Summary of Operations | 2004 | 2003 |
---|---|---|
Premium Income | $1,485 | $973 |
Losses from Plan Terminations | $14,707 | $5,377 |
Investment Income | $3,251 | $3,386 |
Actuarial Charges and Adjustments | $1,788 | $6,162 |
Insurance Activity | 2004 | 2003 |
---|---|---|
Benefits Paid | $3,007 | $2,489 |
Retirees | 518,220 | 459,190 |
Total Participants Receiving or Owed Benefits | 1,061,000 | 934,000 |
New Underfunded Terminations | 192 | 155 |
Terminated/Trusteed Plans (Cumulative) | 3,479 | 3,287 |
Financial Position - Single-Employer Program | 2004 | 2003 |
---|---|---|
Total Assets | $38,993 | $34,016 |
Total Liabilities | $62,298 | $45,254 |
Net Loss | $(12,067) | $(7,600) |
Net Position | $(23,305) | $(11,238) |
Financial Position - Multiemployer Program | 2004 | 2003 |
---|---|---|
Total Assets | $1,070 | $1,000 |
Total Liabilities | $1,306 | $1,261 |
Net Income (Loss) | $(25) | $419 |
Net Position | $(236) | $261 |
Back to Annual Report Index | Back to WWW.PBGC.GOV | PDF version of PBGC's 2004 Annual Report