Financial Accounts of the United States - Z.1
F.120 State and Local Government Employee Retirement Funds
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2013 | 2014 | 2015 | 2016 | 2016 Q1 | 2016 Q2 | 2016 Q3 | 2016 Q4 | 2017 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local government employee retirement funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA226330005 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 1 |
| State and local government employee retirement funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA225013005 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 2 |
| State and local government employee retirement funds; total financial assets (1) | FA224090005 | 199.6 | 175.4 | 204.7 | 222.0 | 225.0 | 215.7 | 216.5 | 230.9 | 248.2 | 3 |
| State and local government employee defined benefit retirement funds; checkable deposits and currency; asset | FA223020043 | 0.3 | 0.4 | 0.0 | 0.9 | -0.8 | 0.7 | 0.5 | 3.1 | 0.5 | 4 |
| State and local government employee defined benefit retirement funds; total time and savings deposits; asset | FA223030045 | 2.3 | 3.2 | 0.2 | 7.6 | -7.0 | 6.2 | 4.7 | 26.4 | 3.9 | 5 |
| State and local government employee retirement funds; money market mutual fund shares; asset | FA223034005 | 3.4 | 2.9 | 0.3 | 7.8 | -12.2 | 7.2 | 5.2 | 31.2 | 3.7 | 6 |
| State and local government employee defined benefit retirement funds; security repurchase agreements; asset | FA222051043 | 0.2 | 0.3 | 0.0 | 0.7 | -0.7 | 0.6 | 0.4 | 2.5 | 0.4 | 7 |
| State and local government employee defined benefit retirement funds retirement funds; debt securities; asset | FA224022045 | 89.7 | 20.3 | -5.7 | 57.1 | 58.0 | 79.4 | 80.0 | 11.0 | 25.7 | 8 |
| State and local government employee defined benefit retirement funds; commercial paper; asset | FA223069143 | 2.5 | 3.4 | 0.3 | 8.3 | -7.6 | 6.8 | 5.1 | 28.7 | 4.3 | 9 |
| State and local government employee defined benefit retirement funds; Treasury securities; asset | FA223061143 | 15.4 | -7.0 | -6.5 | 12.4 | 3.1 | 26.6 | 20.3 | -0.6 | 2.9 | 10 |
| State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset | FA223061743 | 2.8 | -4.1 | -6.7 | 6.8 | 1.7 | 14.7 | 11.1 | -0.3 | 0.0 | 11 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 1.0 | -0.2 | -0.2 | -0.3 | 1.6 | 0.2 | -1.2 | -1.6 | -0.2 | 12 |
| State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset | FA223063045 | 68.0 | 28.2 | 7.5 | 30.0 | 59.2 | 31.1 | 44.7 | -15.2 | 18.7 | 13 |
| State and local government employee defined benefit retirement funds; total mortgages; asset | FA223065043 | -0.5 | 0.6 | -0.4 | -3.2 | -5.1 | 0.0 | -6.2 | -1.5 | -1.8 | 14 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -179.0 | -132.2 | -66.7 | -91.8 | -8.6 | -77.3 | -119.8 | -161.6 | -79.3 | 15 |
| State and local government employee retirement funds; mutual fund shares; asset | FA223064205 | 24.4 | 11.3 | 22.3 | -34.1 | -17.5 | -9.6 | -30.6 | -78.5 | 0.4 | 16 |
| State and local government employee retirement funds; miscellaneous assets | FA223090005 | 258.7 | 268.6 | 254.6 | 277.0 | 218.8 | 208.4 | 282.4 | 398.4 | 294.7 | 17 |
| State and local government employee defined contribution retirement funds; unallocated insurance contracts; asset (2) | FA223095505 | -0.7 | -6.4 | -1.4 | 10.1 | 15.1 | 5.0 | 9.8 | 10.6 | 26.6 | 18 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (3) | FA223073045 | 244.9 | 261.1 | 256.0 | 242.3 | 218.1 | 204.0 | 261.2 | 285.7 | 251.9 | 19 |
| State and local government employee retirement funds; unidentified miscellaneous assets | FA223093005 | 14.6 | 13.9 | 0.0 | 24.6 | -14.4 | -0.7 | 11.3 | 102.0 | 16.2 | 20 |
| State and local government employee retirement funds; pension entitlements (total liabilities) (4) | FA224190005 | 199.5 | 175.3 | 204.6 | 222.0 | 224.9 | 215.6 | 216.5 | 230.9 | 248.1 | 21 |
| State and local government employee defined benefit retirement funds; total financial assets | FA224090045 | 207.3 | 205.3 | 210.1 | 215.7 | 215.7 | 215.7 | 215.7 | 215.7 | 215.7 | 22 |
| State and local government employee defined contribution retirement funds; total financial assets | FA224090055 | -7.7 | -29.9 | -5.4 | 6.3 | 9.3 | -0.0 | 0.8 | 15.3 | 32.5 | 23 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Assets of defined contribution funds held at life insurance companies.
- Unfunded defined benefit pension entitlements.
- Actuarial value of accrued pension entitlements. These liabilities are assets of the household sector.
- Additional detail on defined benefit plans and defined contribution plans is available on tables F.120.b and F.120.c.
Last Update: June 8, 2017