Link: https://burypensions.wordpress.com/2022/10/20/5500-central-states-2021/
Graphic:
Excerpt:
With the 5500 filing season done it is time to tentatively get back to some blogging – starting with the plan that was likely to bring the PBGC (and the entire private pension system) down before the SFA bailout and now will be another cog in the hyperinflation wheelbarrow.
We had some 5500 history in an earlier blog through 2016. This is where the plan was last year based on their 5500 filing for 2021:
Plan Name: Central States, Southeast & Southwest Areas Pension Plan
EIN/PN: 36-6044243/001
Total participants @ 12/31/21: 357,056 including:
- Retirees: 189,449
- Separated but entitled to benefits: 117,511
- Still working: 50,096
Asset Value (Market) @ 1/1/21: 10,409,440,502
Value of liabilities using RPA rate (2.43%) @ 1/1/21: $58,623,837,073 including:
- Retirees: $34,084,275,398
- Separated but entitled to benefits: $15,801,905,005
- Still working: $8,736,875,945
Funded ratio: 17.76%
Author(s): John Bury
Publication Date: 20 Oct 2022
Publication Site: burypensions