Financial Accounts of the United States - Z.1
F.118.b Private Pension Funds Defined Benefit Plans
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2019 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private defined benefit pension funds; total financial assets (1) | FA574090045 | -35.7 | -35.7 | -37.9 | -43.3 | -43.3 | -43.3 | -43.3 | -43.3 | -43.3 | 1 |
| Private defined benefit pension funds; checkable deposits and currency; asset | FA573020043 | -0.0 | 3.3 | 1.6 | 1.9 | 1.4 | 1.3 | 2.2 | 2.6 | 2.4 | 2 |
| Private defined benefit pension funds; total time and savings deposits; asset | FA573030043 | -15.8 | 1.7 | -6.7 | -5.0 | -5.9 | -5.7 | -9.1 | 0.8 | 0.7 | 3 |
| Private defined benefit pension funds; money market fund shares; asset | FA573034043 | 10.7 | 6.9 | 8.3 | 10.0 | 7.3 | 7.1 | 11.8 | 13.8 | 13.0 | 4 |
| Private defined benefit pension funds; security repurchase agreements; asset | FA572051043 | 13.3 | 2.6 | 7.6 | 9.1 | 6.6 | 6.5 | 10.7 | 12.6 | 11.8 | 5 |
| Private defined benefit pension funds; debt securities; asset | FA574022045 | 28.8 | 34.8 | 30.2 | 46.3 | 26.5 | 25.8 | 62.7 | 70.2 | 67.1 | 6 |
| Private defined benefit pension funds; commercial paper; asset | FA573069143 | -3.3 | 4.1 | 0.4 | 0.5 | 0.4 | 0.3 | 0.6 | 0.7 | 0.6 | 7 |
| Private defined benefit pension funds; Treasury securities; asset | FA573061143 | 34.7 | -13.5 | 10.1 | 22.1 | 8.8 | 8.6 | 34.2 | 36.7 | 35.7 | 8 |
| Private defined benefit pension funds; agency- and GSE-backed securities; asset | FA573061743 | 1.7 | 0.1 | 0.9 | 1.0 | 0.7 | 0.7 | 1.2 | 1.4 | 1.3 | 9 |
| Private defined benefit pension funds; corporate and foreign bonds; asset | FA573063043 | -4.3 | 44.1 | 18.9 | 22.7 | 16.6 | 16.2 | 26.7 | 31.4 | 29.5 | 10 |
| Private defined benefit pension funds; total mortgages; asset | FA573065043 | -0.2 | 0.4 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 11 |
| Private defined benefit pension funds; corporate equities; asset | FA573064143 | -135.0 | -86.3 | -105.1 | -126.4 | -92.2 | -89.8 | -148.9 | -174.4 | -163.8 | 12 |
| Private defined benefit pension funds; mutual fund shares; asset | FA573064243 | -47.0 | 0.3 | -22.2 | -26.6 | -19.5 | -19.0 | -31.3 | -36.8 | -34.6 | 13 |
| Private defined benefit pension funds; total miscellaneous assets | FA573090045 | 109.4 | 0.7 | 48.3 | 47.3 | 32.3 | 30.4 | 58.5 | 67.8 | 59.9 | 14 |
| Private defined benefit pension funds; unallocated insurance contracts; asset (2) | FA573095405 | -8.7 | -1.1 | -4.7 | -5.6 | -4.1 | -4.0 | -6.6 | -7.7 | -7.3 | 15 |
| Private defined benefit pension funds; pension fund contributions receivable; asset | FA573074043 | -5.4 | -3.8 | -4.4 | -5.3 | -3.8 | -3.7 | -6.2 | -7.3 | -6.8 | 16 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset (3) | FA573073005 | 73.3 | -6.7 | 27.6 | 22.5 | 14.2 | 12.8 | 29.4 | 33.6 | 27.7 | 17 |
| Private defined benefit pension funds; unidentified miscellaneous assets | FA573093043 | 50.2 | 12.3 | 29.7 | 35.7 | 26.0 | 25.4 | 41.9 | 49.3 | 46.3 | 18 |
| Private defined benefit pension funds; pension entitlements (total liabilities) | FA574190043 | -35.8 | -35.7 | -37.9 | -43.3 | -43.3 | -43.3 | -43.3 | -43.3 | -43.3 | 19 |
NOTES
- Includes claims on sponsor (i.e., unfunded pension entitlements).
- Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.
- Unfunded defined benefit pension entitlements.
Last Update: June 8, 2023