Table S-3 PBGC Terminations and Claims (1975-2005) 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 $145.2 $397.4 $252.2 $56.4 $195.8
1980-1984 29,236 621 513.6 1,257.3 743.7 157.8 585.7
1985-1989 48,519 537 651.1 2,351.4 1,700.3 159.2 1,541.0
1990 11,800 101 108.0 215.8 107.7 7.6 100.2
1991 8,600 175 1,485.4 3,022.2 1,536.8 230.8 1,306.0
1992 6,670 157 250.7 822.2 571.6 157.7 413.9
1993 5,320 124 125.9 256.3 130.4 13.3 117.1
1994 3,950 135 304.5 799.6 495.1 35.0 460.1
1995 3,870 121 235.3 397.5 162.2 7.1 155.0
1996 3,809 96 256.7 425.2 168.6 32.0 136.5
1997 3,497 82 463.8 672.3 208.5 11.8 196.7
1998 2,475 63 172.8 248.3 75.5 5.9 69.6
1999 1,969 76 282.1 450.5 168.5 13.1 155.4
2000 1,882 72 266.8 368.7 101.9 15.3 86.6
2001 1,565 110 2,520.3 3,724.6 1,204.3 183.8 1,020.5
2002 1,214 177 4,517.6 8,092.3 3,574.6 234.6 3,340.0
2003 1,119 140 6,933.0 13,326.0 6,393.0 131.7 6,261.3
2005 1,189 96 2,811.3 5,821.9 3,010.6 325.4 2,685.2
TOTAL 165,256 3,469 $22,044.3 $42,649.6 $20,605.3 $1,778.6 $18,826.7

Sources: PBGC Fiscal Year Closing File (9/30/04) 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 fi scal 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 refl ect the fiscal year of plan termination rather than the fiscal year in which the loss was incurred. For example, PBGC became responsible for 192 underfunded terminated plans during FY 2005, but only 96 of these plans had termination dates during FY 2005. 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.

Return to Table of Contents