United States - State and Local Government Defined Benefit Pension Plans: Current expenditures, accrual basis was 704.60900 Bil. of $ in January of 2022, according to the United States Federal Reserve. Historically, United States - State and Local Government Defined Benefit Pension Plans: Current expenditures, accrual basis reached a record high of 796.11500 in January of 2020 and a record low of 0.50900 in January of 1929. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - State and Local Government Defined Benefit Pension Plans: Current expenditures, accrual basis - last updated from the United States Federal Reserve on April of 2024.