L.119 Federal Government Employee Retirement Funds
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2018 2019 2020 2021 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 Line
Federal government retirement funds; total financial assets (1) FL344090005 4035.5 4222.7 4424.7 4627.7 4479.8 4547.8 4570.9 4627.7 4640.8 1
Federal government retirement funds; checkable deposits and currency held by National Railroad Retirement Investment Trust; asset FL343020033 0.8 0.7 1.0 1.5 1.1 1.2 1.3 1.5 1.6 2
Federal government retirement funds; debt securities; asset LM344022005 2061.7 2177.4 2326.6 2483.6 2317.7 2332.6 2140.4 2483.6 2512.1 3
Federal government retirement funds; Treasury securities; asset (2) LM343061105 2039.6 2151.3 2297.5 2456.8 2289.7 2304.3 2113.7 2456.8 2487.3 4
Federal government retirement funds; agency- and GSE-backed securities; asset LM343061705 8.8 10.5 11.7 11.7 11.3 11.3 10.8 11.7 11.0 5
Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset LM343062033 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6
Federal government retirement funds; corporate and foreign bonds; asset LM343063005 13.2 15.6 17.3 15.0 16.6 16.9 15.8 15.0 13.7 7
Federal government; other loans and advances due to federal government defined contribution retirement funds; liability (3) FL313169003 0.0 0.0 0.0 0.0 0.0 0.0 180.6 0.0 0.0 8
Federal government retirement funds; corporate equities; asset LM343064105 292.1 370.7 418.6 524.0 449.2 487.6 483.8 524.0 485.6 9
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset (4) FL343073045 1681.0 1673.9 1678.6 1618.7 1711.9 1726.4 1764.8 1618.7 1641.5 10
Federal government retirement funds; total financial assets (5) FL344090005 4035.5 4222.7 4424.7 4627.7 4479.8 4547.8 4570.9 4627.7 4640.8 11
Federal government defined benefit retirement funds; total financial assets FL344090045 3476.8 3583.4 3690.0 3800.8 3718.3 3745.7 3773.5 3800.8 3826.7 12
Federal government defined benefit retirement funds; total funded assets (6) FL342000075 1795.8 1909.5 2011.5 2182.2 2006.4 2019.2 2008.7 2182.2 2185.2 13
Federal government defined benefit retirement funds; claims of pension funds on sponsor; asset FL343073045 1681.0 1673.9 1678.6 1618.7 1711.9 1726.4 1764.8 1618.7 1641.5 14
Federal government defined benefit retirement funds; total financial assets (7) FL344090045 3476.8 3583.4 3690.0 3800.8 3718.3 3745.7 3773.5 3800.8 3826.7 15
Federal government defined contribution retirement funds; total financial assets (8) FL344090055 558.7 639.3 734.6 826.9 761.5 802.2 797.4 826.9 814.1 16

NOTES

  1. Includes claims on sponsor (i.e., unfunded pension entitlements).
  2. Comprised primarily of nonmarketable Treasury securities.
  3. Suspended investments in the Thrift Savings Plan G Fund by the Treasury.
  4. Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
  5. Actuarial value of projected pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
  6. Total defined benefit financial assets less defined benefit claims of pension fund on sponsor.
  7. Additional detail on defined benefit plans is available on table L.119.b.
  8. Additional detail on defined contribution plans is available on table L.119.c.
Last Update: June 9, 2022