L.117 Private and Public Pension Funds (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted

Description Series code 2016 2017 2018 2017 Q3 2017 Q4 2018 Q1 2018 Q2 2018 Q3 2018 Q4 Line
Pension funds; total financial assets (2) FL594090005 21197.1 22447.9 22432.6 22105.6 22447.9 22491.8 22703.5 23011.0 22432.6 1
Pension funds; checkable deposits and currency; asset FL593020005 62.4 50.6 47.8 52.2 50.6 50.1 48.7 48.0 47.8 2
Pension funds; total time and savings deposits; asset FL593030005 34.2 32.3 29.0 32.5 32.3 31.3 30.2 29.5 29.0 3
Pension funds; money market fund shares; asset FL593034005 224.7 213.2 202.9 217.0 213.2 211.2 207.1 204.8 202.9 4
Pension funds; security repurchase agreements; asset FL592051005 7.4 6.6 5.7 6.9 6.6 6.4 6.1 5.9 5.7 5
Pension funds; debt securities; asset LM594022005 3951.8 4014.0 4392.4 4055.8 4014.0 4194.6 4195.3 4261.9 4392.4 6
Pension funds; commercial paper; asset FL593069105 95.2 85.6 75.0 88.9 85.6 83.5 79.8 77.5 75.0 7
Pension funds; Treasury securities; asset (3) LM593061105 2334.8 2331.1 2693.4 2396.2 2331.1 2505.4 2531.5 2574.9 2693.4 8
Pension funds; agency- and GSE-backed securities; asset LM593061705 275.8 289.1 297.7 282.5 289.1 289.9 292.3 290.9 297.7 9
Pension funds; municipal securities; asset LM593062045 2.7 3.8 2.8 2.4 3.8 2.9 2.7 2.7 2.8 10
Pension funds; corporate and foreign bonds; asset LM593063005 1243.3 1304.4 1323.4 1285.8 1304.4 1312.9 1289.0 1315.9 1323.4 11
Pension funds; loans; asset FL594023005 37.3 178.2 25.9 37.4 178.2 25.4 25.7 25.7 25.9 12
Federal government defined contribution retirement funds; other loans and advances; liability FL313169003 0.0 151.7 0.0 12.0 151.7 0.0 0.0 0.0 0.0 13
Pension funds; total mortgages; asset FL593065005 37.3 26.5 25.9 25.3 26.5 25.4 25.7 25.7 25.9 14
Pension funds; corporate equities; asset LM593064105 4907.9 5689.2 4937.4 5423.5 5689.2 5560.4 5646.5 5825.2 4937.4 15
Pension funds; mutual fund shares; asset LM593064205 3768.1 4350.4 4030.1 4202.7 4350.4 4330.8 4394.8 4516.9 4030.1 16
Pension funds; total miscellaneous assets FL593090005 8203.2 7913.3 8761.4 8077.5 7913.3 8081.7 8149.1 8093.0 8761.4 17
Pension funds; unallocated insurance contracts; asset (4) FL593095005 683.6 730.1 720.9 715.5 730.1 724.5 729.1 741.3 720.9 18
Private pension funds; pension fund contributions receivable; asset FL573074005 95.2 101.0 110.8 100.5 101.0 103.8 106.4 108.4 110.8 19
Pension funds; claims of pension fund on sponsor; asset (5) FL593073005 6516.6 6112.3 6929.0 6301.9 6112.3 6276.6 6325.5 6250.8 6929.0 20
Pension funds; unidentified miscellaneous assets FL593093005 907.8 969.9 1000.7 959.6 969.9 976.7 988.1 992.5 1000.7 21
Pension funds; total liabilities (6) FL594190005 21344.4 22580.9 22566.3 22235.5 22580.9 22624.1 22836.6 23145.4 22566.3 22
Defined benefit pension funds; pension entitlements (total liabilities) FL594190045 14825.9 15181.3 15523.7 15094.7 15181.3 15267.5 15353.6 15439.8 15523.7 23
Defined benefit pension funds; total funded assets (7) FL592000075 8309.3 9069.0 8594.7 8792.8 9069.0 8990.8 9028.1 9189.0 8594.7 24
Pension funds; defined benefit claims of pension fund on sponsor; asset FL593073045 6516.6 6112.3 6929.0 6301.9 6112.3 6276.6 6325.5 6250.8 6929.0 25
Households and nonprofit organizations; retirement assets (8) FL153050015 31928.0 34455.5 ND 33713.6 34455.5 34458.0 34777.8 35393.8 ND 26
Defined benefit pension funds; pension entitlements (total liabilities) FL594190045 14825.9 15181.3 15523.7 15094.7 15181.3 15267.5 15353.6 15439.8 15523.7 27
Defined contribution pension funds; total financial assets FL594090055 6518.5 7399.6 7042.6 7140.9 7399.6 7356.7 7483.0 7705.6 7042.6 28
All sectors; IRAs; liability (9) LM893131573 8080.0 9200.0 ND 8850.0 9200.0 9171.0 9263.0 9538.0 ND 29
Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (10) FL543150015 2503.6 2674.6 ND 2628.0 2674.6 2662.9 2678.2 2710.3 ND 30


NOTES

  1. Private pension funds, state and local government employee retirement funds, and federal government retirement funds defined benefit plans and defined contribution plans.
  2. Includes claims on sponsor (i.e., unfunded pension entitlements).
  3. Includes both marketable and nonmarketable government securities.
  4. Assets of pension plans held at life insurance companies; series begins 1985:Q4.
  5. Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
  6. Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
  7. Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.
  8. Households' retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.
  9. IRA assets are not included above. See memo items on table L.227 for a sectoral distribution of IRA accounts.
  10. Annuities held in IRAs are excluded. They are included in line 29.
Last Update: March 7, 2019