2005 PBGC Corporate Performance Measures

Measures 2005 Target 2005 Results Baseline Results
Goal 1: Safeguard the federal pension insurance system for the benefit of participants, plan sponsors, and other stakeholders
  • Promote better funding of insured plans by monitoring unfunded benefit liabilities in insured plans and supporting pension reform legislation- Refer to note a below
 
  • Promoted the Administration’s pension reform proposals through testimony, speeches, interviews, news releases and statements. The reform proposals were included in the Administration FY 2006 budget request to Congress.
  • Expanded capacity to monitor underfunded plans and respond to risks by developing new models to quantify risks, establishing an Office of Risk Assessment, and increasing financial analysis, negotiation and litigation resources.
 
Goal 2: Provide exceptional service to customers and stakeholders
  • American Customer Satisfaction Index of retirees who receive benefits from PBGC
 84  85  84(2004)
  • American Customer Satisfaction Index of participants who contact PBGC for service
 78  79  73(2001)
  • American Customer Satisfaction Index of participants who visit the PBGC Web site
 63  65  60(2004)
  • American Customer Satisfaction Index of pension practitioners who contact PBGC for service
 72  68  69(2002)
  • American Customer Satisfaction Index of pension practitioners who visit the PBGC Web site
 74  66  72(2004)
Goal 3: Exercise efficient and effective stewardship of PBGC resources
  • Administrative cost per participant in ongoing plans insured by PBGC - Refer to note b and c below
 $1.89  $1.89  $1.55(2004)
  • Administrative cost per participant in plans PBGC trustees - Refer to note c below
 $194  $194  $219(2004)


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