L.227 Pension Entitlements
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2019 2020 2021 2020 Q3 2020 Q4 2021 Q1 2021 Q2 2021 Q3 2021 Q4 Line
All sectors; pension entitlements; liability FL893150005 28209.6 30093.5 32058.0 28969.7 30093.5 30494.4 31242.9 31324.9 32058.0 1
Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) FL543150005 3483.3 3804.8 4097.8 3581.7 3804.8 3813.7 3928.2 3934.5 4097.8 2
Private pension funds; total liabilities (2) FL574190005 11079.4 12062.2 13188.8 11365.4 12062.2 12317.3 12790.0 12772.5 13188.8 3
Federal government retirement funds; total financial assets (3) FL344090005 4222.7 4424.3 4634.1 4336.9 4424.3 4479.2 4546.8 4569.3 4634.1 4
State and local government employee retirement funds; pension entitlements (total liabilities) FL224190005 9343.4 9674.5 10004.2 9569.5 9674.5 9756.0 9847.5 9916.5 10004.2 5
Rest of the world; pension entitlement reserve credit from non-U.S. reinsurers; liability FL263150005 80.8 127.8 133.2 116.1 127.8 128.3 130.4 132.0 133.2 6
All sectors; pension entitlements; liability FL893150005 28209.6 30093.5 32058.0 28969.7 30093.5 30494.4 31242.9 31324.9 32058.0 7
Households and nonprofit organizations; pension entitlements; asset (4) FL153050005 27994.1 29799.9 31751.9 28695.5 29799.9 30199.7 30943.3 31021.6 31751.9 8
Life insurance companies; pension entitlements reserve credit from reinsurers; asset FL543050005 199.5 291.3 303.7 268.3 291.3 292.3 297.2 300.8 303.7 9
Life insurance companies; assumed pension entitlement reserve credit from non-U.S. insurers; liability FL543151905 16.0 2.4 2.5 5.8 2.4 2.4 2.4 2.4 2.5 10
All sectors; IRAs; liability (5) LM893131573 10850.0 12210.0 ND 11190.0 12210.0 12555.0 13237.0 13163.0 ND 11
U.S.-chartered depository institutions; IRAs and Keoghs; liability FL763131573 476.5 600.7 ND 549.0 600.7 558.8 581.9 553.4 ND 12
Credit unions; IRAs; liability FL473131573 81.7 84.6 ND 84.4 84.6 85.1 85.0 85.5 ND 13
Life insurance companies; IRAs; liability LM543131503 684.0 747.0 ND 704.0 747.0 748.0 771.0 773.0 ND 14
Money market funds; IRAs; liability FL633131573 314.0 391.0 ND 392.0 391.0 380.0 365.0 365.0 ND 15
Mutual funds; IRAs; liability LM653131573 4286.0 4836.0 ND 4341.0 4836.0 5034.0 5359.0 5338.0 ND 16
Households and nonprofit organizations; IRAs; liability LM153131575 5007.8 5550.7 ND 5119.7 5550.7 5749.1 6075.1 6048.1 ND 17

NOTES

  1. Annuities, including those in IRAs.
  2. Includes unallocated insurance company contracts beginning 1985:Q4.
  3. Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.
  4. Excludes all individual retirement accounts (IRAs), except those at life insurance companies.
  5. Asset of the household and nonprofit organizations sector (tables L.101 and B.101). Figures for depositories (lines 12 and 13) include Keogh accounts. Variable annuities in IRAs are included in the life insurance sector (line 14) and excluded from the money market fund and mutual fund sectors (lines 15 and 16).
Last Update: March 10, 2022