| 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 | $145.2 | $397.4 | $252.2 | $56.4 | $195.8 |
| 1980-1984 | 29,236 | 621 | 513.6 | 1,257.3 | 743.7 | 157.8 | 585.8 |
| 1985 | 8,635 | 116 | 40.3 | 262.5 | 222.2 | 14.2 | 208.0 |
| 1986 | 6,829 | 132 | 277.2 | 1,163.3 | 886.2 | 81.0 | 805.1 |
| 1987 | 10,865 | 107 | 138.8 | 350.5 | 211.8 | 32.2 | 179.5 |
| 1988 | 10,790 | 99 | 109.3 | 379.0 | 269.7 | 21.1 | 248.6 |
| 1989 | 11,400 | 83 | 84.0 | 196.0 | 112.0 | 12.0 | 100.0 |
| 1990 | 11,800 | 101 | 108.0 | 215.8 | 107.7 | 7.6 | 100.2 |
| 1991 | 8,600 | 175 | 1,485.3 | 3,022.3 | 1,537.0 | 230.8 | 1,306.1 |
| 1992 | 6,670 | 157 | 250.7 | 822.2 | 571.6 | 157.7 | 413.9 |
| 1993 | 5,320 | 124 | 125.5 | 256.0 | 130.5 | 13.3 | 117.2 |
| 1994 | 3,950 | 135 | 304.5 | 799.6 | 495.1 | 34.9 | 460.2 |
| 1995 | 3,870 | 121 | 235.3 | 397.7 | 162.4 | 7.1 | 155.2 |
| 1996 | 3,809 | 96 | 256.7 | 425.1 | 168.4 | 31.2 | 137.2 |
| 1997 | 3,497 | 82 | 463.7 | 672.3 | 208.6 | 11.5 | 197.1 |
| 1998 | 2,475 | 62 | 172.3 | 247.9 | 75.6 | 5.7 | 69.9 |
| 1999 | 1,969 | 75 | 281.9 | 450.1 | 168.3 | 12.5 | 155.7 |
| 2000 | 1,882 | 71 | 260.2 | 362.9 | 102.7 | 15.2 | 87.6 |
| 2001 | 1,565 | 102 | 2,524.7 | 3,852.4 | 1,327.6 | 183.9 | 1,143.8 |
| 2002 | 1,214 | 154 | 4,557.6 | 8,176.1 | 3,618.5 | 103.5 | 3,515.0 |
| 2003 | 1,119 | 78 | 6,622.6 | 12,839.2 | 6,216.6 | 127.9 | 6,088.7 |
| TOTAL | 164,067 | 3,277 | $18,957.5 | $36,545.7 | $17,588.2 | $1,317.5 | $16,270.7 |
Sources: PBGC Fiscal Year Closing File (9/30/03) and PBGC Case Administration
System.
Due to rounding of individual items, numbers may not add 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 the loss was incurred. For example, PBGC
became responsible for 155 underfunded terminated plans during FY 2003, but
only 78 of these plans had termination dates during FY 2003. 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.