L.227 Pension Entitlements
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2020 2021 2022 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 Line
All sectors; pension entitlements; liability FL893150005 30087.9 32049.4 30339.2 31376.1 32049.4 31470.7 30145.2 29785.6 30339.2 1
Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) FL543150005 3794.0 4008.1 3585.9 3928.8 4008.1 3856.8 3611.5 3539.5 3585.9 2
Private pension funds; total liabilities (2) FL574190005 12137.7 13351.0 11871.6 12905.0 13351.0 12865.1 11809.8 11478.4 11871.6 3
Federal government retirement funds; total financial assets (3) FL344090005 4391.3 4563.9 4538.1 4513.7 4563.9 4570.4 4516.2 4505.8 4538.1 4
State and local government employee retirement funds; pension entitlements (total liabilities) FL224190005 9637.1 9956.1 10165.4 9869.1 9956.1 10006.3 10033.4 10086.1 10165.4 5
Rest of the world; pension entitlement reserve credit from non-U.S. reinsurers; liability FL263150005 127.8 170.2 178.2 159.6 170.2 172.1 174.3 175.8 178.2 6
All sectors; pension entitlements; liability FL893150005 30087.9 32049.4 30339.2 31376.1 32049.4 31470.7 30145.2 29785.6 30339.2 7
Households and nonprofit organizations; pension entitlements; asset (4) FL153050005 29794.3 31668.7 29940.9 31017.2 31668.7 31085.8 29755.5 29392.6 29940.9 8
Life insurance companies; pension entitlements reserve credit from reinsurers; asset FL543050005 291.3 380.0 397.5 357.8 380.0 384.1 388.9 392.3 397.5 9
Life insurance companies; assumed pension entitlement reserve credit from non-U.S. insurers; liability FL543151905 2.4 0.7 0.8 1.1 0.7 0.7 0.8 0.8 0.8 10
All sectors; IRAs; liability (5) LM893131573 12333.0 13913.0 ND 13336.0 13913.0 13168.0 11669.0 11048.0 ND 11
U.S.-chartered depository institutions; IRAs and Keoghs; liability FL763131573 600.7 592.2 ND 553.4 592.2 578.4 635.9 572.6 ND 12
Credit unions; IRAs; liability FL473131573 84.6 83.9 ND 84.7 83.9 84.1 84.0 83.8 ND 13
Life insurance companies; IRAs; liability LM543131503 745.0 789.0 ND 774.0 789.0 759.0 711.0 697.0 ND 14
Money market funds; IRAs; liability FL633131573 391.0 365.0 ND 365.0 365.0 379.0 399.0 409.0 ND 15
Mutual funds; IRAs; liability LM653131573 4836.0 5605.0 ND 5359.0 5605.0 5225.0 4488.0 4219.0 ND 16
Households and nonprofit organizations; IRAs; liability LM153131575 5675.7 6477.9 ND 6199.9 6477.9 6142.6 5351.1 5066.6 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. Includes public and private defined benefit and defined contribution pension plans, and annuities at life insurance companies. Annuities include those held in individual retirement accounts (IRAs). Social security is excluded.
  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 9, 2023