Statistics from the new data book include:
- The PBGC’s total deficit is more than $23 billion, including $22.8 billion from the single-employer program and $335 million from the multi-employer program.
- The number of insured plans in its single-employer program was around 28,800, down from around 29,600 as of 2004.
- In 2005, the PBGC disbursed almost $3.7 billion in benefits payments to around 698,000 retirees.
The book provides those interested in the federal pension insurance program with detailed statistics for its two programs covering single-employer and multi-employer pension plans. For each of its programs, the book includes detailed statistics from as far back as 1975.
Additionally, the 2005 edition includes an essay on measuring pension funding. The article explains how and why different methods and assumptions may be used by the PBGC and private-sector plan sponsors to value plan assets and liabilities and discusses advantages and shortcomings in the various methods for gauging a pension plan’s financial health.
Single copies of the data book may be obtained by writing to PBGC Data Book, Room 12108, 1200 K Street NW, Washington, DC 20005-4026 or by faxing (202) 326-4344.
The data book is also available here .
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