L.120.b State and Local Government Employee Retirement Funds Defined Benefit Plans
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 Line
State and local government employee defined benefit retirement funds; total financial assets (1) FL224090045 -- -- -- -- -- -- -- -- -- 1
State and local government employee defined benefit retirement funds; checkable deposits and currency; asset FL223020043 -- -- -- -- -- -- -- -- -- 2
State and local government employee defined benefit retirement funds; total time and savings deposits; asset FL223030043 -- -- -- -- -- -- -- -- -- 3
State and local government employee defined benefit retirement funds; money market fund shares; asset FL223034043 -- -- -- -- -- -- -- -- -- 4
State and local government employee defined benefit retirement funds; security repurchase agreements; asset FL222051043 -- -- -- -- -- -- -- -- -- 5
State and local government employee defined benefit retirement funds retirement funds; debt securities; asset LM224022045 -- -- -- -- -- -- -- -- -- 6
State and local government employee defined benefit retirement funds; commercial paper; asset FL223069143 -- -- -- -- -- -- -- -- -- 7
State and local government employee defined benefit retirement funds; Treasury securities; asset LM223061143 -- -- -- -- -- -- -- -- -- 8
State and local government employee defined benefit retirement funds; agency- and GSE-backed securities; asset LM223061743 -- -- -- -- -- -- -- -- -- 9
State and local government employee defined benefit retirement funds; municipal securities; asset LM223062043 -- -- -- -- -- -- -- -- -- 10
State and local government employee defined benefit retirement funds; corporate and foreign bonds; asset LM223063045 -- -- -- -- -- -- -- -- -- 11
State and local government employee defined benefit retirement funds; total mortgages; asset FL223065043 -- -- -- -- -- -- -- -- -- 12
State and local government employee defined benefit retirement funds; corporate equities; asset LM223064145 -- -- -- -- -- -- -- -- -- 13
State and local government employee defined benefit retirement funds; mutual fund shares; asset LM223064243 -- -- -- -- -- -- -- -- -- 14
State and local government employee defined benefit retirement funds; miscellaneous assets FL223090045 -- -- -- -- -- -- -- -- -- 15
State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) FL223073045 -- -- -- -- -- -- -- -- -- 16
State and local government employee defined benefit retirement funds; unidentified miscellaneous assets LM223093043 -- -- -- -- -- -- -- -- -- 17
State and local government employee defined benefit retirement funds; pension entitlements (total liabilities) (3) FL224190043 -- -- -- -- -- -- -- -- -- 18

NOTES

  1. Includes claims on sponsor (i.e., unfunded pension entitlements).
  2. Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
  3. Actuarial value of accrued defined benefit pension entitlements. These liabilities are assets of the household sector.
Last Update: August 30, 2024