Table S-1 Net Financial Position of PBGC's Single-Employer Program (1980-2002)
| Fiscal Year |
Assets
(in millions) |
Liabilities
(in millions) |
Net Position
(in millions) |
| 1980 |
$430 |
$524 |
-$95 |
| 1981 |
467 |
656 |
-189 |
| 1982 |
773 |
1,106 |
-333 |
| 1983 |
1,085 |
1,608 |
-523 |
| 1984 |
1,063 |
1,525 |
-462 |
| 1985 |
1,155 |
2,480 |
-1,325 |
| 1986 |
1,740 |
3,766* |
-2,026* |
| 1987 |
2,163 |
3,712 |
-1,549 |
| 1988 |
2,422 |
3,965 |
-1,543 |
| 1989 |
3,059 |
4,183 |
-1,124 |
| 1990 |
2,797 |
4,710 |
-1,913 |
| 1991 |
5,422 |
7,925 |
-2,503 |
| 1992 |
6,381 |
9,118 |
-2,737 |
| 1993 |
8,267 |
11,164 |
-2,897 |
| 1994 |
8,281 |
9,521 |
-1,240 |
| 1995 |
10,371 |
10,686 |
-315 |
| 1996 |
12,043 |
11,174 |
869 |
| 1997 |
15,314 |
11,833 |
3,481 |
| 1998 |
17,631 |
12,619 |
5,012 |
| 1999 |
18,431 |
11,393 |
7,038 |
| 2000 |
20,830 |
11,126 |
9,704 |
| 2001 |
21,768 |
14,036 |
7,732 |
| 2002 |
25,430 |
29,068 |
-3,638 |
Source: PBGC Annual Reports (1980-2002).
*The originally reported $3.8 billion deficit in 1986 decreased after a Supreme
Court ruling restored three pension plans and returned their pension obligations
of $1.8 billion to LTV Corporation.
Due to rounding of individual items, rows may not add across.