L.229 Pension Entitlements
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2021 2022 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 Line
All sectors; pension entitlements; liability FL893150005 31869.7 28353.2 30822.1 29052.8 28231.1 28353.2 29002.2 29587.7 29354.6 1
Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) FL543150005 4038.5 3756 3911 3690.8 3649.3 3756 3873.4 3971.1 3911.7 2
Private pension funds; total liabilities (2) FL574190005 13203.1 11743.2 12714.9 11678.2 11345.1 11743.2 12131.2 12478.1 12223.1 3
Federal government retirement funds; total financial assets (3) FL344090005 4559.6 3529.5 4314.9 4009.6 3748 3529.5 3582.4 3637.1 3641.6 4
State and local government employee retirement funds; pension entitlements (total liabilities) FL224190005 9898.3 9067.9 9689.7 9461 9253.8 9067.9 9152.5 9236.1 9301.5 5
Rest of the world; pension entitlement reserve credit from non-U.S. reinsurers; liability FL263150005 170.2 256.5 191.8 213.3 234.9 256.5 262.8 265.4 276.7 6
All sectors; pension entitlements; liability FL893150005 31869.7 28353.2 30822.1 29052.8 28231.1 28353.2 29002.2 29587.7 29354.6 7
Households and nonprofit organizations; pension entitlements; asset (4) FL153050005 31489 27867.7 30415.3 28619.9 27772 27867.7 28504.8 29085.5 28828 8
Life insurance companies; pension entitlements reserve credit from reinsurers; asset FL543050005 380 484.2 406 432 458 484.2 496.2 501 525.3 9
Life insurance companies; assumed pension entitlement reserve credit from non-U.S. insurers; liability FL543151905 0.7 1.3 0.9 1 1.1 1.3 1.3 1.3 1.3 10
All sectors; IRAs; liability (5) LM893131573 14460 11950 13630 12050 11375 11950 12465 12955 ND 11
U.S.-chartered depository institutions; IRAs and Keoghs; liability FL763131573 592.2 560.1 578.4 635.9 572.6 560.1 471 482.6 ND 12
Credit unions; IRAs; liability FL473131573 83.9 83 84.1 84 83.8 83 83.5 84.3 ND 13
Life insurance companies; IRAs; liability LM543131503 793 739 768 725 718 739 762 780 ND 14
Money market funds; IRAs; liability FL633131573 365 427 379 400 410 427 451 482 ND 15
Mutual funds; IRAs; liability LM653131573 5606 4413 5231 4488 4217 4413 4622 4801 ND 16
Households and nonprofit organizations; IRAs; liability LM153131575 7019.8 5727.9 6589.6 5717.1 5373.6 5727.9 6075.6 6325.1 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. 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: December 7, 2023