Pension Insurance Modeling System (PIMS)
PIMS is the modeling system that PBGC uses to estimate the future of the single-employer and multiemployer PBGC programs. It is also used to model the U.S. private pension system both by PBGC staff and by other users. It is managed and maintained by PBGC staff.
Recent PIMS Reports
- MPRA Report Overview
- Transmittal Letter & MPRA Report [PDF]
- Projections Report Overview
- Transmittal Letter & Projections Report (FY2015) [PDF]
- Projections Report (FY2014) [PDF]
- Projections Report (FY2013) [PDF]
- Five-Year Report Overview
- Five-Year Report 2016 [PDF]
Information about PIMS
- ME-PIMS Sensitivity Tests: Employment growth, Solvency parameters, Wage Base floor (FY 2014) [PDF]
- Projection of Levels of Future Active Participants in Multiemployer Plans (FY2013)
- Examination of Multiemployer Funding -- Rehabilitation Plans (FY2013) [PDF]
- How Do PIMS Results Reflect Varying Rates of Return? (FY2013)
- A brief history of PIMS (FY2012)
- PIMS overview (FY2011) [PDF]
- The Cost of Pension Insurance, Including Bankruptcy Probability Modeling Methods and Results (2002)
- Models for retirement policy analysis, Chapter 11: PIMS (1999)
Peer Reviews of PIMS
Third Party Research Using PIMSThird Party PIMS Users
- The Rising Tide of Pension Contributions Post-2013: How Much and When?
- Stretching the Corridor: The Effects of Extended Rate Stabilization on Defined Benefit Plan Funding Requirements
- Observations on Input and Output Smoothing: How do they affect the funding of defined benefit plans
- Proposed Pension Funding Stabilization: How Does It Affect the Single-Employer Defined Benefit System?
- The Rising Tide of Pension Contributions Post-2008: How much and when?