573061743 | 17.6 | 4.0 | -2.1 | -3.1 | -1.7 | -1.0 | -2.8 | -0.4 | -0.4 |
| Line 8 | Corporate and foreign bonds | FA573063043 | 4.5 | -12.8 | 0.8 | 1.2 | 0.6 | 0.4 | 1.1 | 0.2 | 0.2 |
| Line 9 | Loans | FA574035045 | 7.2 | 1.6 | -0.9 | -1.3 | -0.7 | -0.4 | -1.1 | -0.2 | -0.2 |
| Line 10 | Security repurchase agreements | FA572051043 | -0.1 | -0.9 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 |
| Line 11 | Mortgages | FA573065043 | 7.3 | 2.6 | -1.0 | -1.4 | -0.8 | -0.5 | -1.3 | -0.2 | -0.2 |
| Line 12 | Corporate equities | FA573064143 | -146.2 | -242.6 | 43.2 | 47.6 | 55.5 | 30.4 | 39.2 | 21.3 | -1.7 |
| Line 13 | Money market fund shares | FA573034043 | -0.3 | -2.5 | 0.3 | 0.4 | 0.2 | 0.1 | 0.4 | 0.1 | 0.1 |
| Line 14 | Mutual fund shares | FA573064243 | -53.1 | -12.6 | 6.5 | 9.3 | 5.1 | 3.1 | 8.4 | 1.3 | 1.3 |
| Line 15 | Hedge fund shares | FA573064743 | -60.1 | -49.4 | -27.2 | -13.1 | -47.4 | -19.9 | -28.4 | -8.9 | 16.0 |
| Line 16 | Private debt fund shares | FA573064540 | 13.1 | -0.6 | 9.0 | 12.5 | -2.0 | -6.9 | 32.2 | -14.4 | 0.5 |
| Line 17 | Miscellaneous assets | FA573090045 | 171.1 | 229.3 | -99.8 | -121.8 | -81.1 | -78.6 | -117.6 | -73.1 | -90.0 |
| Line 18 | Unallocated insurance contracts(2) | FA573095405 | -5.1 | -9.1 | 1.4 | 2.0 | 1.1 | 0.7 | 1.8 | 0.3 | 0.4 |
| Line 19 | Contributions receivable | FA573074043 | 0.2 | 0.8 | -0.1 | -0.1 | -0.1 | -0.0 | -0.1 | -0.0 | -0.0 |
| Line 20 | Claims of pension fund on sponsor(3) | FA573073005 | 204.7 | 75.9 | 72.4 | 612.2 | -106.4 | -91.8 | -124.4 | -84.3 | -86.0 |
| Line 21 | Other | FA573093043 | -28.7 | 161.7 | -173.5 | -735.9 | 24.3 | 12.5 | 5.1 | 11.0 | -4.4 |
| Line 22 | 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: September 11, 2026