Table M-4 PBGC Financial Assistance To Insolvent Plans (1981-2003) Multiemployer Program

 Year
Plans Receiving Financial Assistance(1)
Total Amount of Financial Assistance (in thousands)
Plans Receiving a Lump Sum Payment(2)
Amount of Lump Sum Payment (in thousands)
Plans Receiving Periodic Payments(1)
Amount of Periodic Payments (in thousands)
Repayments of Past Financial Assistance (in thousands)
1981 1 $311.3 --- --- 1 $311.3 ---
1982 1 10.1 --- --- 1 10.1 ---
1983 2 616.7 --- --- 2 616.7 ---
1984 2 578.0 --- --- 2 578.0 ---
1985 3 1,300.0 --- --- 3 1,300.0 ---
1986 5 2,229.0 --- --- 5 2,229.0 $165.0
1987 6 1,554.0 --- --- 6 1,554.0 ---
1988 3 1,502.0 --- --- 3 1,502.0 ---
1989 3 1,300.0 --- --- 3 1,300.0 ---
1990 3 1,000.0 --- --- 3 1,000.0 ---
1991 5 2,000.0 --- --- 5 2,000.0 ---
1992 6 4,000.0 --- --- 6 4,000.0 ---
1993 6 4,000.0 --- --- 6 4,000.0 ---
1994 8 3,896.3 --- --- 8 3,896.3 ---
1995 9 4,346.4 --- --- 9 4,346.4 ---
1996 12 4,021.8 --- --- 12 4,021.8 ---
1997 14 4,494.1 --- --- 14 4,494.1 ---
1998 18 5,437.6 --- --- 18 5,437.6 3175.5
1999 21 19,219.7 1 $14,150.0 20 5,069.7 ---
2000 21 91,032.6 2 86,500.0 19 4,532.6 ---
2001 22 4,526.3 1(3) 50.0 22 4,476.3 ---
2002 23 4,893.9 --- --- 23 4,893.9 ---
2003 24 5,022.1 1 219.2 23 4,802.9 ---
Total(4) 33 $162,269.8 5 $100,929.2 29 $66,362.6 $3,340.5(5)
Sources: PBGC Annual Reports and internal calculations.

(1) A number of plans received financial assistance in more than one year.
(2) Lump sum closeout payments were made to these insolvent multiemployer plans.
(3) This plan received periodic payments before receiving the lump sum payment.
(4) Total for plan columns represents the total number of multiemployer plans that ever received the stated type of financial assistance from PBGC's Multiemployer Insurance Program.
(5) Only one plan has repaid the principal amount of its past financial assistance.

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