Summary of Operations | 2007 | 2005 |
---|---|---|
Premium Income | $1,500 | $1,477 |
Losses from Plan Terminations | $(6,155) | $3,954 |
Investment Income | $2,183 | $3,976 |
Actuarial Charges and Adjustments | $4,819 | $490 |
Insurance Activity | 2007 | 2005 |
---|---|---|
Benefits Paid | $4,083 | $3,686 |
Retirees | 611,930 | 682,820 |
Total Participants Receiving or Owed Benefits | 1,271,000 | 1,296,000 |
New Underfunded Terminations | 94 | 120 |
Terminated/Trusteed Plans (Cumulative) | 3,683 | 3,595 |
SINGLE EMPLOYER AND MULTIEMPLOYER PROGRAMS COMBINED | 2007 | 2005 |
---|---|---|
Total Assets | $61,138 | $57,630 |
Total Liabilities | $80,019 | $80,741 |
Net Loss | $4,230 | $430 |
Net Position | $(18,881) | $(23,111) |
Financial Position - Single-Employer Program | 2007 | 2005 |
---|---|---|
Total Assets | $56,470 | $56,470 |
Total Liabilities | $79,246 | $79,246 |
Net Loss | $529 | $529 |
Net Position | $(22,776) | $(22,776) |
Financial Position - Multiemployer Program | 2007 | 2005 |
---|---|---|
Total Assets | $1,160 | $1,160 |
Total Liabilities | $1,495 | $1,495 |
Net Income (Loss) | $(99) | $(99) |
Net Position | $(335) | $(335) |
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