2001 Financial and Operational Highlights

(Dollars in Millions)
Single-Employer and Multiemployer Programs Combined (Dollars in Millions) Year 2001 Year 2000
Summary of Operations    
Premium Income $ 845 $ 831
Losses (Credits) from Plan Terminations $ 705 $ -80)
Investment Income (Loss) $ -748) $ 2,462
Actuarial Charges $ 1,083 $ 453
     
Insurance Activity    
Benefits Paid $ 1,044 $ 903
Retirees 268,600 226,700
Total Participants in Terminated and Multiemployer Plans 624,000 541,000
New Underfunded Terminations 101 92
Terminated/Trusteed Plans (Cumulative) 2,975 2,874
     
Financial Position    
Single-Employer Program    
Total Assets $ 21,768 $ 20,830
Total Liabilities $ 14,036 $ 11,126
Net Income (Loss) $ -1,972) $ 2,666
Net Position $ 7,732 $ 9,704
     
Multiemployer Program    
Total Assets $ 807 $ 694
Total Liabilities $ 691 $ 427
Net Income (Loss) $ -151) $ 68
Net Position $ 116 $ 267

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