Pension Benefit Guaranty Corporation Fund
Schedules
TAFS: 016-4204 /X - Pension Benefit Guaranty Corporation Fund
| Line # | Split | Description | Amount | Footnotes |
|---|---|---|---|---|
| 1000 | MA | Unob Bal: Brought forward, Oct 1 | ||
| 1000 | ME | Unob Bal: Brought forward, Oct 1, Estimated | $52,272,396,085.00 | See footnotes below |
| Footnotes for line 1000 (ME): | B1: This amount represents estimated carryover funding as of June 30, 2021. | |||
| 1700 | BA: Disc: Spending auth: Collected | |||
| 1740 | BA: Disc: Spending auth: Antic colls, reimbs, other (Reimbursable) | |||
| 1800 | BA: Mand: Spending auth: Collected | See footnotes below | ||
| Footnotes for line 1800: | B4: This amount represents anticipated and actual collections for FY 2022, and includes budgetary resources from two reimbursable interagency agreements with the Department of the Treasury for $1,000,000 to provide legal, technical, and actuarial information necessary to support the Multiemployer Pension Reform Act (MPRA) requirements. This amount also includes $378,000,000 for estimated and actual reimbursement from plans that previously received traditional financial assistance and are now eligible to receive special financial assistance. | |||
| 1802 | SEQ | BA: Mand: Spending auth: Previously unavailable | $7,726,414.00 | See footnotes below |
| Footnotes for line 1802 (SEQ): | B2: This amount represents the FY 2021 temporary sequester reduction to be made available for obligation in FY 2022. | |||
| 1823 | SEQ | BA: Mand: Spending auth: New\Unob bal temp reduced | -$7,952,412.00 | See footnotes below |
| Footnotes for line 1823 (SEQ): | B3: This amount represents the required sequester reduction assuming the overhead portion of administrative expenses for this program requires spending authority (currently reflected as part of line 1840) equal to the estimated $139,516,007 as shown in the FY 2022 sequestration order (utilizing the same methodology used to derive the amount in the order). Due to the indefinite nature of the overhead portion of the administrative expenses in this account, the sequester amount may not be equal to the sequester amount reflected in the order. During the remainder of the fiscal year, if the necessary overhead portion of the administrative expenses is different from the $139,516,007 amount, the amount in dollars currently reflected on line 1823 is hereby automatically apportioned as follows: The agency will achieve the reduction by applying a 5.7% sequester to the actual obligations of the overhead portion of the administrative expenses (utilizing the same methodology used to derive the amount in the order) as required by the OMB Report to the Congress on the BBEDCA 251A Sequestration for Fiscal Year 2022 (May 28, 2021). | |||
| 1840 | BA: Mand: Spending auth:Antic colls, reimbs, other | $12,767,000,000.00 | See footnotes below | |
| Footnotes for line 1840: | B4: This amount represents anticipated and actual collections for FY 2022, and includes budgetary resources from two reimbursable interagency agreements with the Department of the Treasury for $1,000,000 to provide legal, technical, and actuarial information necessary to support the Multiemployer Pension Reform Act (MPRA) requirements. This amount also includes $378,000,000 for estimated and actual reimbursement from plans that previously received traditional financial assistance and are now eligible to receive special financial assistance. | |||
| 1920 | Total budgetary resources avail (disc. and mand.) | $65,039,170,087.00 | ||
| 6011 | Benefit Payment | $7,311,000,000.00 | See footnotes below | |
| Footnotes for line 6011: | A1: Benefit Payments, Financial Assistance and Investment Management Fees represent full-year FY 2022 funding. | |||
| 6012 | Financial Assistance | $399,000,000.00 | See footnotes below | |
| Footnotes for line 6012: | A1: Benefit Payments, Financial Assistance and Investment Management Fees represent full-year FY 2022 funding. | |||
| 6013 | Investment Management Fees | $138,000,000.00 | See footnotes below | |
| Footnotes for line 6013: | A1: Benefit Payments, Financial Assistance and Investment Management Fees represent full-year FY 2022 funding. | |||
| 6112 | 1st quarter, Consolidated Administrative Budget | $184,441,000.00 | See footnotes below | |
| Footnotes for line 6112: | A2: The Consolidated Administrative Budget represents the FY 2022 initial apportionment at the current services level. | |||
| 6113 | 2nd quarter, Consolidated Administrative Budget | $84,742,000.00 | See footnotes below | |
| Footnotes for line 6113: | A2: The Consolidated Administrative Budget represents the FY 2022 initial apportionment at the current services level. | |||
| 6114 | 3rd quarter, Consolidated Administrative Budget | $86,428,000.00 | See footnotes below | |
| Footnotes for line 6114: | A2: The Consolidated Administrative Budget represents the FY 2022 initial apportionment at the current services level. | |||
| 6115 | 4th quarter, Consolidated Administrative Budget | $100,725,999.00 | See footnotes below | |
| Footnotes for line 6115: | A2: The Consolidated Administrative Budget represents the FY 2022 initial apportionment at the current services level. | |||
| 6170 | Apportioned in FY 2023 | |||
| 6180 | Budgetary Resources: Withheld pending rescission | |||
| 6181 | Budgetary Resources: Deferred | |||
| 6182 | Budgetary Resources: Unappor bal, revolving fnd | $56,734,833,088.00 | ||
| 6183 | Budgetary Resources: Exempt from apportionment | |||
| 6190 | Total budgetary resources available | $65,039,170,087.00 | ||
Footnotes
Footnotes provide further information about, or establish further legal requirements related to the use of, the funds in a given line or set of lines in an apportionment. If footnotes appear on lines 1920 or 6190, they apply to all the lines in the 1xxx and 6xxx sections, respectively. The following are all the footnotes associated with this file.
| Number | Text |
|---|---|
| A1 | Benefit Payments, Financial Assistance and Investment Management Fees represent full-year FY 2022 funding. |
| A2 | The Consolidated Administrative Budget represents the FY 2022 initial apportionment at the current services level. |
| B1 | This amount represents estimated carryover funding as of June 30, 2021. |
| B2 | This amount represents the FY 2021 temporary sequester reduction to be made available for obligation in FY 2022. |
| B3 | This amount represents the required sequester reduction assuming the overhead portion of administrative expenses for this program requires spending authority (currently reflected as part of line 1840) equal to the estimated $139,516,007 as shown in the FY 2022 sequestration order (utilizing the same methodology used to derive the amount in the order). Due to the indefinite nature of the overhead portion of the administrative expenses in this account, the sequester amount may not be equal to the sequester amount reflected in the order. During the remainder of the fiscal year, if the necessary overhead portion of the administrative expenses is different from the $139,516,007 amount, the amount in dollars currently reflected on line 1823 is hereby automatically apportioned as follows: The agency will achieve the reduction by applying a 5.7% sequester to the actual obligations of the overhead portion of the administrative expenses (utilizing the same methodology used to derive the amount in the order) as required by the OMB Report to the Congress on the BBEDCA 251A Sequestration for Fiscal Year 2022 (May 28, 2021). |
| B4 | This amount represents anticipated and actual collections for FY 2022, and includes budgetary resources from two reimbursable interagency agreements with the Department of the Treasury for $1,000,000 to provide legal, technical, and actuarial information necessary to support the Multiemployer Pension Reform Act (MPRA) requirements. This amount also includes $378,000,000 for estimated and actual reimbursement from plans that previously received traditional financial assistance and are now eligible to receive special financial assistance. |
Notes about this page
- † Links to public laws are automatically generated and are not guaranteed to be accurate.