| Chart 1 | |
| The Value of the PBGC Single Employer Program Has Declined to Historic Lows (Net Position Assets Less Liabilities) |
|
| Date | $ Millions |
|---|---|
| 1980 | -95 |
| 1981 | -189 |
| 1982 | -333 |
| 1983 | -523 |
| 1984 | -462 |
| 1985 | -1,325 |
| 1986 | -2,026 |
| 1987 | -1,549 |
| 1988 | -1,543 |
| 1989 | -1,124 |
| 1990 | -1,913 |
| 1991 | -2,503 |
| 1992 | -2,737 |
| 1993 | -2,897 |
| 1994 | -1,240 |
| 1995 | -315 |
| 1996 | 869 |
| 1997 | 3,481 |
| 1998 | 5,012 |
| 1999 | 7,038 |
| 2000 | 9,704 |
| 2001 | 7,732 |
| 2002 | -3,638 |
| Aug-2003 | -8,800 |
| Source: Pension Benefit Guaranty Corporation, August 2003 estimate is from testimony provided September 15, 2003 to Congress. | |