Pension Benefit Guaranty Corporation Fund
Schedules
TAFS: 016-4204 2021/2030 - Pension Benefit Guaranty Corporation Fund
| Previously Approved (Iteration 1) | Current OMB Action (Iteration 2) | |||||
|---|---|---|---|---|---|---|
| Line # | Split | Description | Amount | Footnotes | Amount | Footnotes |
| 1000 | Unob Bal: Brought forward, Oct 1 | |||||
| 1010 | Unob Bal: Transferred to other accounts | |||||
| 1011 | Unob Bal: Transferred from other accounts | |||||
| 1012 | Unob Bal: Transfers betw expired\unexpired accts | |||||
| 1020 | Unob Bal: Adj to SOY bal brought forward, Oct 1 | |||||
| 1021 | Unob Bal: Recov of prior year unpaid obligations | |||||
| 1032 | Unob Bal: Refunds/recov temp precl ob (spec/trust) | |||||
| 1033 | Unob Bal: Recov of prior year paid obligations | |||||
| 1041 | Unob Bal: Antic recov of prior year unpd/pd obl | Line added | ||||
| 1061 | Unob Bal: Antic recov of prior year unpd/pd obl | Line removed | ||||
| 1100 | BA: Disc: Appropriation | |||||
| 1101 | BA: Disc: Appropriation (special or trust fund) | |||||
| 1120 | BA: Disc: Approps transferred to other accounts | |||||
| 1121 | BA: Disc: Approps transferred from other accounts | |||||
| 1130 | BA: Disc: Appropriations permanently reduced | |||||
| 1131 | BA: Disc: Unob bal of approps permanently reduced | |||||
| 1132 | BA: Disc: Appropriations temporarily reduced | |||||
| 1133 | BA: Disc: Unob bal of approps temporarily reduced | |||||
| 1134 | BA: Disc: Appropriations precluded from obligation | |||||
| 1150 | BA: Disc: Anticipated appropriation | |||||
| 1151 | BA: Disc: Appropriations:Antic nonexpend trans net | |||||
| 1170 | BA: Disc: Advance appropriation | |||||
| 1171 | BA: Disc: Adv approp (special or trust fund) | |||||
| 1173 | BA: Disc: Advance approps permanently reduced | |||||
| 1174 | BA: Disc: Advance approps temporarily reduced | |||||
| 1200 | BA: Mand: Appropriation | $55,028,200,000.00 | See footnotes below | |||
| Footnotes for line 1200 (Previous): | B1: The requested amount will fund FY 2022 Special Financial Assistance payments to qualifying plans and associated administrative expenses. | |||||
| 1201 | BA: Mand: Appropriation (special or trust fund) | |||||
| 1203 | BA: Mand: Appropriation (previously unavailable) | |||||
| 1220 | BA: Mand: Approps transferred to other accounts | |||||
| 1221 | BA: Mand: Approps transferred from other accounts | |||||
| 1230 | BA: Mand: New\Unob bal of approps perm reduced | |||||
| 1232 | SEQ | BA: Mand: New\Unob bal of approps temp reduced | Line added | -$1,607,400.00 | See footnotes below | |
| Footnotes for line 1232 (SEQ) (Current): | B2: This amount represents the required sequester reduction against the Administrative Expenses portion of Special Finance Assistance ($28,200,000). | |||||
| 1232 | BA: Mand: New\Unob bal of approps temp reduced | Line removed | ||||
| 1234 | BA: Mand: Appropriations precluded from obligation | |||||
| 1250 | BA: Mand: Anticipated appropriation | $55,028,200,000.00 | See footnotes below | |||
| Footnotes for line 1250 (Current): | B1: The requested amount will fund FY 2022 Special Financial Assistance payments to qualifying plans and associated administrative expenses. | |||||
| 1251 | BA: Mand: Appropriations:Antic nonexpend trans net | |||||
| 1270 | BA: Mand: Advance appropriation | |||||
| 1271 | BA: Mand: Adv appropriation(special or trust fund) | |||||
| 1272 | BA: Mand: Advance approps permanently reduced | |||||
| 1273 | BA: Mand: Advance approps temporarily reduced | |||||
| 1700 | BA: Disc: Spending auth: Collected | |||||
| 1700 | 1 | BA: Disc: Spending auth: Collected (UTF) | ||||
| 1700 | 2 | BA: Disc: Spending auth: Collected (BLDTF) | ||||
| 1700 | 3 | BA: Disc: Spending auth: Collected (Reimbursable) | ||||
| 1710 | BA: Disc: Spending auth: Trans to other accounts | |||||
| 1711 | BA: Disc: Spending auth: Trans from other accounts | |||||
| 1722 | BA: Disc: Spending auth: Permanently reduced | |||||
| 1723 | BA: Disc: Spending auth: New\Unob bal temp reduced | |||||
| 1740 | BA: Disc: Spending auth: Antic colls, reimbs, other (Reimbursable) | |||||
| 1741 | BA: Disc: Spending auth: Antic nonexpend trans net | |||||
| 1800 | BA: Mand: Spending auth: Collected | |||||
| 1802 | BA: Mand: Spending auth: Previously unavailable | |||||
| 1823 | BA: Mand: Spending auth: New\Unob bal temp reduced | |||||
| 1840 | BA: Mand: Spending auth:Antic colls, reimbs, other | |||||
| 1841 | BA: Mand: Spending auth: Antic nonexpend trans net | |||||
| 1920 | Total budgetary resources avail (disc. and mand.) | $55,028,200,000.00 | $55,026,592,600.00 | |||
| 6016 | Special Financial Assistance | $55,000,000,000.00 | See footnotes below | $55,000,000,000.00 | See footnotes below | |
| Footnotes for line 6016 (Previous): | A1: Under Public Law 117-2, entitled the American Rescue Plan Act of 2021, PBGC will receive the necessary funding to provide payments to qualifying multiemployer plans as defined in this law to remain solvent through the end of plan year 2051. The period of availability for these resources is from FY 2021 through September 30, 2030. The requested amount will fund FY 2022 Special Financial Assistance payments to qualifying plans. | |||||
| Footnotes for line 6016 (Current): | A1: Under Public Law 117-2, entitled the American Rescue Plan Act of 2021, PBGC will receive the necessary funding to provide payments to qualifying multiemployer plans as defined in this law to remain solvent through the end of plan year 2051. The period of availability for these resources is from FY 2021 through September 30, 2030. The requested amount will fund FY 2022 Special Financial Assistance payments to qualifying plans. | |||||
| 6017 | Special Financial Assistance - Administrative Expenses | $28,200,000.00 | See footnotes below | $26,592,600.00 | See footnotes below | |
| Footnotes for line 6017 (Previous): | A2: Under Public Law 117-2, entitled the American Rescue Plan Act of 2021, PBGC will receive the necessary funding to provide payments to qualifying multiemployer plans as defined in this law to remain solvent through the end of plan year 2051. The period of availability for these resources is from FY 2021 through September 30, 2030. The requested amount will fund FY 2022 administrative expenses related to the set-up, implementation and administration of this special financial assistance program. | |||||
| Footnotes for line 6017 (Current): | A2: Under Public Law 117-2, entitled the American Rescue Plan Act of 2021, PBGC will receive the necessary funding to provide payments to qualifying multiemployer plans as defined in this law to remain solvent through the end of plan year 2051. The period of availability for these resources is from FY 2021 through September 30, 2030. The requested amount will fund FY 2022 administrative expenses related to the set-up, implementation and administration of this special financial assistance program. | |||||
| 6190 | Total budgetary resources available | $55,028,200,000.00 | $55,026,592,600.00 | See footnotes below | ||
| Footnotes for line 6190 (Current): | A3: The amount on line 1232 (line split "SEQ") is the required sequestration amount assuming the appropriation is equal to the amount shown on line 1250. If the appropriation is different from the amount shown on line 1250, the amount currently reflected on line 1232 (line split "SEQ") is automatically apportioned so as to reflect 5.7 percent of the actual 2022 appropriations. Because of the indefinite nature of this BA, the sequestered amount may not be equal to the amount reflected in the OMB Report to the Congress on the BBEDCA 251A Sequestration for Fiscal Year 2022 (May 28, 2021). | |||||
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 | Under Public Law 117-2, entitled the American Rescue Plan Act of 2021, PBGC will receive the necessary funding to provide payments to qualifying multiemployer plans as defined in this law to remain solvent through the end of plan year 2051. The period of availability for these resources is from FY 2021 through September 30, 2030. The requested amount will fund FY 2022 Special Financial Assistance payments to qualifying plans. |
| A2 | Under Public Law 117-2, entitled the American Rescue Plan Act of 2021, PBGC will receive the necessary funding to provide payments to qualifying multiemployer plans as defined in this law to remain solvent through the end of plan year 2051. The period of availability for these resources is from FY 2021 through September 30, 2030. The requested amount will fund FY 2022 administrative expenses related to the set-up, implementation and administration of this special financial assistance program. |
| A3 | The amount on line 1232 (line split "SEQ") is the required sequestration amount assuming the appropriation is equal to the amount shown on line 1250. If the appropriation is different from the amount shown on line 1250, the amount currently reflected on line 1232 (line split "SEQ") is automatically apportioned so as to reflect 5.7 percent of the actual 2022 appropriations. Because of the indefinite nature of this BA, the sequestered amount may not be equal to the amount reflected in the OMB Report to the Congress on the BBEDCA 251A Sequestration for Fiscal Year 2022 (May 28, 2021). |
| B1 | The requested amount will fund FY 2022 Special Financial Assistance payments to qualifying plans and associated administrative expenses. |
| B2 | This amount represents the required sequester reduction against the Administrative Expenses portion of Special Finance Assistance ($28,200,000). |
The following are all of the footnotes associated with the previous iteration of this file. Note that previous iterations of accounts in this file may come from multiple previous files.
| Number | Text |
|---|---|
| A1 | Under Public Law 117-2, entitled the American Rescue Plan Act of 2021, PBGC will receive the necessary funding to provide payments to qualifying multiemployer plans as defined in this law to remain solvent through the end of plan year 2051. The period of availability for these resources is from FY 2021 through September 30, 2030. The requested amount will fund FY 2022 Special Financial Assistance payments to qualifying plans. |
| A2 | Under Public Law 117-2, entitled the American Rescue Plan Act of 2021, PBGC will receive the necessary funding to provide payments to qualifying multiemployer plans as defined in this law to remain solvent through the end of plan year 2051. The period of availability for these resources is from FY 2021 through September 30, 2030. The requested amount will fund FY 2022 administrative expenses related to the set-up, implementation and administration of this special financial assistance program. |
| B1 | The requested amount will fund FY 2022 Special Financial Assistance payments to qualifying plans and associated administrative expenses. |
Notes about this page
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