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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