F.227 Pension Entitlements
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
All sectors; pension entitlements; liability FA893150005 446.5 586.9 404.5 544.5 590.0 524.7 594.5 468.8 536.6 1
Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) FA543150005 28.7 62.4 -45.6 107.5 56.0 94.8 188.2 90.9 113.4 2
Private pension funds; total liabilities (2) FA574190005 115.6 137.5 67.4 27.4 35.6 -1.2 21.7 53.5 44.3 3
Federal government retirement funds; total financial assets (3) FA344090005 72.4 96.9 79.4 78.6 157.0 109.0 52.1 -3.7 92.9 4
State and local government employee retirement funds; pension entitlements (total liabilities) FA224190005 226.7 243.1 260.9 244.7 255.0 235.9 246.2 241.7 260.7 5
Rest of the world; pension entitlement reserve credit from non-U.S. reinsurers; liability FA263150005 3.1 47.0 42.4 86.3 86.3 86.3 86.3 86.3 25.3 6
All sectors; pension entitlements; liability FA893150005 446.5 586.9 404.5 544.5 590.0 524.7 594.5 468.8 536.6 7
Households and nonprofit organizations; pension entitlements; asset (4) FA153050005 438.1 508.9 317.6 439.5 485.0 419.7 489.5 363.8 488.8 8
Life insurance companies; pension entitlements reserve credit from reinsurers; asset FA543050005 7.7 91.6 88.5 104.5 104.5 104.5 104.5 104.5 47.7 9
Life insurance companies; assumed pension entitlement reserve credit from non-U.S. insurers; liability FA543151905 0.6 -13.6 -1.6 0.5 0.5 0.5 0.5 0.5 0.1 10
All sectors; IRAs; liability (5) FA893131573 345.0 161.6 285.5 -243.4 16.3 -244.7 -292.3 -452.8 ND 11
U.S.-chartered depository institutions; IRAs and Keoghs; liability FA763131573 -13.7 124.2 -8.4 -32.1 -55.4 230.3 -253.2 -50.2 ND 12
Credit unions; IRAs; liability FA473131573 3.5 2.9 -0.7 0.2 0.5 -0.2 -0.9 1.3 ND 13
Life insurance companies; IRAs; liability FA543131503 31.0 34.0 15.9 -44.3 -64.9 -98.1 -24.3 9.9 ND 14
Money market funds; IRAs; liability FA633131573 49.0 77.0 -26.0 62.0 56.0 84.0 40.0 68.0 ND 15
Mutual funds; IRAs; liability FA653131573 80.0 29.4 164.0 -179.0 -95.9 -286.7 -117.4 -215.9 ND 16
Households and nonprofit organizations; IRAs; liability FA153131575 195.3 -105.9 140.6 -50.1 176.0 -174.0 63.4 -265.9 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 (table F.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: June 8, 2023