| Table S-10 | |||||||
| PBGC Terminations and Claims (1975-2002) | |||||||
| Single-Employer Program | |||||||
| Fiscal Year | Standard Terminations | Trusteed Terminations | Assets (in millions) | Liabilities (in millions) | Gross Claims (in millions) | Recoveries (in millions) | Net Claims (in millions) |
|---|---|---|---|---|---|---|---|
| 1975-1979 | 28,572 | 586 | $152.2 | $397.4 | $245.2 | $58.9 | $186.3 |
| 1980-1984 | 29,236 | 621 | 517.1 | 1,257.3 | 740.2 | 159.7 | 580.5 |
| 1985 | 8,635 | 116 | 39.9 | 262.5 | 222.6 | 14.5 | 208.1 |
| 1986 | 6,829 | 132 | 277.6 | 1,163.3 | 885.7 | 81.1 | 804.6 |
| 1987 | 10,865 | 107 | 139.8 | 350.5 | 210.7 | 32.6 | 178.1 |
| 1988 | 10,790 | 99 | 109.3 | 379.0 | 269.7 | 21.5 | 248.2 |
| 1989 | 11,400 | 83 | 85.7 | 196.0 | 110.3 | 12.4 | 97.9 |
| 1990 | 11,800 | 101 | 109.2 | 215.8 | 106.6 | 7.5 | 99.1 |
| 1991 | 8,600 | 175 | 1,485.7 | 3,022.3 | 1,536.6 | 231.8 | 1,304.8 |
| 1992 | 6,670 | 157 | 251.0 | 822.3 | 571.3 | 169.7 | 401.5 |
| 1993 | 5,320 | 124 | 126.7 | 256.0 | 129.3 | 13.3 | 116.0 |
| 1994 | 3,950 | 135 | 305.0 | 800.1 | 495.1 | 36.9 | 458.2 |
| 1995 | 3,870 | 121 | 235.2 | 398.5 | 163.3 | 7.1 | 156.2 |
| 1996 | 3,809 | 96 | 256.8 | 425.8 | 169.0 | 31.1 | 137.9 |
| 1997 | 3,497 | 82 | 464.7 | 673.2 | 208.5 | 12.6 | 195.9 |
| 1998 | 2,475 | 62 | 172.2 | 248.5 | 76.3 | 5.4 | 70.9 |
| 1999 | 1,969 | 74 | 281.9 | 450.5 | 168.6 | 12.4 | 156.3 |
| 2000 | 1,882 | 65 | 253.1 | 354.9 | 101.8 | 15.2 | 86.6 |
| 2001 | 1,565 | 93 | 2,504.5 | 3,816.7 | 1,312.3 | 178.2 | 1,134.1 |
| 2002 | 1,214 | 93 | 4,402.4 | 7,713.7 | 3,311.3 | 113.1 | 3,198.1 |
| TOTAL | 162,948 | 3,122 | $12,170.1 | $23,204.4 | $11,034.3 | $1,215.0 | $9,819.3 |
Sources: PBGC Fiscal Year Closing File (9/30/02) and PBGC Case Administration System.
Due to rounding of individual items, values may not add up exactly across columns.
Claims figures shown in this table are calculated on a plan basis and identified with fiscal year of plan termination for each plan.
The annual numbers of trusteed terminations shown in this table may differ from those reported elsewhere, as they reflect the fiscal year of plan termination, rather than the fiscal year in which
1975 termination and claims values are for 7/1/74 to 6/30/75. 1976 values are for 7/1/75 to 9/30/76. For 1977 on, values are for 10/1 of the prior calendar year to 9/30 of the current calendar year.
The annual numbers of trusteed terminations shown in this table may differ from those reported elsewhere, as they reflect the fiscal year of plan termination, rather than the fiscal year in whichthe loss was incurred. For example, PBGC became responsible for 157 underfunded terminated plans during FY 2002, but only 93 of these plans had termination dates during FY 2002.
The rest had termination dates in earlier fiscal years and are allocated to those years.
Values are subject to change as PBGC completes
reviews, establishes termination dates and determines recoveries.
Last Updated on 3/21/2003