Financial Accounts of the United States - Z.1
F.119.c Federal government employee defined contribution pension funds1
Billions of dollars
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net acquisition of financial assets | FA344090055 | 17.3 | 12.8 | 18.7 | 15.3 | 11.6 | -7.2 | 1.4 | 12.5 | 68.0 |
| Line 2 | Debt securities | FA344022025 | 1.9 | 1.3 | 2.3 | 2.4 | 1.6 | 3.1 | 1.9 | 2.2 | 2.0 |
| Line 3 | Treasury securities | FA343061113 | 1.1 | 1.5 | 1.0 | 1.0 | 4.4 | 1.4 | 0.8 | 1.0 | 0.9 |
| Line 4 | Agency- and GSE-backed securities | FA343061723 | 0.2 | -0.2 | 0.6 | 0.7 | -1.9 | 0.8 | 0.5 | 0.6 | 0.5 |
| Line 5 | Corporate and foreign bonds | FA343063023 | 0.6 | 0.0 | 0.7 | 0.7 | -0.9 | 0.9 | 0.5 | 0.6 | 0.6 |
| Line 6 | Loans (other loans and advances)2 | FA343069055 | 2.3 | -0.1 | 46.9 | 24.2 | -20.5 | 97.5 | 10.2 | -2.4 | 82.1 |
| Line 7 | Corporate equities | FA343064125 | 13.0 | 11.6 | -30.5 | -11.3 | 30.5 | -107.8 | -10.7 | 12.6 | -16.1 |
| Line 8 | Net increase in pension entitlements (liabilities) | FA344090055 | 17.3 | 12.8 | 18.7 | 15.3 | 11.6 | -7.2 | 1.4 | 12.5 | 68.0 |
Notes:
- Thrift Savings Plan.
- Nonmarketable Treasury securities classified as loans and suspended reinvestments in the Thrift Savings Plan G Fund.
Last Update: 2026-03-19