Table 6A - Distribution of Single-Employer Liability (including 4022(c)) by Trusteeship Status, Recipient Status, and Valuation Method (Dollars in millions)

Receiving Payments
Recipient Status
Seriatim/Missing Participants
Nonseriatim/IBNR/Collins
Rettig
Total Terminated Liability
Probables
Total Liability
Percent of Total Liability
Trusteed
$8,740
$16,053
$0
$24,793
$0
$24,793
32.6%
Pending Trusteeship
$1
$562
$0
$563
$14,430
$14,993
19.8%
Total
$8,741
$16,615
$0
$25,356
$14,430
$39,786
52.4%

 

Not Receiving Payments
Recipient Status
Seriatim/Missing Participants
Nonseriatim/IBNR/Collins
Rettig
Total Terminated Liability
Probables
Total Liability
Percent of Total Liability
Trusteed
$2,826
$15,886
$1
$18,713
$0
$18,713
24.7%
Pending Trusteeship
$0
$883
$0
$883
$16,523
$17,406
22.9%
Total
$2,826
$16,769
$1
$19,596
$16,523
$36,119
47.6%

 

All Payment Statuses
Recipient Status
Seriatim/Missing Participants
Nonseriatim/IBNR/Collins
Rettig
Total Terminated Liability
Probables
Total Liability
Percent of Total Liability
Trusteed
$11,566
$31,939
$1
$43,506
$0
$43,506
57.3%
Pending Trusteeship
$1
$1,445
$0
$1,446
$30,953
$32,399
42.7%
Total
$11,567
$33,384
$1
$44,952
$30,953
$75,905
100.0%
Percent of Terminated
 25.7% 74.3% Less than .05% 100%      
Percent of Total
 15.2% 44.0% Less than .05% 59.2% 40.8% 100%  

 

Notes:
1) Recipient status for Seriatim, Missing Participants, IBNR, Collins and Rettig liabilities refers to status as of 9/30/04. For Nonseriatim and Probable liabilities, recipient status refers to the status as of the most recent actuarial valuation report (date of plan termination if benefits are "final"). The term "final" is defined in the notes to Table 5.
2) The Probable liabilities are shown as gross amounts (i.e., plan assets and collections on employer liabilities are not subtracted from the liability for benefits).

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