Board of Governors of the Federal Reserve System

Financial Accounts of the United States - Z.1

S.64.a Pension Funds

2016:Q2 Release Date: September 16, 2016

Billions of dollars

Description Series code 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Line
Pension funds; gross value added (IMA) FA596902505 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1
Pension funds; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA596300081 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2
Pension funds; net value added (IMA) FA596902605 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3
Pension funds; compensation of employees paid (IMA) FA596025005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4
Pension funds; wages and salaries paid (IMA) FA596020001 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5
Pension funds; employers' social contributions paid (IMA) FA596401001 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6
Pension funds; taxes on production and imports less subsidies, payable (IMA) FA596240101 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7
Pension funds; operating surplus, net (IMA) FA596402101 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8
Pension funds; net national income/balance of primary incomes, net (IMA) FA596140005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9
Pension funds; operating surplus, net (IMA) FA596402101 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10
Pension funds; property income (received) (IMA) FA596150105 390.5 418.0 465.1 489.4 476.5 482.6 504.7 520.9 531.9 566.3 11
Pension funds; interest received (IMA) FA596130101 284.9 296.0 335.4 371.3 360.9 366.2 375.4 378.3 372.6 394.4 12
Pension funds; dividends received (IMA) FA596121101 105.6 121.9 129.7 118.0 115.6 116.4 129.3 142.6 159.3 171.9 13
Pension funds; reinvested earnings on U.S. direct investment abroad; received (IMA) FA593092281 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14
Pension funds; uses of property income (paid) (IMA) FA596150005 390.5 418.0 465.1 489.4 476.5 482.6 504.7 520.9 531.9 566.3 15
Pension funds; interest paid (IMA) FA596130001 284.9 296.0 335.4 371.3 360.9 366.2 375.4 378.3 372.6 394.4 16
Pension funds; distributed income of corporations, paid (IMA) FA596120005 105.6 121.9 129.7 118.0 115.6 116.4 129.3 142.6 159.3 171.9 17
Pension funds; dividends paid (IMA) FA596121001 105.6 121.9 129.7 118.0 115.6 116.4 129.3 142.6 159.3 171.9 18
Pension funds; withdrawals from income of quasi-corporations, paid (IMA) FA596122001 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19
Pension funds; reinvested earnings on foreign direct investment in U.S.; paid (IMA) FA593192281 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20
Pension funds; rents on land and natural resources paid (IMA) FA596112001 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21
Pension funds; net national income/balance of primary incomes, net (IMA) FA596140005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22
Pension funds; current taxes on income, wealth, etc. paid (IMA) FA596220001 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23
Pension funds; other current transfers received, net (IMA) FA596403105 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 24
Pension funds; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA596012005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 25
Pension funds; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA596012005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 26
Pension funds; net saving including foreign earnings retained abroad and CCAdj less net capital transfers paid FA596006385 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 27
Pension funds; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA596012005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 28
Pension funds; net capital transfers paid (IMA) FA595440083 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29
Pension funds; capital formation, net (IMA) FA595015085 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30
Pension funds; gross fixed capital formation (IMA) FA595013081 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31
Pension funds; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA596300081 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32
Pension funds; net lending (+) or borrowing (-) (capital account) (IMA) FA595000995 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 33
Pension funds; other current transfers received, net (IMA) FA596403105 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 34
Pension funds; other current transfers received, contributions received (IMA) FA596403115 1018.7 1087.3 1162.5 1183.2 1206.1 1227.0 1269.9 1310.1 1342.8 1406.2 35
Pension funds; other current transfers received, claims on pension benefits (IMA) FA596403125 630.7 672.0 700.2 697.3 734.2 749.1 770.3 794.9 817.1 846.3 36
Pension funds; other current transfers received, actual employer contributions (IMA) FA596403133 370.3 389.5 453.3 467.0 503.5 525.8 539.1 549.2 560.2 559.4 37
Pension funds; other current transfers received, imputed employer contributions (IMA) FA596403143 34.9 39.2 -5.8 -22.9 -30.1 -51.5 -59.1 -61.7 -63.5 -48.1 38
Pension funds; other current transfers received, actual household contributions (IMA) FA596403153 247.3 267.2 273.3 271.0 280.5 295.2 311.9 330.4 345.1 361.3 39
Pension funds; other current transfers paid, pension service charges for defined benefit pension plans (IMA) FA596403013 21.9 23.9 20.6 17.9 19.7 20.3 21.6 23.0 24.7 26.3 40
Pension funds; other current transfers received, household pension contribution supplements (IMA) FA596403163 390.5 418.0 465.1 489.4 476.5 482.6 504.7 520.9 531.9 566.3 41
Pension funds; other current transfers paid, pension service charges for defined contribution pension plans (IMA) FA596403023 2.5 2.8 2.8 3.4 4.5 4.8 5.1 5.7 6.2 6.4 42
Pension funds; other current transfers paid, benefit payments and withdrawals (IMA) FA596403033 706.9 772.9 766.4 762.2 831.7 864.7 945.5 1052.2 1122.4 1209.0 43
Pension funds; other current transfers paid, net change in benefit entitlements from defined benefit plans (IMA) FA596403043 186.8 187.1 211.9 231.4 221.7 207.2 177.2 130.9 98.2 95.5 44
Pension funds; other current transfers paid, net change in assets from current transactions for defined contribution plans (IMA) FA596403053 124.9 127.3 184.1 189.6 152.7 155.1 147.2 126.9 122.2 101.7 45
Pension funds; net lending (+) or borrowing (-) (capital account) (IMA) FA595000995 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 46
Pension funds; total financial assets FA594090005 484.3 456.4 364.3 535.2 533.4 413.9 447.9 455.3 273.9 381.8 47
Pension funds; total currency and deposits; asset FA594000005 7.2 8.2 -9.3 0.8 7.8 9.7 -8.9 6.9 8.7 2.6 48
Pension funds; checkable deposits and currency; asset FA593020005 -2.4 1.5 -5.7 -2.7 2.6 5.7 -2.3 -0.1 3.6 1.0 49
Pension funds; total time and savings deposits; asset FA593030005 9.6 6.8 -3.6 3.5 5.1 4.0 -6.7 7.0 5.1 1.6 50
Pension funds; debt securities; asset FA594022005 182.6 107.6 69.8 -9.3 216.0 176.1 196.2 287.4 128.4 131.9 51
Pension funds; commercial paper; asset FA593069105 2.2 7.3 -5.9 2.2 3.9 4.5 -7.8 7.9 5.4 3.3 52
Pension funds; Treasury securities; asset FA593061105 56.3 34.8 79.5 118.4 113.8 139.7 128.2 124.3 75.8 106.3 53
Pension funds; agency- and GSE-backed securities; asset FA593061705 23.2 -1.4 -31.6 -11.0 9.7 -35.2 -21.2 -4.7 -7.1 -15.2 54
State and local government employee defined benefit retirement funds; municipal securities; asset FA223062043 -0.0 -0.2 -0.1 0.1 0.7 -0.6 -0.0 1.0 -0.2 -0.2 55
Pension funds; corporate and foreign bonds; asset FA593063005 100.9 67.1 28.0 -119.0 87.8 67.7 97.0 158.9 54.4 37.7 56
Pension funds; total loans including security repurchase agreements; asset FA594035005 -1.3 4.6 -11.9 -5.1 2.6 -5.0 -0.4 -0.6 2.7 -3.4 57
Pension funds; security repurchase agreements; asset FA592051005 -2.9 0.4 -1.1 -0.0 0.1 0.1 -0.6 0.6 0.5 -0.2 58
Pension funds; total mortgages; asset FA593065005 1.6 4.2 -10.8 -5.1 2.5 -5.2 0.2 -1.2 2.2 -3.2 59
Pension funds; equity and investment fund shares; asset (IMA) FA593081005 -39.0 69.5 64.9 15.0 0.1 -151.4 -122.8 -213.3 -256.9 -133.6 60
Pension funds; corporate equities; asset FA593064105 -119.7 37.3 40.2 -57.1 -47.1 -151.6 -104.0 -377.6 -312.6 -179.1 61
Pension funds; mutual fund shares; asset FA593064205 63.9 21.5 20.3 87.4 56.6 -15.8 2.1 148.3 51.8 49.8 62
Pension funds; money market mutual fund shares; asset FA593034005 16.8 10.7 4.4 -15.3 -9.4 16.0 -20.8 16.0 3.8 -4.3 63
Pension funds; retirement entitlements; asset (IMA) FA593052025 295.4 229.6 270.7 510.5 274.0 337.8 350.0 332.8 351.3 335.4 64
Pension funds; unidentified miscellaneous assets FA593093005 39.5 36.9 -19.8 23.3 33.1 46.9 33.8 42.1 39.8 48.9 65
Pension funds; total liabilities FA594190005 484.5 456.7 364.4 535.2 533.4 413.8 448.1 455.1 273.8 381.8 66
Pension funds; net lending (+) or borrowing (-) (financial account) FA595000005 -0.1 -0.3 -0.0 0.1 0.1 0.1 -0.2 0.1 0.1 0.1 67
Pension funds; total other volume changes (IMA) FV598090185 -493.2 -159.1 1343.8 -583.7 -425.9 29.3 -416.5 -922.2 -359.2 74.9 68
Pension funds; nonfinancial assets (does not include land) FV592010095 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 69
Pension funds; other volume changes (IMA) FV598090085 -493.1 -158.8 1343.9 -583.8 -426.0 29.2 -416.4 -922.3 -359.3 74.8 70
Pension funds; statistical discrepancy (IMA) FU597005045 0.1 0.3 0.0 -0.1 -0.1 -0.1 0.2 -0.1 -0.1 -0.1 71
Pension funds; nonfinancial assets (does not include land) FR592010095 0.4 0.2 0.4 -0.3 0.0 0.2 0.1 0.2 0.1 0.1 72
Pension funds; nonresidential structures, current cost basis FR595013665 0.4 0.2 0.4 -0.3 0.0 0.2 0.1 0.2 0.1 0.1 73
Pension funds; nonresidential equipment, current cost basis FR595013265 0.0 0.0 0.0 -0.0 -0.0 0.0 -0.0 0.0 0.0 0.0 74
Pension funds; nonresidential intellectual property products, current cost basis FR595013765 0.0 0.0 -0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 -0.0 75
Pension funds; equity and investment fund shares; asset (IMA) FR593081005 838.5 303.9 -2453.3 1115.5 759.9 -110.9 785.9 1621.5 602.0 -47.6 76
Pension funds; corporate equities; asset FR593064105 526.9 148.3 -1516.1 657.9 507.4 -26.1 483.4 1150.1 451.3 -41.5 77
Pension funds; mutual fund shares; asset FR593064205 311.6 155.6 -937.2 457.7 252.5 -84.7 302.5 471.4 150.7 -6.1 78
Pension funds; total liabilities FR594190005 375.7 166.3 -1125.6 543.6 336.0 -77.2 383.0 721.3 252.3 18.8 79
Pension funds; changes in net worth due to nominal holding gains/losses (IMA) FR598200005 463.2 137.9 -1327.4 571.7 423.9 -33.4 403.0 900.4 349.8 -66.3 80
Pension funds; net worth (IMA) FC592090095 -30.0 -21.2 16.5 -12.1 -2.0 -4.1 -13.5 -21.8 -9.4 8.5 81
Pension funds; total assets (does not include land) FL592000095 12185.5 12833.8 12113.2 13168.1 14538.7 14912.8 15751.8 16979.0 17647.9 18223.5 82
Pension funds; nonfinancial assets (does not include land) FL592010095 5.7 6.2 6.6 6.2 6.2 6.3 6.6 6.6 6.7 6.8 83
Pension funds; nonresidential structures, current cost basis FL595013665 5.6 6.1 6.5 6.1 6.1 6.2 6.4 6.5 6.6 6.6 84
Pension funds; nonresidential equipment, current cost basis FL595013265 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 85
Pension funds; nonresidential intellectual property products, current cost basis FL595013765 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 86
Pension funds; total financial assets FL594090005 12179.9 12827.7 12106.6 13161.9 14532.5 14906.5 15745.3 16972.3 17641.2 18216.7 87
Pension funds; total currency and deposits; asset FL594000005 72.8 81.1 71.7 72.6 80.3 90.0 81.1 87.9 96.6 99.2 88
Pension funds; checkable deposits and currency; asset FL593020005 20.6 22.1 16.4 13.7 16.4 22.1 19.8 19.6 23.3 24.3 89
Pension funds; total time and savings deposits; asset FL593030005 52.2 59.0 55.4 58.8 63.9 68.0 61.3 68.3 73.4 74.9 90
Pension funds; debt securities; asset FL594022005 2476.7 2584.3 2654.1 2644.8 2860.7 3036.8 3233.0 3520.3 3648.8 3805.7 91
Pension funds; commercial paper; asset FL593069105 67.0 74.3 68.4 70.5 74.5 78.9 71.2 79.1 84.5 87.9 92
Pension funds; Treasury securities; asset FL593061105 1280.2 1315.0 1394.5 1512.8 1626.7 1766.3 1894.5 2018.7 2094.5 2200.8 93
Pension funds; agency- and GSE-backed securities; asset FL593061705 373.7 372.2 340.6 329.6 339.3 304.1 282.9 278.2 271.2 255.9 94
State and local government employee defined benefit retirement funds; municipal securities; asset FL223062043 1.6 1.4 1.3 1.3 2.0 1.4 1.4 2.4 2.2 2.0 95
Pension funds; corporate and foreign bonds; asset FL593063005 754.3 821.4 849.4 730.4 818.3 886.0 983.0 1141.9 1196.3 1259.1 96
Pension funds; total loans including security repurchase agreements; asset FL594035005 53.8 58.4 46.4 41.4 43.9 38.9 38.5 37.9 40.6 37.2 97
Pension funds; security repurchase agreements; asset FL592051005 6.5 6.9 5.8 5.8 5.9 6.0 5.5 6.1 6.6 6.3 98
Pension funds; total mortgages; asset FL593065005 47.3 51.5 40.6 35.6 38.0 32.9 33.1 31.8 34.1 30.9 99
Pension funds; equity and investment fund shares; asset (IMA) FL593081005 6654.2 7027.6 4639.2 5769.8 6529.7 6267.4 6930.6 8338.8 8683.9 8507.7 100
Pension funds; corporate equities; asset LM593064105 3877.0 4062.7 2586.7 3187.5 3647.8 3470.1 3849.5 4622.0 4760.7 4540.1 101
Pension funds; mutual fund shares; asset LM593064205 2575.2 2752.3 1835.5 2380.6 2689.7 2589.1 2893.7 3513.4 3716.0 3764.7 102
Pension funds; money market mutual fund shares; asset FL593034005 201.9 212.6 217.0 201.7 192.3 208.2 187.4 203.4 207.2 202.9 103
Pension funds; retirement entitlements; asset (IMA) FL593052025 2329.0 2446.1 4084.7 3999.7 4351.0 4759.7 4714.6 4197.7 4341.9 4888.6 104
Pension funds; unidentified miscellaneous assets FL593093005 593.3 630.2 610.4 633.7 666.8 713.6 747.5 789.6 829.4 878.2 105
Pension funds; total assets (does not include land) FL592000095 12185.5 12833.8 12113.2 13168.1 14538.7 14912.8 15751.8 16979.0 17647.9 18223.5 106
Pension funds; total liabilities FL594190005 12303.6 12973.1 12236.0 13302.9 14675.6 15053.8 15906.4 17155.3 17833.6 18400.7 107
Pension funds; net worth (IMA) FL592090095 -118.0 -139.2 -122.8 -134.9 -136.9 -141.0 -154.5 -176.4 -185.7 -177.2 108

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NOTES

  1. Consists of rental income of tenant-occupied housing and proprietors' income. Quasi-corporations are unincorporated enterprises that function as if they were corporations; they primarily cover their operating costs through sales, and they keep a complete set of financial records.
  2. Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
  3. The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
  4. Excludes land.
Last update: September 16, 2016