Financial Accounts of the United States - Z.1
F.117 Private and Public Pension Funds (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2015 | 2016 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pension funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) | FA596330005 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 1 |
| Pension funds; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA595013005 | 0.3 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 2 |
| Pension funds; total financial assets (2) | FA594090005 | 320.3 | 347.8 | 373.6 | 360.2 | 311.2 | 396.1 | 400.6 | 333.0 | 373.1 | 3 |
| Pension funds; checkable deposits and currency; asset | FA593020005 | 3.6 | 3.0 | -12.2 | -3.2 | -2.2 | -6.1 | -0.1 | -4.4 | -3.1 | 4 |
| Pension funds; total time and savings deposits; asset | FA593030005 | -4.1 | -0.2 | -1.9 | -3.4 | -4.3 | -4.3 | -2.5 | -2.6 | -2.0 | 5 |
| Pension funds; money market fund shares; asset | FA593034005 | -2.8 | 16.9 | -12.6 | -10.0 | -8.5 | -16.6 | -4.5 | -10.5 | -9.1 | 6 |
| Pension funds; security repurchase agreements; asset | FA592051005 | -0.3 | 0.9 | -0.9 | -0.8 | -0.7 | -1.3 | -0.3 | -1.0 | -0.7 | 7 |
| Pension funds; debt securities; asset | FA594022005 | 85.4 | 146.6 | 55.8 | 472.7 | 1095.0 | 176.1 | 363.1 | 256.8 | -538.3 | 8 |
| Pension funds; commercial paper; asset | FA593069105 | -3.6 | 11.2 | -9.7 | -9.5 | -8.2 | -14.9 | -3.9 | -11.0 | -7.9 | 9 |
| Pension funds; Treasury securities; asset (3) | FA593061105 | 56.3 | 167.4 | 0.5 | 400.4 | 891.0 | 169.2 | 252.4 | 289.2 | -625.7 | 10 |
| Pension funds; agency- and GSE-backed securities; asset | FA593061705 | -11.7 | 9.6 | 13.1 | 15.5 | 14.6 | 16.0 | 9.6 | 21.8 | 42.6 | 11 |
| Pension funds; municipal securities; asset | FA593062045 | 0.1 | 0.2 | 1.0 | -0.6 | -3.4 | -0.9 | 0.1 | 1.7 | -0.6 | 12 |
| Pension funds; corporate and foreign bonds; asset | FA593063005 | 44.3 | -41.7 | 50.9 | 66.9 | 201.0 | 6.6 | 104.9 | -44.9 | 53.3 | 13 |
| Pension funds; loans; asset | FA594023005 | -2.2 | 7.3 | 141.3 | -152.7 | -611.1 | 1.3 | 0.9 | -1.6 | 828.3 | 14 |
| Federal government defined contribution retirement funds; other loans and advances; liability | FA313169003 | 0.0 | 0.0 | 151.7 | -151.7 | -606.7 | 0.0 | 0.0 | 0.0 | 829.2 | 15 |
| Pension funds; total mortgages; asset | FA593065005 | -2.2 | 7.3 | -10.4 | -1.0 | -4.4 | 1.3 | 0.9 | -1.6 | -0.9 | 16 |
| Pension funds; corporate equities; asset | FA593064105 | -6.6 | -216.8 | -164.8 | -133.4 | -217.4 | -275.0 | -259.6 | 218.2 | -184.0 | 17 |
| Pension funds; mutual fund shares; asset | FA593064205 | 22.3 | -35.9 | 21.1 | 15.1 | 32.0 | 55.4 | -44.7 | 17.8 | 77.9 | 18 |
| Pension funds; total miscellaneous assets | FA593090005 | 225.0 | 426.0 | 347.8 | 176.0 | 28.6 | 466.7 | 348.4 | -139.7 | 204.1 | 19 |
| Pension funds; unallocated insurance contracts; asset (4) | FA593095005 | -15.5 | 21.4 | 3.2 | 11.7 | -15.3 | 7.7 | 28.6 | 25.8 | 28.7 | 20 |
| Private pension funds; pension fund contributions receivable; asset | FA573074005 | 15.2 | 3.9 | 6.1 | 9.0 | 10.9 | 10.2 | 7.9 | 6.9 | 5.2 | 21 |
| Pension funds; claims of pension fund on sponsor; asset (5) | FA593073005 | 240.4 | 303.7 | 274.7 | 138.8 | 9.5 | 403.3 | 288.5 | -146.1 | 140.4 | 22 |
| Pension funds; unidentified miscellaneous assets | FA593093005 | -15.1 | 97.0 | 63.8 | 16.5 | 23.6 | 45.5 | 23.4 | -26.2 | 29.9 | 23 |
| Pension funds; total liabilities | FA594190005 | 320.2 | 347.8 | 373.6 | 360.3 | 311.3 | 396.1 | 400.6 | 333.1 | 373.2 | 24 |
| Households and nonprofit organizations; retirement assets (6) | FA153050015 | 741.2 | 598.1 | 502.6 | 587.5 | 474.5 | 601.6 | 553.6 | 720.3 | ND | 25 |
| Defined benefit pension funds; pension entitlements (total liabilities) | FA594190045 | 285.4 | 291.4 | 293.3 | 284.9 | 284.8 | 285.3 | 284.6 | 285.0 | 283.6 | 26 |
| Defined contribution pension funds; total financial assets | FA594090055 | 34.8 | 56.5 | 80.3 | 75.3 | 26.5 | 110.8 | 116.1 | 48.1 | 89.6 | 27 |
| All sectors; IRAs; liability (7) | FA893131573 | 340.2 | 257.4 | 143.1 | 177.7 | 98.7 | 180.5 | 181.2 | 250.3 | ND | 28 |
| Life insurance companies; pension entitlements, excluding unallocated insurance contracts and IRAs; liability (8) | FA543150015 | 80.8 | -7.1 | -14.1 | 49.6 | 64.5 | 25.0 | -28.2 | 136.9 | ND | 29 |
NOTES
- Private pension funds, state and local government employee retirement funds, and federal government employee retirement funds defined benefit plans and defined contribution plans.
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Includes both marketable and nonmarketable government securities.
- Assets of pension plans held at life insurance companies; series begins 1985:Q4.
- Unfunded defined benefit pension entitlements.
- Households' retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.
- IRA assets are not included above. See memo item on table F.227 for a sectoral distribution of IRA accounts.
- Annuities held in IRAs are excluded. They are included in line 28.
Last Update: June 6, 2019