Recent PIMS Reports
- Projections Report Overview
- Transmittal Letter & Projections Report (FY 2021)
- Transmittal Letter & Projections Report (FY 2020)
- Transmittal Letter & Projections Report (FY 2019)
- Transmittal Letter & Projections Report (FY 2018)
- Transmittal Letter & Projections Report (FY 2017)
- Transmittal Letter & Projections Report (FY 2016)
- Transmittal Letter & Projections Report (FY 2015)
- Projections Report (FY 2014)
- Projections Report (FY 2013)
- MPRA Report Overview
- Transmittal Letter & MPRA Report
- Five-Year Report Overview
- Five-Year Report 2020
PIMS Peer Review History
The Moving Ahead for Progress in the 21st Century Act (MAP-21) requires PBGC to contract with a capable agency or organization that is independent of PBGC to conduct annual peer reviews of SE PIMS and ME PIMS. The table below outlines current and previous PIMS Peer Reviews.
Topic(s) |
Contractor |
Final Report |
---|---|---|
Review of Capital Market Assumptions and the modeling of interest rates, asset returns and other macroeconomic variables. |
Mercer (US) Inc. |
|
Review of the data inputs and the process followed for preparing the data sets used. Develop recommendations to improve the plan, participant, and plan sponsor data used to produce the projections. |
Buck Global, LLC |
|
Review of PBGC’s Multiemployer (ME) PIMS Recoded Model. |
Cheiron |
|
Modeling of single-employer plan sponsors’ contribution policies and provide analysis on risk transfer activities. Modeling of changes in the number of active participants in multiemployer plans. |
Advanced Analytical Consulting Group, Inc. |
MAP-21 PIMS Peer Review FY 2019 Multiemployer Active Participants |
Review of the current modeling of bankruptcy and industry-wide clusters of bankruptcies, as well as contagion effects that might spread through the multiemployer pension system. |
Advanced Analytical Consulting Group, Inc. |
MAP-21 PIMS Peer Review FY 2018 |
An in-depth, review of PBGC’s SE and ME PIMS. Split into three deliverables over three years:
Procurement was led by Social Security Administration. |
FTI, Inc. (via Social Security Administration) |
|
Review and evaluate the data, assumptions, and methods underlying models of the PBGC’s pension plan insurance programs and related models (PIMS) of pension funding and sustainability. Procurement was led by Social Security Administration. |
Retirement Research Consortium, National Bureau of Economic Research, and Brookings Institute |
|
Evaluate the soundness of the economic and statistical theory and actuarial principles that underlie ME-PIMS |
Buck Consultants |