Table S-21 PBGC Payees and Benefit Payments by Date of Plan Termination (2003)
Single-Employer Program
Fiscal Year of Plan Termination |
Payees in 2003 |
Benefit Payments in 2003 (in millions) |
Average Monthly Pension |
Median Deferred Pension |
Deferred Payees in 2003 |
Prior to 1980 |
10,575 |
2.2% |
$16.3 |
0.7% |
$119 |
$88 |
2,596 |
1980 to 1984 |
34,053 |
7.1% |
95.5 |
3.8% |
218 |
168 |
5,819 |
1985 to 1989 |
47,499 |
10.0% |
181.4 |
7.3% |
300 |
212 |
14,830 |
1990 |
5,803 |
1.2% |
18.2 |
0.7% |
242 |
172 |
4,283 |
1991 |
48,563 |
10.2% |
268.4 |
10.8% |
433 |
323 |
30,606 |
1992 |
15,433 |
3.2% |
64.9 |
2.6% |
331 |
216 |
8,208 |
1993 |
5,659 |
1.2% |
18.7 |
0.8% |
249 |
173 |
5,294 |
1994 |
12,914 |
2.7% |
65.6 |
2.6% |
347 |
246 |
6,913 |
1995 |
7,659 |
1.6% |
30.8 |
1.2% |
321 |
159 |
6,967 |
1996 |
10,187 |
2.1% |
31.0 |
1.2% |
227 |
112 |
8,353 |
1997 |
13,513 |
2.8% |
50.3 |
2.0% |
292 |
210 |
12,261 |
1998 |
6,673 |
1.4% |
20.1 |
0.8% |
269 |
150 |
6,767 |
1999 |
11,364 |
2.4% |
34.0 |
1.4% |
237 |
152 |
19,360 |
2000 |
11,667 |
2.4% |
29.7 |
1.2% |
210 |
104 |
9,625 |
2001 |
58,494 |
12.3% |
440.6 |
17.7% |
549 |
376 |
58,836 |
2002 |
96,355 |
20.2% |
628.5 |
25.3% |
539 |
408 |
95,723 |
2003 |
80,536 |
16.9% |
494.2 |
19.9% |
775 |
559 |
78,768 |
TOTAL |
476,947 |
100.0% |
$2,488.2 |
100.0% |
$453 |
$275 |
375,209 |
Sources: PBGC Participant System (PRISM), fiscal year calculations and PBGC Management
Reports.
Due to rounding of individual items, totals may not add up exactly to totals in
other tables and percentages may not add up to 100 percent.
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