This is the accessible text file for GAO report number GAO-05-265R entitled 'Catalogue of Federal Insurance Activities' which was released on April 5, 2005. This text file was formatted by the U.S. Government Accountability Office (GAO) to be accessible to users with visual impairments, as part of a longer term project to improve GAO products' accessibility. Every attempt has been made to maintain the structural and data integrity of the original printed product. Accessibility features, such as text descriptions of tables, consecutively numbered footnotes placed at the end of the file, and the text of agency comment letters, are provided but may not exactly duplicate the presentation or format of the printed version. The portable document format (PDF) file is an exact electronic replica of the printed version. We welcome your feedback. Please E-mail your comments regarding the contents or accessibility features of this document to Webmaster@gao.gov. This is a work of the U.S. government and is not subject to copyright protection in the United States. It may be reproduced and distributed in its entirety without further permission from GAO. Because this work may contain copyrighted images or other material, permission from the copyright holder may be necessary if you wish to reproduce this material separately. United States Government Accountability Office: Washington, DC 20548: March 4, 2005: The Honorable Michael G. Oxley: Chairman: Committee on Financial Services: House of Representatives: Subject: Catalogue of Federal Insurance Activities: Dear Mr. Chairman: The federal government assumes insurance risk for a wide range of activities that are funded through numerous federal budget accounts and administered by a variety of federal organizations.[Footnote 1] For some activities, such as those funded through the National Flood Insurance account, the federal government assumes the entire insurance risk. The federal government also assumes part of the risk for insurance activities that are administered by state and local governments--for example, those funded through the Unemployment Trust Fund or that are partly underwritten by private insurers, such as those funded through the Special Workers' Compensation Expenses account. These insurance risks, whether fully or partially assumed by the federal government, are in lines of insurance that private insurers also recognize: health, life, disability, and property/casualty insurance. The federal government has generally assumed insurance risks for at least two reasons. First, the government may step in when insurance is not widely available because private insurers cannot collectively absorb or affordably price the insurance risk. For example, when private insurers were unable to offer affordable terrorism insurance in the aftermath of September 11, 2001, the federal government created a terrorism insurance program. Second, the federal government has self- insured--that is, elected to pay for losses itself when it has determined that doing so is preferable to purchasing insurance in the private market. For example, the government has self-insured for risks associated with legal settlements and awards to resolve property damage claims, employment litigation, and contract disputes, even though recognized lines of private insurance could cover these risks. Federal insurance activities can be difficult to identify in part because no generally accepted definition of federal insurance exists. They may also be difficult to identify because they may be funded through budget accounts with names and primary activities that are not directly related to federal insurance. For example, the Health Resources Services Administration of the Department of Health and Human Services, has a Medical Malpractice Claims Fund that provides medical liability insurance to physicians at federal health centers. This fund is part of the administration's much larger Health Resources and Services account, whose primary mission is to provide various non- insurance health services to low-income individuals. The malpractice claim fund's fiscal year 2003 outlays of $23 million were a small part of the overall account's outlays of $6.1 billion. Finally, federal insurance activities can be difficult to identify because their costs may be integrated in the account that funds overall agency operations. As part of the committee's in-depth review of insurance regulation, you asked us for information on federal insurance activities. On the basis of your request and subsequent discussions with committee staff, this report (1) provides criteria for identifying federal insurance activities and (2) describes federal insurance activities that meet these criteria. We used two criteria to identify federal insurance activities. First, the federal government must accept the risk of financial loss in providing protection against specific types of losses, events, or conditions whose timing, magnitude, or duration, are uncertain or unknown.[Footnote 2] Second, by accepting this insurance risk, the federal government must be obligated to pay compensation or provide benefits if the losses, events, or conditions occur. In addition, we verified that the activities we catalogued as federal insurance were also recognized lines of insurance in the private sector. However, we found that federal insurance differed from private sector insurance in a number of ways: * Those covered by federal insurance need not pay premiums;[Footnote 3] * For many federal insurance activities, such as those serving a nationwide population, the federal government need not identify a risk pool for pricing its risk because the pool of insureds will be sufficiently large and diverse;[Footnote 4] * The insureds need not be policyholders or enrolled in the insurance activity before the loss, event, or condition occurs for which compensation or benefits are available; * A contract need not exist between the insured or a group of insureds and the insurer; * Financial resources need not be set aside or specifically designated for paying compensation or benefits; * The federal government may be the backup or secondary source rather than the initial source of compensation or benefit payments; and: * The federal government is assumed to have an insurable interest through the legislation authorizing the insurance activity. Some of the federal insurance activities that we have identified are directly comparable to private sector insurance, and a consensus will likely exist that they constitute federal insurance. Other activities that we categorize as insurance are sometimes identified by others as benefit programs or social insurance, because they serve groups with particular risks that are uninsurable or underinsured in the private insurance market. For example, one such activity is the State Children's Health Insurance Fund, which provides health insurance for children in low-income families. We have included this activity in our catalogue because it meets our criteria for federal insurance, and health insurance is a recognized line of insurance in the private market. In addition, we have included federal defined benefit retirement plans in our catalogue of federal insurance activities because they provide beneficiaries or their survivors with guaranteed income (or income protection) for life. These plans expose the government to insurance risk and the benefits are equivalent to private annuities, a commonly recognized insurance product. Finally, we include in enclosure IV a number of activities that we label "self-insurance," where the government assumes the risk of loss that arises from some of its own activities. For example, claims against an agency for damage caused to property or vehicles incident to the agency's mission, or exposure to litigation costs arising from employment discrimination or contract disputes. Because the timing, magnitude, or duration of these losses are uncertain, and because in the private sector, it would be possible to purchase insurance against them, we have included them in a separate listing. Examining two types of activities that did not meet our criteria for federal insurance helps to further clarify our criteria for federal insurance. First, activities under the Employees Life Insurance Fund and the Federal Long Term Care Insurance Program do not meet our criteria for federal insurance because the federal government does not assume the insurance risk itself. Rather, the government facilitates the payment of premiums to private insurers that assume the risk. Second, disaster relief programs appear to serve an insurance-like function in that the federal government may provide assistance to communities and individuals to compensate them for losses following natural disasters such as hurricanes and tornados. However, because the federal government can elect whether to provide assistance, disaster relief does not qualify as federal insurance. Specifically, the governor of a state in which a disaster has occurred must ask the President to declare an area a disaster site, and the government provides assistance only if the President issues a formal declaration. We developed our catalogue of federal insurance activities through a review of the federal budget and other sources. Other criteria and search methods could yield federal activities that may not be in our catalogue. For example, financial protection against liability for injury or damage caused by nuclear energy hazards provided by Section 4 of the Atomic Energy Damages Act (also known as the Price-Anderson Act)[Footnote 5] and American Nuclear Insurers is not part of our catalogue. Even though the federal government assumes part of the risk of potentially paying for claims in the event of nuclear injury or damage, Price-Anderson insurance activities are not part of our catalog because claims stipulated by the act have not represented a cost to the federal government and therefore were not identified in the course of our budget search for federal insurance activities. The activities that meet our criteria are described in enclosures II-V. The information provided for each activity varies depending on whether the activity is insurance that covers entities other than the federal government (enclosure II), the activity can be categorized as federal deposit insurance, federal pension insurance, or a federal loan guarantee (enclosure III); or the activity is federal self-insurance (enclosure IV). All quantitative data are for fiscal year 2003, unless otherwise indicated. More specifically, enclosure I contains a complete description of our scope and methodology. Enclosure II describes 71 activities that provide federal insurance to entities other than the federal government. We provide the most comprehensive information for these activities because of your particular interest in understanding the scope of the federal government's efforts to provide insurance to nonfederal entities and a general lack of familiarity with many of the activities the enclosure describes. Enclosure III lists 64 federal deposit insurance, pension guaranty insurance, and loan guarantee activities that also provide federal insurance to entities other than the federal government. We provide descriptions of each of these three insurance categories rather than of the individual activities because the activities in each category tend to be similar and because these activities are generally better known. Enclosure IV describes the 22 federal self-insurance activities we identified that had outlays in fiscal year 2003. Because of limitations in our methodology, we likely did not identify all federal self-insurance activities (see enclosure I). We were also limited in our efforts to find information on these activities because, as we have noted, the federal budget does not generally report self-insurance activities separately from those related to an agency's overall mission. Finally, to provide a perspective on the diversity of the 157 insurance activities that we identified and the 30 federal organizations that administer them, enclosure V lists all the activities presented in the report, alphabetically by the administering organization. Enclosure VI lists key contributors to this correspondence. It should be noted that, although we relied extensively on federal budgetary information published by the Office of Management and Budget (OMB), our project was not an audit of the federal budget process nor of OMB but simply a search for and compilation of information on federal insurance activities. We did our work between January 2004 and March 2005, in Chicago, Ill., and Washington, D.C. in accordance with generally accepted government auditing standards. Enclosure I contains a complete description of our scope and methodology. As agreed with your office, unless you publicly announce the contents of this report earlier, we plan no further distribution until 30 days from the date of this letter. At that time we will send copies of this report to the Honorable Barney Frank, Ranking Member, Committee on Financial Services and other interested parties. We will also make copies available to others on request. In addition, the report will be available at no charge on the GAO Web site at http://www.gao.gov. If you or your staff have any questions about this report, please contact me at (202) 512-8678 or hillmanr@gao.gov. Key contributors to this report are listed in enclosure VI. Signed by: Richard J. Hillman: Director, Financial Markets and Community Investment: [End of section] Enclosure I: Scope and Methodology: To provide criteria for identifying federal insurance activities, we reviewed the Federal Accounting Standards Advisory Board's (FASAB) Statement of Federal Financial Accounting Standards Number 5, "Accounting for Liabilities of the Federal Government." The statement discusses characteristics of federal insurance, including risk assumption, loss protection, and compensation payment that became central elements of our criteria for federal insurance. We also reviewed the National Association of Insurance Commissioners' (NAIC) Annual Financial Statement Instructions to better understand the nature of private sector insurance and how it might be similar to or different from federal insurance.[Footnote 6] In addition, we reviewed the chapter on credit and insurance in Analytical Perspectives, Budget of the United States Government, Fiscal Year 2005 to determine what guidance the Office of Management and Budget (OMB) offered for developing our criteria and to identify any features the federal insurance activities shared. Further, we reviewed the definition of insurance found in section 302 of the Gramm-Leach-Bliley Act[Footnote 7] to determine whether that definition could help us identify federal insurance activities. In addition, we consulted with FASAB, NAIC, and OMB representatives and insurance experts at the U.S. Department of the Treasury, American Academy of Actuaries, and Wharton School of Business to learn which criteria they would use in identifying federal insurance and to obtain their comments on our criteria. In our meetings with OMB officials, we also attempted to clarify how OMB defines federal insurance for budgetary purposes. To describe federal insurance activities that meet the criteria we developed, we first attempted to identify the universe of such activity. We began by asking FASAB, NAIC, and OMB representatives to share with us any work they had done on federal insurance. They told us that their organizations had not attempted to compile a complete list of federal insurance accounts or activities. However, as part of our discussions, OMB officials identified some budget accounts with activities they considered to be federal insurance, and we included these activities in our catalogue. In addition, we reviewed a 1997 GAO report that, as part of exploring federal budgeting issues, also described a number of activities that met our criteria for federal insurance and are included in our catalogue. Next, we searched the Appendix, Budget of the United States Government, Fiscal Year 2005, using key words, such as "annuity," "benefits," "catastrophic," "claims," "compensation," "contingency," "damages," "disability," "disaster," "emergency," "indemnity," "insurance," "pension," "reinsurance," "reserve," and "retirement." Searching the Appendix allowed us to develop a comprehensive list of federal insurance because we could identify accounts that had small amounts of insurance activity. For example, we were able to identify the U.S. Department of Defense military personnel accounts that fund death benefits for military personnel, among other things. Once we had identified an account through our word search, we applied our criteria for federal insurance to descriptions of the activities funded through the account. Our key word search ultimately allowed us to identify two kinds of accounts. First, we identified accounts through which the government provides insurance to entities other than the federal government--for example, crop insurance for farmers and flood insurance for communities. Second, we identified accounts with self-insurance outlays in fiscal year 2003 for various kinds of damages, litigation, and claims, such as court judgments and torts arising out of vehicle accidents and employment discrimination. To test the reliability of our criteria and better support our decision to include an activity in our catalogue of federal insurance, we verified that the insurance matched one or more lines of private sector insurance that NAIC had identified. According to NAIC, approximately 95 percent of private sector insurance companies use these descriptions in preparing the annual financial statements they submit to the association. Also, to better assure that we were consistently applying our criteria, we compared our treatment of activities that had similar characteristics. For example, we compared the Non-insured Crop Disaster Assistance Program activities found in the Farm Service Agency's Salaries and Expenses account (enclosure II, table 63) with insurance activity found in the Federal Crop Insurance Corporation Fund (enclosure II, table 64) and observed that both protect farmers against catastrophic loss of crops due to unavoidable natural events. Based on our criteria, we identified both of these activities as federal insurance. Our catalogue of insurance activities is based solely on the criteria we developed for this report: other criteria might yield a list that differs from ours in both number and composition of activities. Also, alternative methods for searching the budget or other sources might yield insurance activities that are not included in this report. For example, we identified numerous budget accounts with federal self- insurance activity for fiscal year 2003 within a category called "insurance claims and indemnities." However, using a key word search, we could not identify all self-insurance activities because not all budget accounts with self-insurance activities separately break out insurance claims and indemnities for fiscal year 2003. To describe the federal insurance activities in the accounts we identified and in the deposit insurance, pension insurance, and loan guarantee categories, we reviewed budget documents, agency annual reports, agency Websites, and/or information provided by agency officials. Because 2003 was the latest year for which the Budget of the United States Government, Fiscal Year 2005 provided actual data rather than estimates, the quantitative data are for fiscal year 2003, unless otherwise indicated. As a quality control, we provided a draft of each of the 95 tables in enclosures II and IV to officials in the relevant agencies and received a total of 82 responses. Based on the comments received, we revised the tables as appropriate. We used budget data that the agency provided us when that data differed from the federal budget data and when doing so provided more precise and/or accurate information. Data from the agencies differed from data in the federal budget in some instances when the federal insurance activity was only a part of the overall account activity and thus was not accounted for separately in the budget. Despite our best efforts, the amount and quality of information on individual accounts may vary. Except for certain federal loan guarantees (discussed below), the activities are identified by the name of the budget account that funds them. Enclosure II describes activities that provide federal insurance to entities other than the federal government. Some overlap exists among categories found in the enclosure because several of the retirement annuity activities are funded from accounts that also contain disability, health, and life insurance. Although some of these activities provide retirement, health, and disability benefits for federal employees, their beneficiaries, and survivors we included the activities here because they benefit federal employees and others whom we defined as separate from the federal government. In contrast, we cataloged activities involving legal settlements that agencies pay to other entities as self-insurance (enclosure IV) because the agencies make these payments to protect their own financial self-interests. For example, if an agency pays another entity in settlement for a claim from an accident involving a federal employee driving an agency vehicle, the employee would be an agency representative, and the payment would comprise a federal self-insurance expenditure. Enclosure III lists federal deposit insurance, pension guaranty insurance, and loan guarantee activities that also provide federal insurance to nonfederal entities. For a perspective on the relative sizes and activity levels of the various accounts, we provided outlays, obligated balances, and Unobligated balances for federal deposit insurance and federal pension guaranty insurance. For guaranteed loan activities, we provided data on the amount of federal loan guarantees outstanding. Enclosure IV describes the activities that we identified with expenditures for federal self-insurance in fiscal year 2003--that is, federal agency costs for damages to government property and losses associated with litigation and claims, including compensation for employment discrimination. Less information is available on the activities in this enclosure than on those in enclosure II because the federal budget does not generally report or fund self-insurance activities separately from those related to an agency's overall mission. Because of a lack of detailed budget information, the quantitative data were generally provided by agency officials. For example, outlays differ from the total outlays (gross) reported in enclosure II, as the data in enclosure II are directly from the budget. Enclosure V provides a complete list of insurance activities identified for this report, listed by the responsible agency. We have included the financial data described above, particularly that on total outlays by activity, as well as obligated and Unobligated balances, in order to provide a general perspective on the level of financial activity and resources of each federal insurance activity that we catalogued. However, the data provide a perspective for one point in time and therefore do not measure the long term federal costs or budgetary impact of these insurance activities. Also the data do not measure the exposure to insurance risk that the federal government may face in these activities. Widely agreed upon measures of federal insurance risks are not available or calculable in most instances. We did our work in accordance with generally accepted government auditing standards between January 2004 and March 2005. We performed our work in Chicago, Ill. and Washington, D.C. [End of section] Enclosure II: Description of Accounts Funding Federal Insurance Provided to Entities Other Than the Federal Government: This enclosure describes 71 activities that provide federal insurance to entities other than the federal government, identified by the name of the budget account that funds them. For activities that are not primarily insurance, or that are found in an account whose title does not suggest the presence of insurance, we have provided additional information in parentheses after the account name. We collected the information presented in this enclosure from budget documents, agency officials, annual reports, agency Web sites, or some combination of these sources. Because 2003 is the latest year for which the Budget of the United States Government, Fiscal Year 2005 provides actual data rather than estimates, the quantitative data are for fiscal year 2003, unless otherwise indicated. For each activity, we have provided a table with the following information: (1) administering organization, (2) insurance description, (3) funding source(s), (4) total outlays (gross), (5) obligated balance, (6) Unobligated balance, and (7) number of federal full-time equivalent (FTE) employees. Total outlays (gross) are total fiscal year expenditures for the account's insurance activity. Obligated balances show the financial resources of the account at the end of the fiscal year that are committed to specific purposes related to the insurance activity in the coming fiscal year. Unobligated balances show the financial resources of the account at fiscal year-end that are not yet designated for specific purposes. The number of FTE employees is a measure of the size of the federal workforce devoted to the account's insurance activity. Unless otherwise indicated, FTE data are reported for the principle federal organization administering the insurance activity and not other public or private sector organizations that may also devote resources to the activity. We are providing information on total outlays, obligated balances and Unobligated balances in order to give a perspective on the budgetary impact of each activity for the year that we report. These figures do not reflect the total cost of these activities to the federal government over time. Moreover, they are not intended to describe the exposure that the federal government may have to the financial risks associated with these activities, either individually or in the aggregate, as such information is largely unavailable. Finally, although administrative expenses for some insurance activities were funded by separate accounts, we did not list those accounts separately but included the administrative expenses data along with the other data for the particular activity in one table. Disability, Workers, and Unemployment Compensation (Tables 1-10): Table 1: Black Lung Disability Trust Fund: Administering organization: Division of Coal Mine Workers' Compensation, Office of Workers' Compensation Programs, and Employment Standards Administration, U.S. Department of Labor, U.S. Department of Health and Human Services, and U.S. Department of the Treasury. Insurance description: This account pays workers' compensation and medical benefits to former miners who become totally disabled with pneumoconiosis (a respiratory condition resulting from coal dust exposure that is commonly known as black lung disease). To be eligible for payments from this account, the disease must be work-related, the individual must have stopped working as a miner before 1970, and it must not be possible to assign financial liability for the miner's condition to a particular mine operator. The fund also pays benefits to survivors if an eligible miner's death can be attributed at least partially to the disease. Premiums are not paid for coverage. Funding source(s): * Excise taxes on mined coal and borrowings from the U.S. Treasury[A]. Total outlays (gross): * $1,041 million. Obligated balance: *-$8,205 million[B]. Unobligated balance: * $30 million. Number of FTE employees: * 214. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-8144-0-7-601, p. 723; and U.S. Department of Labor, U.S. Department of Health and Human Services, and U.S. Department of the Treasury. [A] For the past few years annual revenues have been sufficient to pay all annual benefits and administrative costs. Thus new borrowings from the U.S. Treasury have been only to service interest payments on the accumulated debt. [B] The obligated balance is negative because it includes $8,244 million in outstanding debt to the U.S. Treasury. [End of table] Table 2: Disability Compensation Benefits (Veterans): Administering organization: U.S. Department of Veterans Affairs. Insurance description: The account pays compensation to veterans and their survivors for disabilities that the veteran incurred or that were aggravated during active military service. The account also pays dependency and indemnity compensation to survivors of service persons or veterans whose death occurred while on active duty or as a result of service-connected disabilities. In addition, children of Vietnam veterans who were born with certain birth defects are eligible for compensation and vocational rehabilitation. Veterans with certain conditions are eligible for a clothing allowance. Finally, the department may provide other miscellaneous benefits to certain veterans, including automobile grants and adaptive equipment. During fiscal year 2003, the fund paid benefits to 2,444,807 veterans, 311,813 survivors, and 1,044 children. A separate account funds administrative expenses. Funding source(s): * Appropriations. Total outlays (gross): * $24,705 million (benefits); * $713 million (administrative). Obligated balance: * $2,002 million (benefits); * $125 million (administrative). Unobligated balance: * $1,112 million (benefits); * $40 million (administrative). Number of FTE employees: * 7,264. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification codes 36-0102-0-1-701 (benefits) and 36- 0102-4-1-701(administrative), pp. 876-878; and U.S. Department of Veterans Affairs. [End of table] Table 3: Energy Employees Occupational Illness Compensation Fund: Administering organization: Division of Energy Employees' Occupational Illness Compensation, Office of Workers' Compensation Programs, Employment Standards Administration, U.S. Department of Labor. Insurance description: This account provides benefits to federal employees at Department of Energy facilities and employees of contractors and sub-contractors under the Energy Employees' Occupational Illness Compensation Program Act of 2000[A] suffering from certain illnesses related to their exposure to radiation as a result of their work in producing or testing nuclear weapons. The benefits typically cover radiation-related cancer and lung disease (beryllium disease and silicosis) caused by exposure to beryllium or silica. For such illnesses the account will pay the employee a lump sum of up to $150,000 and reimbursement of medical expenses. The account also provides smaller lump-sum payments and medical benefits to those eligible under the Radiation Exposure Compensation Act.b A separate account funds administrative expenses. During fiscal year 2003, the compensation and administrative accounts received $450 million in appropriations. Funding source(s): * Appropriations. Total outlays (gross): * $321 million (benefits); * $61 million (administrative). Obligated balance: * $1 million (benefits); * $46 million (administrative). Unobligated balance: * $59 million (benefits); * $140 million (administrative). FTE employees: * 380. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification codes 16-1523-0-1-053 (benefits) and 16- 1524-0-1-053 (administrative), p. 721; and U.S. Department of Labor. [A] Codified at 42 U.S.C. §§ 7384 et seq. [B] Codified at 42 U.S.C. § 2210 note. [End of table] Table 4: Federal Disability Insurance Trust Fund: Administering organization: U.S. Social Security Administration. Insurance description: The insurance pays cash benefits to those who are unable to work due to a physical or mental impairment that lasts or can be expected to last continuously for at least 12 months or that can be expected to result in death. The insurance also provides benefits to spouses, dependent minor children, and disabled dependent children of wage earners over age 18, if the child's disability occurred before age 22 and continues. In fiscal year 2003, 179.7 million workers were covered, or about 78 percent of the U.S. population between the ages of 20 and 65. Funding source(s): * Social Security taxes paid by wage earners and self-employed individuals. Total outlays (gross): * $71,982 million. Obligated balance: * $17,605 million. Unobligated balance: * $153,188 million. Number of FTE employees: * Approximately 20,700. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-8007-0-7-651, pp. 1081-1082; and U.S. Social Security Administration. [End of table] Table 5: Public Safety Officers' Benefits: Administering organization: Bureau of Justice Assistance, U.S. Department of Justice. Insurance description: The insurance provides death, disability, and educational benefits for public safety officers killed or permanently and totally disabled in the line of duty. Public safety officers include paid and unpaid individuals serving a public agency as law enforcement officers, firefighters, or members of a public rescue squad or ambulance crew. The insurance also provides death benefits to eligible survivors of public safety officers and educational assistance to children or spouses of officers who were killed or permanently disabled in the line of duty. In fiscal year 2003, 510 claims totaling $55.2 million were paid to beneficiaries. Funding source(s): * Appropriations. Total outlays (gross): * $56 million. Obligated balance: * $5 million. Unobligated balance: * $5 million. Number of FTE employees: * 6 and 1 contractor. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 15-0403-0-1-754, p. 701; and U.S. Department of Justice. [End of table] Table 6: Service-Disabled Veterans Insurance Fund: Administering organization: U.S. Department of Veterans Affairs. Insurance description: The fund provides life insurance policies for veterans who left military service after April 24, 1951 and have a service-connected disability. Veterans are eligible for the insurance if they (1) are in good health other than for their service-connected disability, (2) apply for the insurance within 2 years of establishing that their disability is service-connected, and (3) received other than a dishonorable discharge. Policy premiums are based on rates that healthy veterans would have paid when the program began in 1951; these premiums may be waived for eligible veterans who are totally disabled. At the end of fiscal year 2003, the fund had $1.5 billion of insurance in force on 154,537 policies. Funding source(s): * Interest on loans to policyholders, premiums, and appropriations. Total outlays (gross): * $66 million. Obligated balance: * $9 million. Unobligated balance: * $9 million. Number of FTE employees: * 513 for 6 veterans programs[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 36-4012-0-3-701, p. 886; and U.S. Department of Veterans Affairs. [A] The following insurance programs for veterans are administered from the department's Philadelphia office: Veterans Mortgage Life Insurance, National Service Life Insurance, Veterans Reopened Life Insurance, Service-Disabled Veterans Insurance, Veterans Special Life Insurance, and U.S. Government Life Insurance. [End of table] Table 7: Special Benefits (Federal Employees): Administering organization: Division of Federal Employees' Compensation, Office of Workers' Compensation Programs, Employment Standards Administration, U.S. Department of Labor. Insurance description: This account provides monetary and medical benefits to federal workers and their survivors when the federal worker sustains a work-related injury or disease or dies from work-related causes. Benefits include long-term wage replacement benefits, coverage of medical care costs, and medical and vocational rehabilitation assistance needed for returning to work. The account covered 2.8 million federal employees, including postal employees and civilian employees of the armed services as of the end of fiscal year 2003. This account and a separate salaries and expenses account funds administrative expenses. Funding source(s): * Appropriations and reimbursements from employing federal agencies. Total outlays (gross): * $2,371 million (benefits); * $130 million (administrative). Obligated balance: * $145 million (benefits); * $1.2 million (administrative from salaries and expenses account). Unobligated balance: * Not available. Number of FTE employees: * 133[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 16-1521-0-1-600, pp. 719-720; and U.S. Department of Labor. [A] Another 839 FTEs are funded from a separate salaries and expenses account. [End of table] Table 8: Special Benefits for Disabled Coal Miners: Administering organization: Division of Coal Mine Workers' Compensation, Office of Workers' Compensation Programs, Employment Standards Administration, U.S. Department of Labor. Insurance description: This account provides workers' compensation and medical benefits to former miners who were totally disabled by work- related pneumoconiosis (a respiratory condition resulting from coal dust exposure that is commonly known as black lung disease). It also provides benefits to coal miners' survivors if an eligible miner's death can be attributed at least partially to the disease. The account pays benefits on claims filed between December 30, 1969, and June 30, 1973. Funding source(s): * Appropriations. Total outlays (gross): * $421 million. Obligated balance: * $37 million. Unobligated balance: * $2 million. Number of FTE employees: * 17. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 16-0169-0-1-601, p. 722; and U.S. Department of Labor. [End of table] Table 9: Special Workers' Compensation Expenses: Administering organization: Employment Standards Administration, U.S. Department of Labor. Insurance description: This trust fund provides additional compensation and medical benefits to maritime workers who become disabled as a result of a second injury received on the job and benefits to their dependents if the injury causes death. Compensation may be in the form of continuing benefits when an employer defaults on its obligation or when an employer's obligation is limited to a specific time period. The account also funds a portion of the benefits paid to maritime workers permanently disabled before 1972, maintenance payments to disabled maritime workers in vocational rehabilitation, and covers the procurement of such services. Funding source(s): * Assessments on commercial insurers and employers of maritime workers that self-insure rather than buy coverage from commercial insurers, fines and penalty payments, appropriations, and funding amounts the department receives when an employee entitled to benefits dies without having a beneficiary entitled to compensation. Total outlays (gross): * $144 million. Obligated balance: * $144 million. Unobligated balance: * $67 million. Number of FTE employees: * 107. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 16-9971-0-7-601, pp. 724-725; and U.S. Department of Labor. [End of table] Table 10: Unemployment Trust Fund: Administering organization: Employment and Training Administration, U.S. Department of Labor. Insurance description: The insurance pays benefits to the unemployed, covering almost all wage and salary workers. State and federal payroll taxes on employers that are deposited into the account fund the bulk of benefits and administrative costs. The state employer payroll taxes cover standard state unemployment benefits, while the federal employer payroll taxes cover extended unemployment benefits and administrative costs. The fund invests the taxes in U.S. government securities until needed to pay benefits or administrative costs. In fiscal year 2003, 128.9 million workers were covered. During this period, $54 billion was paid to the unemployed, compensating them for 211 million weeks of unemployment. Funding source(s): * Federal and state payroll taxes on employers. Total outlays (gross): * $58,393 million. Obligated balance: * $1,304 million. Unobligated balance: * $45,810 million. Number of FTE employees: * 202. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-8042-0-7-999, pp. 713-714; and U.S. Department of Labor. [End of table] Medical Liability and Injury Compensation (Tables 11-14): Table 11: Health Resources and Services (Medical Malpractice Claims Fund): Administering organization: Health Resources and Services Administration, U.S. Department of Health and Human Services. Insurance description: The fund pays medical malpractice claims made against physicians and health care employees acting within the scope of their employment at federally supported health centers, including free health clinics. The insurance is provided at no charge to the centers and clinics and is intended to reduce or eliminate the need for participants to purchase private medical malpractice insurance, thereby making more funds available for health services. Funding source(s): * Appropriations. Total outlays (gross): * $23 million in claims[A]. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 75-0350-0-1-550, pp. 423-425; and U.S. Department of Health and Human Services. [A] Claims are projected to rise to $50 million in fiscal year 2004. [End of table] Table 12: Public Health and Social Services Emergency Fund (Smallpox Injury Compensation): Administering organization: Health Resources and Services Administration, U.S. Department of Health and Human Services. Insurance description: The insurance provides medical, death, and lost employment income benefits to eligible parties, including (1) individuals who received a smallpox vaccine under a department-approved federal, state, or local plan and who sustained a resulting medical injury, (2) individuals who contracted a sickness, called vaccinia, that results from contact with someone who received the smallpox vaccination or from contact with someone who had the sickness, and (3) the estate and certain survivors of the individuals described in (1) and (2). Fifty-one requests were made for benefits from the program's inception on April 30, 2003, through July 5, 2005. Funding source(s): * Appropriations. Total outlays (gross): * $214,000. Obligated balance: * $0. Unobligated balance: * $41.7 million. Number of FTE employees: * 6. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 75-9912-0-1-551, p. 461; and U.S. Department of Health and Human Services. [End of table] Table 13: Vaccine Injury Compensation: Administering organization: Health Resources and Services Administration, U.S. Department of Health and Human Services. Insurance description: The insurance provides compensation and benefits to individuals, or the estates of individuals, who were injured or died as a result of receiving routinely administered vaccines such as polio, measles, and mumps before October 1, 1988. The insurance also generally provides medical liability protection to doctors, drug manufacturers, and hospitals that administer the vaccines on behalf of the U.S. Public Health Service. Funding source(s): * Appropriations[A]. Total outlays (gross): * about $900 million. Obligated balance: * about $900 million. Unobligated balance: * $1.4 million. Number of FTE employees: * 9. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 75-0320-0-1-551, p. 425; and U.S. Department of Health and Human Services. [A] The account has not received appropriations since fiscal year 1997 because prior year balances have been sufficient to pay claims. [End of table] Table 14: Vaccine Injury Compensation Program Trust Fund: Administering organization: Health Resources and Services Administration, U.S. Department of Health and Human Services. Insurance description: The insurance provides compensation and benefits to individuals, or the estates of individuals, who were injured or died as a result of receiving routinely administered vaccines such as polio, measles, and mumps after October 1, 1988. Vaccine purchasers, such as the Centers for Disease Control and Prevention and health care providers, pay excise taxes to vaccine producers. These taxes are remitted to the U.S. Department of the Treasury for deposit into the trust fund. Using the fund's resources, the Department of Health and Human Services purchases government-owned annuity contracts from private insurance companies to cover benefits provided to the injured party. In addition, the insurance generally provides medical liability protection to doctors, drug manufacturers, and hospitals that administer the vaccines. Over 950 annuity contracts were purchased from the program's inception on October 1, 1988, to July 2, 2004. In fiscal year 2003, $73.4 million was awarded to 59 petitioners. Funding source(s): * Excise taxes and interest on investments. Total outlays (gross): * $84 million. Obligated balance: * $1 million. Unobligated balance: * $1,901 million. Number of FTE employees: * 9. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-8175-0-7-551, pp. 428-429; and U.S. Department of Health and Human Services. [End of table] Health Insurance (Tables 15-22): Table 15: Employees and Retired Employees Health Benefit Funds: Administering organization: U.S. Office of Personnel Management. Insurance description: This account is comprised of the Federal Employees Health Benefits (FEHB) program and the Retired Employees Health Benefits (REHB) program. The FEHB program covers the cost of health benefits for employees who are currently active or retired after July 1960, or their survivors. The REHB program covers the cost of health benefits for other retired employees, or their survivors, including those who retain or purchase private insurance or enroll in government sponsored insurance. The Office of Personnel Management approves the various health plans that are offered (approximately 205 at the end of fiscal year 2003). As of the end of fiscal year 2003, 2.2 million active federal employees and 1.8 million annuitants were enrolled in the FEHB program, and 2,362 retirees were enrolled in the REHB program. Funding source(s): * Employee withholdings, contributions from federal employing agencies and annuitants, appropriations, and interest income. Employee and government contributions also fund a contingency reserve that the Office of Personnel Management maintains and that may be used to pay for increased costs or benefits. Total outlays (gross): * $24,964 million. Obligated balance: * $2,484 million. Unobligated balance: * $6,554 million. Number of FTE employees: * 100. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 24-9981-0-8-55, pp. 1065-1066; and U.S. Office of Personnel Management. [End of table] Table 16: Federal Hospital Insurance Trust Fund (Medicare Part A): Administering organization: Centers for Medicare and Medicaid Services, U.S. Department of Health and Human Services. Insurance description: The account funds the Medicare Part A program, which partially covers the costs of, among other things, home health care and inpatient care in hospitals and skilled nursing facilities and fully covers the costs of hospice care. Based on their work history, most U.S. citizens and permanent residents and their spouses are eligible for Medicare Part A if they are 65 years of age or older. Also, persons under 65 years old with certain types of disabilities or with chronic renal disease are eligible for coverage. Enrollees or their spouses who have contributed to Medicare through payroll taxes for at least 10 years of employment are automatically enrolled at age 65 and need not pay premiums to receive coverage. Individuals who have not met this eligibility requirement may purchase Part A coverage. Medicare Part A had 40.5 million enrollees at mid-fiscal year 2003. Funding source(s): * Payroll taxes and premiums payments. Total outlays (gross): * $152,793 million. Obligated balance: * $1,228 million. Unobligated balance: * $249,863 million. Number of FTE employees: * Not available[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-8005-0-7-571, p. 447; and U.S. Department of Health and Human Services. [A] An estimated 3,471 FTEs supported all Medicare programs in fiscal year 2003. [End of table] Table 17: Federal Supplementary Medical Insurance Trust Fund (Medicare Part B): Administering organization: Centers for Medicare and Medicaid Services, U.S. Department of Health and Human Services. Insurance description: This account, also known as Medicare Part B, partially covers the cost of doctors' services and outpatient hospital care. It also covers other services that are not covered under Medicare Part A, such as durable medical equipment and outpatient laboratory services. Eligibility requirements for Medicare Part B are the same as those for Part A (see table 16). However, unlike for Medicare Part A, eligible individuals must enroll and pay a premium to receive Part B coverage. Medicare Part B had an average of 38.4 million enrollees in fiscal year 2003. Funding source(s): * Primarily beneficiary premiums and appropriations. Total outlays (gross): * $124,055 million. Obligated balance: * $1,072 million. Unobligated balance: * $23,729 million. Number of FTE employees: * Not available[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-8004-0-7-571, pp. 449-450; and U.S. Department of Health and Human Services. [A] An estimated 3,471 FTEs supported all Medicare programs in fiscal year 2004. [End of table] Table 18: Payments to Health Care Trust Funds: Administering organization: Centers for Medicare and Medicaid Services, U.S. Department of Health and Human Services. Insurance description: The primary purpose of this account is to pay benefits under the Federal Hospital Insurance Trust Fund and the Federal Supplementary Medical Insurance Trust Fund accounts, commonly known as Medicare Parts A and B, respectively, to the small groups of beneficiaries who did not qualify for the benefits at the programs' inception. Such groups include workers and their spouses who reached the age of 65 by 1968, people on active military duty before 1957, and federal workers who converted from the Civil Service Retirement System to the Federal Employees Retirement System. In 1986, the account received a lump sum payment to cover all future benefits. Since then, agency actuaries and trustees have reviewed the account every 5 years to determine if adjustments are needed. Funding source(s): * Appropriations. Total outlays (gross): * $393 million. Unobligated balance: * $0. Obligated balance: * $0. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 75-0580-0-1-571, p. 443; and U.S. Department of Health and Human Services. [End of table] Table 19: Railroad Unemployment Insurance Trust Fund: Administering organization: U.S. Railroad Retirement Board. Insurance description: Consistent with the Railroad Retirement Board's mission of administering benefit programs for railroad workers and their families, the insurance provides two kinds of benefits for railroad employees--unemployment benefits for those who are able but not working and sickness benefits for those who are unable to work because of illness or injury. In the benefit year ending June 30, 2003, the fund paid unemployment and sickness benefits to 36,400 of 259,100 employees qualified to receive benefits. Funding source(s): * Employer contributions and investment income. Total outlays (gross): * $123 million. Obligated balance: * $5 million. Unobligated balance: * $0. Number of FTE employees: * 170. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 60-8051-0-7-603, pp. 1177-1178; and U. S. Railroad Retirement Board. [End of table] Table 20: State Children's Health Insurance Fund: Administering organization: Centers for Medicare and Medicaid Services, U.S. Department of Health and Human Services. Insurance description: The account funds health insurance for children under 19 years old who live with low-income families. An expansion of the Social Security Act created the program, which is administered by the states. Some states have expanded the minimum income requirements, and others are covering entire families, not just children. The program funding "sunsets" after fiscal year 2007.[A] In all of fiscal year 2003, 5.8 million children were enrolled in the program. Funding source(s): * Appropriations that match state funding. Total outlays (gross): * $4,355 million. Obligated balance: * $9,755 million. Unobligated balance: * $0. Number of FTE employees: * 75. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 75-0515-0-1-551, p. 446; and U.S. Department of Health and Human Services. [A] Funding is said to "sunset" when it is subject to automatic statutory termination at the end of a fixed period unless formally renewed. [End of table] Table 21: Transitional Drug Assistance, Federal Supplementary Medical Assistance Trust Fund: Administering organization: Centers for Medicare and Medicaid Services, U.S. Department of Health and Human Services. Insurance description: The account funds a $600 credit to help cover the cost of prescription drugs for low-income Medicare participants in the Transitional Drug Assistance program. Individuals are eligible for benefits if their income is not more than 135 percent of the poverty line, and they do not have outpatient drug coverage from other sources. Coverage from the program will end when the Medicare Part D drug benefit becomes effective on January 1, 2006. The program credit assisted 1.3 million enrollees as of the end of fiscal year 2004.[A]. Funding sources: * Appropriations. Total outlays (gross): * $216 million in fiscal year 2004 for credit benefits[A]. Obligated balance: * $281 million in fiscal year 2004[A]. Unobligated balance: * Not available. Number of FTE employees: * 270 in fiscal year 2004[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 75-8307-0-7-571, p. 450; and U.S Department of Health and Human Services. [A] Data are first available for the fourth quarter of fiscal year 2004 when the program was implemented. [End of table] Table 22: Uniformed Services Retiree Health Care Fund: Administering organization: U.S. Department of Defense. Insurance description: The fund provides coverage for medical expenses not covered by Medicare, with some restrictions, and medical care provided at military treatment facilities. Retirees of the uniformed services who are eligible for Medicare and qualifying dependents can receive coverage for expenses not covered by Medicare, but they must first be enrolled in Medicare Part B unless they receive care at a military treatment facility. In that case, they need only be eligible for Medicare Part A. In fiscal year 2003, 1.7 million individuals received benefits. Funding source(s): * Appropriations, agency contributions, and investment income. Total outlays (gross): * $4,315 million. Obligated balance: * $268 million. Unobligated balance: * $0. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 97-5472-0-2-551, p. 928; and U.S. Department of Defense. [End of table] Life Insurance and Death Benefits (Tables 23-38): Table 23: Burial Benefits (Veterans): Administering organization: U.S. Department of Veterans Affairs. Insurance description: The Department of Veterans Affairs uses this account to fund and administer a range of burial benefit programs for veterans through two of its organizations--the Veterans Benefits Administration and the National Cemetery Administration. Benefits include flags for draping caskets and cash allowances for funeral and burial expenses, headstones and markers, and grave maintenance. Fund outlays cover, among other things, benefit payments and administrative expenses. The latter are funded from a separate account. During fiscal year 2003, the burial benefit programs provided cash allowances for 78,000 burials and 341,000 headstones and markers. Funding source(s): * Appropriations. Total outlays (gross): * $143 million (benefits); * $206 million (administrative). Obligated balance: * $0 (benefits); * $129 million (administrative). Unobligated balance: * $0 (benefits); * $175 million (administrative). Number of FTE employees: * 1,655. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification codes 36-0139-0-1-701 (benefits) and 36- 0129-0-1-700 (administrative), pp. 885-886; and U.S. Department of Veterans Affairs. [End of table] Table 24: Insurance Benefits (Veterans Mortgage Life Insurance): Administering organization: U.S. Department of Veterans Affairs. Insurance description: Veterans Mortgage Life Insurance was established in 1971 to pay up to $90,000 on an unpaid home mortgage in the event of an eligible veteran's death. The insurance covers veterans who received grants from the Department of Veterans Affairs for housing specially adapted for veterans with severe disabilities incurred during military service. At the end of fiscal year 2003, the program had $175 million of insurance in force on 2,793 policies. Funding source(s): * Appropriations and premiums. Total outlays (gross): * $30 million. Obligated balance: * $209,000. Unobligated balance: * $615,000. Number of FTE employees: * 513 people administer 6 insurance programs[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification codes 36-0120-0-1-701 (benefits) and 36- 0141-0-1-701 (administrative), pp. 882-883; and U.S. Department of Veterans Affairs. [A] The following insurance programs for veterans are administered from the department's Philadelphia office: Veterans Mortgage Life Insurance, National Service Life Insurance, Veterans Reopened Life Insurance, Service-Disabled Veterans Insurance, Veterans Special Life Insurance, and U.S. Government Life Insurance. [End of table] Table 25: Military Personnel, Air Force (death gratuity): Administering organization: U.S. Air Force, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding various expenses of Air Force personnel, including pay, allowances, and certain travel expenses, the account funds a $12,000 death gratuity to beneficiaries of deceased Air Force military personnel whose death occurred (a) while on active duty or traveling to or from duty, (b) during the 120-day period following date of discharge or release from active duty when death results from a service-connected or-aggravated injury or disease, or (c) while traveling to or from or while at a place for final acceptance or entry into active duty. Funding source(s): * Appropriations. Total outlays (gross): * $1.9 million for death gratuities to 160 beneficiaries. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 57-3500-0-1-051, pp. 250-251; and U.S. Department of Defense. [End of table] Table 26: Military Personnel, Army (death gratuity): Administering organization: U.S. Army, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding various expenses of Army personnel, including pay, allowances, and certain travel expenses, the account funds a $12,000 death gratuity to beneficiaries of deceased Army military personnel whose death occurred (a) while on active duty or traveling to or from duty, (b) during the 120-day period following date of discharge or release from active duty when death results from a service-connected or-aggravated injury or disease, or (c) while traveling to or from active duty, or while at a place for final acceptance or entry into active duty. Funding source(s): * Appropriations. Total outlays (gross): * $3.2 million for death gratuities to 528 beneficiaries. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 21-2010-0-1-051, p. 248; and U.S. Department of Defense. [End of table] Table 27: Military Personnel, Marine Corps (death gratuity): Administering organization: U.S. Marine Corps, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding various expenses of Marine Corps personnel, including pay, allowances, and certain travel expenses, the account funds insurance claim and indemnity activities that include making $12,000 death gratuity payments to beneficiaries of deceased Marine Corps personnel whose death occurred (a) while on active duty or traveling to or from duty, (b) during the 120-day period following date of discharge or release from active duty when death results from a service-connected or- aggravated injury or disease, or (c) while traveling to or from active duty, or while at a place for final acceptance or entry into active duty. Funding source(s): * Appropriations. Total outlays (gross): * $1.2 million for death gratuities to 104 beneficiaries. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 17-1105-0-1-051, pp. 249-250; and U.S. Department of Defense. [End of table] Table 28: Military Personnel, Navy (death gratuity): Administering organization: U.S. Navy, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding various expenses of Navy personnel, including pay, allowances, and certain travel expenses, the account funds a $12,000 death gratuity to beneficiaries of deceased Navy military personnel whose death occurred (a) while on active duty or traveling to or from duty, (b) during the 120-day period following date of discharge or release from active duty when death results from a service-connected or-aggravated injury or disease, or (c) while traveling to or from active duty, or while at a place for final acceptance or entry into active duty. Funding source(s): * Appropriations. Total outlays (gross): * $1.6 million for death gratuities paid to 260 beneficiaries. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 17-1453-0-1-151, pp. 248-249; and U.S. Department of Defense. [End of table] Table 29: National Guard Personnel, Air Force (death gratuity): Administering organization: U.S. Air Force, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding the salaries and expenses of Air Force National Guard personnel, the account funds a $12,000 death gratuity to beneficiaries of deceased Air Force National Guard personnel whose death occurred (a) while on active duty, (b) participating in training for active or inactive duty, or (c) traveling directly to or from duty. Funding source(s): * Appropriations. Total outlays (gross): * $12,000 for a death gratuity to 1 beneficiary. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 57-3850-0-1-051, p. 254; and U.S. Department of Defense. [End of table] Table 30: National Guard Personnel, Army (death gratuity): Administering organization: Army National Guard, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding the salaries and expenses of Army National Guard personnel, the account funds a $12,000 death gratuity to beneficiaries of deceased Army National Guard personnel whose death occurred (a) while on active duty, (b) participating in training for active or inactive duty, or (c) while traveling to or from duty. Funding source(s): * Appropriations. Total outlays (gross): * $316,000 for death gratuities to 53 beneficiaries. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 21-2060-0-1-051, p. 253-254; and U.S. Department of Defense. [End of table] Table 31: National Service Life Insurance Fund (Veterans): Administering organization: U.S. Department of Veterans Affairs. Insurance description: This fund was opened in 1940 to meet the insurance needs of World War II military service personnel. By the time the program was closed in 1951 it had issued over 22 million policies with an aggregate face value of $174 billion. The basic policy has a maximum face amount of $10,000, although policyholders could purchase additional insurance that would provide income if they became totally disabled before age 65. At the end of fiscal year 2003, the program had $14.8 billion of insurance in force on 1.4 million policies, and the average policy in force had a face value of about $10,500. Funding source(s): * Investment income, premiums, and appropriations. Total outlays (gross): * $1,613 million. Obligated balance: * $1,461 million. Unobligated balance: * $9,795 million. Number of FTE employees: * 513 people administer 6 insurance programs[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 36-8132-0-7-701, pp. 895-896; and U.S. Department of Veterans Affairs. [A] The following insurance programs for veterans are administered from the department's Philadelphia office: Veterans Mortgage Life Insurance, National Service Life Insurance, Veterans Reopened Life Insurance, Service-Disabled Veterans Insurance, Veterans Special Life Insurance, and U.S. Government Life Insurance. [End of table] Table 32: Reserve Personnel, Air Force (death gratuity): Administering organization: U.S. Air Force, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding the salaries and expenses of U.S. Air Force reserve personnel, the account funds a $12,000 death gratuity to beneficiaries of deceased Air Force reserve personnel whose death occurred (a) while on active duty, (b) participating in training for active or inactive duty, or (c) traveling directly to or from duty. Funding source(s): * Appropriations. Total outlays (gross): * $24,000 for death gratuities to 2 beneficiaries. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 57-3700-0-1-051, pp. 252-253; and U.S. Department of Defense. [End of table] Table 33: Reserve Personnel, Army (death gratuity): Administering organization: U.S. Army, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding the salaries and expenses of Army reserve personnel, the account funds a $12,000 death gratuity to beneficiaries of deceased Army reserve personnel whose death occurred (a) while on active duty, (b) participating in training for active or inactive duty, or (c) traveling directly to or from duty. Funding source(s): * Appropriations. Total outlays (gross): * $114,000 for death gratuities to 9 beneficiaries. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 21-2070-0-1-051, p. 251; and U.S. Department of Defense. [End of table] Table 34: Reserve Personnel, Marine Corps (death gratuity): Administering organization: U.S. Marine Corps, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding the salaries and expenses of Marine Corps reserve personnel, the account funds a $12,000 death gratuity to beneficiaries of deceased Marine Corps reserve personnel whose death occurred (a) while on active duty, (b) participating in training for active or inactive duty, or (c) traveling directly to or from duty. Funding source(s): * Appropriations. Total outlays (gross): * $48,000 for death gratuities to 4 beneficiaries. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 17-1108-0-1-051, p. 252; and U.S. Department of Defense. [End of table] Table 35: Reserve Personnel, Navy (death gratuity): Administering organization: U.S. Navy, U.S. Department of Defense. Insurance description: In addition to its primary purpose of paying the salaries and expenses of Navy reserve personnel, the account funds a $12,000 death gratuity to beneficiaries of deceased Navy reserve personnel whose death occurred (a) while on active duty, (b) participating in training for active or inactive duty, or (c) while traveling directly to or from duty. Funding source(s): * Appropriations. Total outlays (gross): * $132,000 for death gratuities to 11 beneficiaries. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 17-1405-0-1-051, pp. 251-252; and U.S. Department of Defense. [End of table] Table 36: United States Government Life Insurance Fund (Veterans): Administering organization: U.S. Department of Veterans Affairs. Insurance description: This account funds life insurance for persons in the military before October 8, 1940, and was created to meet the needs of World War I veterans when private insurers were unwilling to assume war-related risks. In addition to the death benefit, the policy provides a disability benefit to veterans who become totally and permanently disabled. The level of assets in the trust fund was sufficient to allow the program to declare all policies paid up as of January 1, 1983, and to stop collecting premiums from policyholders. In addition, the investment earnings by the trust fund have exceeded amounts needed to pay future claims, allowing the program to pay dividends to policyholders. The program had $37 million of insurance in force on 11,770 policies at the end of fiscal year 2003. Funding source(s): * Investment income, interest on loans to policyholders, and appropriations. Total outlays (gross): * $10 million. Obligated balance: * $17 million. Unobligated balance: * $39 million. Number of FTE employees: * 513 people administer 6 insurance programs[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 36-8150-0-7-701, pp. 896-897; and U.S. Department of Veterans Affairs. [A] The following insurance programs for veterans are administered from the department's Philadelphia office: Veterans Mortgage Life Insurance, National Service Life Insurance, Veterans Reopened Life Insurance, Service-Disabled Veterans Insurance, Veterans Special Life Insurance, and U.S. Government Life Insurance. [End of table] Table 37: Veterans Reopened Insurance Fund: Administering organization: U.S. Department of Veterans Affairs. Insurance description: This fund was created to provide life insurance for disabled veterans, mainly from World War II and the Korean Conflict, who, between October 8, 1940, and January 1, 1957, had been eligible for or enrolled in an insurance program but had dropped out or were uninsurable because of their disability. The disabled veterans had 1 year, beginning May 1, 1965, to apply for coverage. At the end of fiscal year 2003, the fund had $556 million of insurance in force on 63,000 policies. Funding source(s): * Investment income, premiums, and interest on loans to policyholders. Total outlays (gross): * $64 million. Obligated balance: * $51 million. Unobligated balance: * $409 million. Number of FTE employees: * 513 people administer 6 insurance programs[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 36-4010-0-3-701, p. 887; and U.S. Department of Veterans Affairs. [A] The following insurance programs for veterans are administered from the department's Philadelphia office: Veterans Mortgage Life Insurance, National Service Life Insurance, Veterans Reopened Life Insurance, Service-Disabled Veterans Insurance, Veterans Special Life Insurance, and U.S. Government Life Insurance. [End of table] Table 38: Veterans Special Life Insurance Fund: Administering organization: U.S. Department of Veterans Affairs. Insurance description: This fund was established in 1951 to meet the insurance needs of veterans who served during the Korean Conflict and a few years thereafter--a period from April 2, 1951, through January 1, 1957. During this period, all service members on active duty received $10,000 of life insurance coverage at no cost to them. That coverage remained in force for 120 days after their discharge, at which time they could purchase $10,000 of term life insurance. Policyholders could also elect to purchase disability income coverage. The fund has been distributing excess income resulting from lower than expected death rates to policyholders as dividends. At the end of fiscal year 2003, 220,719 policies were in force with an aggregate face value of $2.6 billion. Funding source(s): * Investment income, premiums, and interest on loans to policyholders. Total outlays (gross): * $189 million. Obligated balance: * $312 million. Unobligated balance: * $1,540 million. Number of FTE employees: * 513 people administer 6 insurance programs[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 36-8455-0-8-701, p. 897; and U.S. Department of Veterans Affairs. [A] The following insurance programs for veterans are administered from the department's Philadelphia office: Veterans Mortgage Life Insurance, National Service Life Insurance, Veterans Reopened Life Insurance, Service-Disabled Veterans Insurance, Veterans Special Life Insurance, and U.S. Government Life Insurance. [End of table] Retirement Annuity (Tables 39-53): Table 39: Central Intelligence Agency Retirement and Disability System Fund: Administering organization: U.S. Central Intelligence Agency. Insurance description: This account maintains the funds needed to operate the agency's retirement program for designated employees with at least 5 years of qualifying service involving activities abroad hazardous to life or health, or clearly distinguishable from normal government service because of specialized security duties. The fund pays the costs of disbursing annuities related to military service, costs not covered by employee and employer contributions, and costs of financing unfunded liabilities. Funding source(s): * Appropriations. Total outlays (gross): * $223 million. Obligated balance: * $0. Unobligated balance: * $0. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 56-3400-0-1-054 pp. 1090-1091. [End of table] Table 40: Civil Service Retirement and Disability Fund: Administering organization: U.S. Office of Personnel Management. Insurance description: The fund provides retirement and disability benefits for active federal employees and federal retirees and survivors. The account pays benefits under two federal civilian retirement systems: (1) the Civil Service Retirement System, a defined benefit plan that covers federal employees hired before 1984 and (2) the Federal Employees' Retirement System that covers federal employees hired after 1983 and those who convert from the Civil Service Retirement System. The Federal Employees' Retirement System is a three- tiered pension program that includes a basic defined benefit, a thrift savings plan, and social security. This fund provides the basic defined benefit component. Other funds provide for the Thrift Savings Plan and social security benefits. The fund covered 2.7 million active federal employees and 2.4 million federal retirees and survivors in fiscal year 2003. Funding source(s): * Employee and agency contributions and appropriations. Total outlays (gross): * $50,368 million. Obligated balance: * $4,402 million. Unobligated balance: * $597,334 million. Number of FTE employees: * 800. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 24-8135-0-7-602, pp. 1063-1064; and U.S. Office of Personnel Management. [End of table] Table 41: District of Columbia Federal Pension Liability Trust Fund (and Federal Supplemental District of Columbia Fund): Administering organization: Office of District of Columbia Pensions, U.S. Department of the Treasury. Insurance description: The District of Columbia Federal Pension Liability Trust Fund pays the retirement benefits earned through June 30, 1997, of district police officers, firefighters, and teachers and the expenses of the Secretary of the Treasury in administering the fund. The Department of Treasury established this fund and two others (the District of Columbia Judicial Retirement and Survivors Annuity Fund and the Federal Supplemental District of Columbia Pension Fund) in 1997 when it assumed financial responsibility for certain pension obligations of the District of Columbia. The District of Columbia retained responsibility for funding retirement benefits earned after June 1997 through current contributions by police, firefighters, and teachers and the District of Columbia funds. Because federal liability for these plans pertains to benefits earned before July 1997, employees do not contribute to the fund. After the liability trust fund is depleted, benefits and administrative costs will be paid from the Federal Supplemental District of Columbia Pension Fund. The liability trust and supplemental funds covered 20,409 active and retired employees at the end of fiscal year 2003. Funding source(s): * Investment income, appropriations. Total outlays (gross): * $488 million for liability trust fund; * $0 for supplemental fund. Obligated balance: * $67 million in liability trust fund; * $0 in supplemental fund. Unobligated balance: * $1,992 million in liability trust fund; * $1,640 million in supplemental fund. Number of FTE employees: * 21 administer 3 funds[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification codes 20-8230-0-7-601 (liability trust fund) and 20-5500-0-2-601 (supplemental fund), pp. 1110-1112; and U.S. Department of the Treasury. [A] The three funds are the District of Columbia Federal Pension Liability Trust Fund, the District of Columbia Judicial Retirement and Survivors Annuity Fund, and the Federal Supplemental District of Columbia Pension Fund. [End of table] Table 42: District of Columbia Judicial Retirement and Survivors Annuity Fund: Administering organization: Office of District of Columbia Pensions, U.S. Department of the Treasury. Insurance description: The fund provides the retirement and survivor benefits of active and retired District of Columbia judges. As of the end of fiscal year 2003, 138 active and retired judges were covered by the fund. The U.S. Department of Treasury established this fund and two others (the District of Columbia Federal Pension Liability Trust Fund and the Federal Supplemental District of Columbia Pension Fund) in 1997 when it assumed financial responsibility for certain pension obligations of the District of Columbia. Funding source(s): * Appropriations, investment earnings, and payroll withholdings. Total outlays (gross): * $7 million. Obligated balance: * $1 million. Unobligated balance: * $91 million. Number of FTE employees: * 21 administer 3 funds[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-8212-0-7-602, p. 1107 and U.S. Department of the Treasury. [A] The three funds are the District of Columbia Federal Pension Liability Trust Fund, the District of Columbia Judicial Retirement and Survivors Annuity Fund, and the Federal Supplemental District of Columbia Pension Fund. [End of table] Table 43: Federal Old Age and Survivors Insurance (Social Security): Administering organization: U.S. Social Security Administration. Insurance description: This trust fund provides monthly cash benefits to retired workers and their dependents and to survivors of deceased workers. While most beneficiaries receive retirement benefits, others receive benefits because they are one of the following: (1) a disabled widow, or disabled adult child of a deceased worker, (2) a spouse or child of someone who receives social security, (3) a spouse or child of a deceased worker, or (4) a dependent parent of a deceased worker. The fund's largest funding source is social security payroll taxes, which finance social security benefits paid to current recipients. The level of payroll taxes collected is not expected to keep pace with growth in the number of beneficiaries. If, as projected, the number of persons 65 years old and older doubles within the next 15 years, fund resources are projected to be insufficient to maintain existing benefit levels unless steps are taken to more closely balance funding and benefits. In December 2003, 39.4 million people were receiving benefits. Funding source(s): * Payroll taxes from employers, employees, and the self-employed; interest income; and income taxes on benefits. Total outlays (gross): * $402,698 million. Obligated balance: * $39,949 million. Unobligated balance: * $1,273,446 million. Number of FTE employees: * 19,000[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-8006-0-7-651, p. 1080; and U.S. Social Security Administration. [A] Data include overtime converted into FTEs. [End of table] Table 44: Foreign Service Retirement and Disability Fund: Administering organization: Bureau of Human Resources, Personnel Retirement Division, U.S. Department of State. Insurance description: The insurance pays retirement and disability benefits to foreign service officers and their survivors. Various departments and agencies employ these officers, including the Departments of State, Agriculture, and Commerce as well as the Peace Corps and U.S. Agency for International Development. Foreign Service retirement benefits are paid under two plans, the Foreign Service Retirement and Disability System, which is equivalent to the Civil Service Retirement System, and the Foreign Service Pension System, which is equivalent to the Federal Employees Retirement System. Under the defined benefit provisions of these pension plans, participants earn a retirement annuity based on participant and employer contributions and participant salary and years of service. About 14,600 beneficiaries received $623 million in fiscal year 2003. Funding source(s): * Employee withholdings, employing agencies' contributions, appropriations, and interest on investments. Total outlays (gross): * $623 million. Obligated balance: * $0. Unobligated balance: * $12,300 million. Number of FTE employees: * 30 and 5 contractors. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 19-8186-0-7-602, pp. 747-748; and U.S. Department of State. [End of table] Table 45: Judicial Officers' Retirement Fund: Administering organization: Administrative Office of the U.S. Courts. Insurance description: This trust fund pays the retirement annuities of U.S. bankruptcy and magistrate judges. Bankruptcy judges for a judicial district are appointed by the judges of the U.S. court of appeal for the circuit and exercise jurisdiction over bankruptcy matters. Magistrate judges are appointed by each U.S. district court and exercise jurisdiction over matters assigned by law and those delegated by the district judges. As of June 30, 2004, 157 active judges were enrolled in the program, and 216 retired judges were receiving retirement annuities. Funding source(s): * Appropriations. Total outlays (gross): * $22 million. Obligated balance: * $1 million. Unobligated balance: * $174 million. Number of FTE employees: * 4 as of June 30, 2004. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 10-8122-0-7-602, pp. 63-64; and Administrative Office of the U.S. Courts. [End of table] Table 46: Judicial Survivors' Annuities Fund: Administering organization: Administrative Office of the U.S. Courts. Insurance description: This trust fund pays annuities to the surviving widows and dependent children of judicial officers, including survivors of justices and judges of the U.S. Courts; full time bankruptcy and magistrate judges; the administrative assistant to the Chief Justice of the Supreme Court; and the directors of the Federal Judicial Center and Administrative Office of the U.S. Courts. As of June 30, 2004, 1,488 judicial officers were participating in the program, and 294 survivors of participants were receiving benefits. Funding source(s): * Investment earnings, withholdings from salaries, and federal payments. Total outlays (gross): * $16 million. Obligated balance: * $2 million. Unobligated balance: * $418 million. Number of FTE employees: * 3 as of June 30, 2004. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 10-8110-0-7-602, p. 64; and Administrative Office of the U.S. Courts. [End of table] Table 47: Military Retirement Fund: Administering organization: U.S. Department of Defense. Insurance description: The fund finances a defined benefit pension plan for military personnel who have retired with at least 20 years of service or who were disabled in combat. Retirees can also make elective contributions so that upon their death a surviving spouse or dependents can continue to receive survivor benefits. At the end of fiscal year 2003, about 1.722 million retirees and 265,000 surviving families were covered by the fund. Funding source(s): * U.S. Treasury general fund, agency contributions, and investment income. Total outlays (gross): * $35,568 million. Obligated balance: * $2,963 million. Unobligated balance: * $0. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 197-8097-0-7-602, pp. 927-928; and U.S. Department of Defense. [End of table] Table 48: Pension Benefits (Veterans): Administering organization: U.S. Department of Veterans Affairs. Insurance description: The account funds pensions for certain veterans or their survivors. Veterans are entitled to benefits if they were on active duty for 90 days or more during a designated war period, sustained permanent and total disabilities, and have income below a certain level. The disability requirement does not apply to certain survivors or to veterans that are at least 65 years old. A separate account funds administrative expenses. Funding source(s): * Appropriations. Total outlays (gross): * $3,229 million (benefits); * $149 million (administrative). Obligated balance: * $264 million. Unobligated balance: * $65 million. Number of FTE employees: * 827. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification codes 36-0154-0-1-701 (benefits) and 36- 0143-0-1-701(administrative), pp. 883-884; and U.S. Department of Veterans Affairs. [End of table] Table 49: Railroad Industry Pension Fund: Administering organization: U.S. Railroad Retirement Board. Insurance description: The fund provides income protection during old age and in the event of disability, sickness, or death to: (1) railroad workers who retire because of age or disability; (2) eligible spouses and divorced spouses of retired employees; and (3) surviving widow(er)s, remarried widow(er)s, surviving divorced spouses, children, and dependent parents of deceased employees. The fund paid benefits to 666,200 individuals in fiscal year 2003. Funding source(s): * Appropriations; employer and employee payroll taxes; transfers from the Railroad Retirement Account, the Social Security Equivalent Benefit Account, and the Dual Benefits Payments Account; and investment income. Total outlays (gross): * $21,437 million[A]. Obligated balance: * $301 million. Unobligated balance: * $206 million. Number of FTE employees: * 909. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 60-8011-0-7-601, pp. 1178-1179; and U.S. Railroad Retirement Board. [A] Total outlays (gross) includes $17,750 million in transfers to the National Railroad Retirement Investment Trust and excludes outlays for the Social Security Equivalent Benefit Account and Dual Benefits Payments Account. [End of table] Table 50: Retired Pay (U.S. Coast Guard): Administering organization: U.S. Coast Guard, U.S. Department of Homeland Security. Insurance description: The account funds retirement pay for military personnel of the U.S. Coast Guard and Coast Guard Reserve and members of the former Lighthouse Service. It also provides an annuity for survivors of Coast Guard retirees who elect to participate in the related plan. Additionally, it funds payments for the medical care of retired personnel and their dependents. In fiscal year 2003, the account paid $832 million in benefits: $667 million in retirement benefits to regular military personnel, $45 million in retirement benefits to reserve personnel, $16 million in survivor benefits, and $104 million in medical care benefits to retirees and their dependents. At the end of the fiscal year, 35,000 personnel were eligible for the account's retirement pay benefits. Funding source(s): * Appropriations. Outlays: * $812 million. Obligated balance: * $141 million. Unobligated balance: * $0. Number of FTE employees: * 0. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 70-0602-0-1-403, pp. 492-493; and U.S. Department of Homeland Security. [End of table] Table 51: Retirement Pay and Medical Benefits for Commissioned Officers (Public Health Service): Administering organization: U.S. Public Health Service, U.S. Department of Health and Human Services. Insurance description: The account funds medical, dental, disability, and retirement pay and benefits for retired Public Health Service commissioned officers. It also provides payments and medical benefits to survivors of deceased officers and medical benefits to dependents and beneficiaries. In fiscal year 2003, the account paid $291 million in benefits: $214 million for retirement benefits, $13 million for survivor benefits, and $64 million for medical care benefits to about 33,000 beneficiaries. Funding source(s): * Appropriations. Total outlays (gross): * $305 million. Obligated balance: * $30 million. Unobligated balance: * $0. Number of FTE employees: * 8 FTEs, 3 consultants, and 2 temporary contractors. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 75-0379-0-1-551, p. 463; and U.S. Department of Health and Human Services. [End of table] Table 52: Special Benefits for Certain World War II Veterans: Administering organization: U.S. Social Security Administration. Insurance description: This account funds social security benefits for certain World War II veterans who meet program eligibility criteria. Those eligible for program benefits include individuals who: (1) were at least 65 years old as of December 14, 1999 and reside outside the United States; (2) were in the U.S. military during World War II, including veterans who were in the Filipino Army and Filipino Scouts; and (3) were eligible for Supplemental Security Income for the month of December 1999 and meet other requirements. Funding source(s): * Appropriations and state supplement payments[A]. Total outlays (gross): * $9 million. Obligated balances: *-$1 million. UnObligated balances: * $0. Number of FTE employees: * 5. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 28-0401-0-1-701, pp. 1078-1079; and U.S. Social Security Administration. [A] California provides additional funds to the Social Security Administration for the benefit of the veterans receiving benefits under this insurance activity. [End of table] Table 53: United States Court of Federal Claims Judges' Retirement Fund: Administering organization: Administrative Office of the U.S. Courts. Insurance description: This trust fund pays the retirement annuities of U.S. Court of Federal Claims judges. The court's jurisdiction includes, among other things, most claims for money damages against the United States, disputes over federal contracts, federal contract bid protests, constitutional claims, and patent and copyright infringement. Three active and 13 retired judges were enrolled or receiving benefits as of June 30, 2004. Funding source(s): * Appropriations. Total outlays (gross): * $2 million. Obligated balance: * $0. Unobligated balance: * $11 million. Number of FTE employees: * Less than 1 as of June 30, 2004. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 10-8124-0-7-602, pp. 64-65; and Administrative Office of the U.S. Courts. Property Damage or Financial Loss Compensation (Tables 54-62): [End of table] Table 54: Agricultural Credit Insurance Program Account (Dairy Indemnity Program): Administering organization: Farm Service Agency, U.S. Department of Agriculture. Insurance description: The program compensates dairy farmers for milk or cows at fair market value when a regulatory agency (such as the departments of agriculture or public health in the various states) directs them to remove raw milk from the commercial market or to destroy their livestock because of contamination by certain pesticides, toxic substances, chemical residues, or nuclear radiation or fallout. The program also compensates manufacturers at fair market value for dairy products removed from the commercial market because of pesticide contamination. Funding source(s): * Appropriations. Total outlays (gross): * $393,000. Obligated balance: * $0. Unobligated balance: * $1 million. Number of FTE employees: * Less than 5. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 12-1140-0-1-351, p. 106-108; and U.S. Department of Agriculture. [End of table] Table 55: Animal and Plant Health Inspection Service (disease control compensation): Administering organization: Animal and Plant Health Inspection Service, U.S. Department of Agriculture. Insurance description: In addition to its primary purpose of funding activities designed to protect the nation's animal and plant resources from destructive pests and diseases, this account reimburses owners for the loss of animals that the agency determines are diseased and need to be destroyed. During fiscal year 2003, the agency reimbursed owners for the loss of animals or plants with, among other diseases, Tuberculosis (a contagious bacteria affecting both animals and humans), Exotic Newcastle (a contagious and fatal viral disease affecting all species of birds), Chronic Wasting Disease (a neurological illness affecting deer and elk), Spring Viremia of Carp (a contagious and potentially fatal viral disease of fish such as koi and carp) and with citrus canker (a disease affecting citrus growing plants). Funding source(s): * Transfers from Department of Agriculture's Commodity Credit Corporation. Total outlays (gross): * $98 million in agency reimbursements to owners[A]. Obligated balance: * Not applicable[B]. Unobligated balance: * Not applicable[C]. Number of FTE employees: * Not available[D]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 12-1600-0-1-352, pp. 87-89; and U.S. Department of Agriculture. [A] The $98 million in reimbursements to animal and plant owners is about 8 percent of the account's $1,153 million in total outlays (gross). [B] The obligated balance for the reimbursements for departmental activity related to destroyed animals is not reported separately from the Animal and Plant Health Inspection Service Salaries and Expenses account in the budget. [C] The Unobligated balance for the reimbursements for departmental activity related to destroyed animals is not reported separately from the Animal and Plant Health Inspection Service Salaries and Expenses account in the budget. [D] FTEs are not separately determined for reimbursements for departmental activity related to destroyed animals and plants. [End of table] Table 56: Check Forgery Insurance Fund: Administering organization: Financial Management Service, U.S. Department of the Treasury. Insurance description: This account funds the replacement of forged and stolen U.S. Treasury checks. Losses are incurred when the fund is unable to recover from parties responsible for the thefts or forgeries. In fiscal year 2003, total losses, gross were about $23 million of which $20 million were recovered and $3 million were unrecovered. Losses may be recovered through claims made against a forger or thief, or against the financial institution that negotiated the forged or stolen check. Funding source(s): * Appropriations and offsetting collections. Total outlays (gross): * $23 million. Obligated balance: * $1 million. Unobligated balance: * $8 million. Number of FTE employees: * Not available[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-4109-0-3-803, p. 847; and U.S. Department of the Treasury. [A] Staff are devoted to this activity part-time. [End of table] Table 57: Fishermen's Contingency Fund: Administering organization: National Oceanic and Atmospheric Administration, U.S. Department of Commerce. Insurance description: The account compensates U.S. commercial fishermen for damage and losses to their fishing equipment when debris from U.S. Outer Continental Shelf activities related to oil and gas exploration, development, or production damage fishing boats and related fishing gear. The fund also compensates fishermen for 50 percent of their gross economic loss when damage to boats and equipment prevents them from fishing or causes them to reduce their fishing efforts. Eighteen claims totaling $108,000 were paid in fiscal year 2003. Funding source(s): * Assessments on oil and gas companies operating on the Outer Continental Shelf and interest on invested balances, and funds recovered by the government by persons responsible for covered damages. Total outlays (gross): * $1 million. Obligated balance: * $0. Unobligated balance: * $1.25 million. Number of FTE employees: * 1. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 13-5120-0-2-376, pp. 222-223; and U.S. Department of Commerce. [End of table] Table 58: Homeowners Assistance Fund: Administering organization: U.S. Department of Defense. Insurance description: The account provides funds to reduce the financial hardship or loss to military, Coast Guard, and civilian personnel when Department of Defense base realignments or closures require them to relocate and dispose of their homes. Eligible personnel may be reimbursed for certain losses that result from the forced sale of their homes. In fiscal year 2003, homeowners made 110 claims and received $2.4 million in assistance. Funding source(s): * Appropriations and revenue from the sale of homes the Defense Department acquires as a result of base realignments or closures. Total outlays (gross): * $9 million. Obligated balance: * $1 million. Unobligated balance: * $18 million. Number of FTE employees: * 10. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 97-4090-0-3-051, pp. 309; and U.S. Department of Defense. [End of table] Table 59: National Endowment for the Arts (Arts and Artifacts Indemnity Program): Administering organization: Federal Council on the Arts and Humanities. Insurance description: The program provides insurance coverage for losses or damages to artifacts in exhibitions from abroad while traveling in the United States. Such exhibits include artwork, artifacts, or rare documents with educational, cultural, historical, or scientific value that are certified by the U.S. Department of State as being in the national interest. The exhibits may come from foreign state and private museums, and private collections. Any domestic museum that seeks to bring an exhibit into the United States from abroad may apply for coverage of up $600 million. Total coverage of all exhibits under the program at any given time may not exceed $8 billion. By making this insurance coverage available, the program seeks to provide U.S. citizens an opportunity to see exhibits from abroad. At the end of fiscal year 2003, the program had $4.98 billion in insurance in force on 33 exhibitions that if obtained commercially would have cost exhibitors an estimated $13.3 million in premiums. Funding source(s): * Special appropriations that cover claims; * Administrative expenses that are absorbed by the National Endowment for the Arts. Total outlays (gross): * $104,700 for two claims since the program began in 1975; * $100,000 annually in administrative costs. Obligated balance: * $0. Unobligated balance: * $0. Number of FTE employees: * 1. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 59-0100-0-1-503, pp. 1159-1160; and Federal Council on the Arts and Humanities. [End of table] Table 60: Oil Spill Liability Trust Fund: Administering organization: National Pollution Funds Center, U.S. Coast Guard, U.S. Department of Homeland Security. Insurance description: The insurance pays valid claims from parties damaged by oil spills in navigable waters and from onshore production and storage facilities when a responsible party does not pay. The damage must have occurred after August 17, 1990. Costs and damages covered by the fund include uncompensated oil removal costs, damages to natural resources, damages to real or personal property, loss of subsistence, loss of government revenues, and increased costs of public services. Any individual, corporation, or state or local government can present a claim for uncompensated removal costs or damages. The account paid $50 million to remove 551 oil spills and $24 million to settle 255 claims in fiscal year 2003. During the same period, over 19,000 vessels and over 1,100 operating companies were regulated through the National Pollution Funds Center. Funding source(s): * Fines and penalties, cost recoveries, and interest on investments. Total outlays (gross): * $76 million. Obligated balance: * $123 million. Unobligated balance: * $31 million. Number of FTE employees: * Not available[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 70-8185-0-7-304, p. 495; and U.S. Department of Homeland Security. [A] The National Pollution Funds Center office had 112 FTEs that administered this and other activities. [End of table] Table 61: Postal Service Fund (Domestic and Foreign Mail Indemnity Claim Fund): Administering organization: U.S. Postal Service. Insurance description: In addition to its primary purpose of funding various postal activities, the fund supports the activities of the U.S. Postal Service Domestic and Foreign Mail Indemnity Program, under which postal customers can purchase up to $5,000 of insurance against loss or damage to mailed items. During fiscal year 2003, the U.S. Postal Service processed approximately 270,000 mail indemnity claims. Funding source(s): * Fees collected from customers. Total outlays (gross): * $24 million for claims[A]. Obligated balance: * Not available[B]. Unobligated balance: * Not available[C]. Number of FTE employees: * 27 for claims over $50[D]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 18-4020-0-3-372, pp. 1174-1176; and U.S. Postal Service. [A] Total outlays (gross) are for the Domestic And Foreign Mail Indemnity Program and not for the entire account. [B] The obligated balance for the Domestic and Foreign Mail Indemnity Program is not reported separately from the postal service fund account in the budget and is, therefore, not available. [C] The Unobligated balance for the Domestic And Foreign Mail Indemnity Program is not reported separately from The Postal Service Fund account in the budget and is, therefore, not available. [D] Claims for losses or damages of $50 or less are typically processed and resolved at the windows of the thousands of local post offices throughout the country. The local post offices do not maintain records of the amount of staff time spent processing such claims. [End of table] Table 62: Surety Bond Guarantees Revolving Fund: Administering organization: U.S. Small Business Administration. Insurance description: The fund provides bond guarantees of up to $2 million to surety companies that enter into construction, service, and supply contracts with contractors that cannot obtain surety bonds through regular commercial channels or otherwise compete in the contracting industry due to such factors as size or newness to the industry. Contractors must meet the surety's bonding qualifications and qualify as a small business. The program will reimburse surety companies up to 90 percent of the losses they sustain if a contractor defaults. In fiscal year 2003, 25 surety companies received bond guarantees. Funding source(s): * Fees from surety companies, recoveries from defaulting contractors, and appropriations. Total outlays (gross): * $9 million. Obligated balance: * $0. Unobligated balance: * $23 million. Number of FTE employees: * 25. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 73-4156-0-3-376, p. 1068; and U.S. Small Business Administration. [End of table] Natural Disaster Compensation (Tables 63-65): Table 63: Farm Service Agency Salaries and Expenses (Non-Insured Crop Disaster Assistance Program): Administering organization: Farm Service Agency, U.S. Department of Agriculture. Insurance description: The account provides crop loss protection to producers of crops (of food or fiber) that are not insurable and for which catastrophic natural disaster insurance is unavailable. To be eligible for coverage, among other things, the natural disaster must occur before or during the harvest and must directly affect the crop. Eligible events include drought, tornados, hurricanes, earthquakes, and floods. Conditions related to these events may also be eligible for coverage such as disease or insect infestation. In fiscal year 2003, 63,932 producers were covered. Funding source(s): * Service fees and the Department of Agriculture, Commodity Credit Corporation. Total outlays (gross): * Not available. Obligated balance: * Not available. Unobligated balance: * Not available. Number of FTE employees: * Not available[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 12-0600-0-1-351, pp. 103-104; and U.S. Department of Agriculture. [A] Staff in 2,500 U.S. Department of Agriculture Service Centers in all 50 states provide fractional units of administrative time. [End of table] Table 64: Federal Crop Insurance Corporation Fund: Administering organization: Risk Management Agency, U.S. Department of Agriculture. Insurance description: The fund provides crop producers multi-peril and catastrophic crop insurance protection against losses from unavoidable natural events and market fluctuations. Under various insurance plans, producers of wheat, feed grains, soybeans, rice, cotton, and other crops receive protection against revenue losses resulting from low prices, poor yields, or a combination of both. Compensation is provided for losses up to a certain percentage of the expected market price or average crop yield. Premiums charged to producers are partially or fully subsidized, depending on the level of insurance protection obtained. At the end of crop year 2003, the program had $40,586 billion of insurance in force in 50 states and 3,067 counties. Funding source(s): * Premium income from farmers and appropriations. Total outlays (gross): * $4,087 million. Obligated balance: * $120 million. Unobligated balance: * $1,854 million. Number of FTE employees: * 568 ceiling. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 12-4085-0-3-351, p. 102; and U.S. Department of Agriculture. [End of table] Table 65: National Flood Insurance Fund: Administering organization: Mitigation Division, Federal Emergency Management Agency, U.S. Department of Homeland Security. Insurance description: The fund was created to, among other things, provide federally backed insurance to homeowners, renters, and business owners in flood-prone communities. In exchange for the insurance, eligible communities must adopt and enforce floodplain management ordinances intended to reduce future flood damage. Insurance coverage may be in amounts of up to $350,000 for residential buildings and $1 million for other types of buildings. At the end of fiscal year 2003, $662 billion of flood insurance was in force on 4.4 million policies, covering 20,000 communities. Premium income totaled $1.9 billion during the fiscal year. Funding source(s): * Premium and fee income, investment income, and authorization to borrow from the U.S. Treasury. Total outlays (gross): * $1,097 million. Obligated balance: * $615 million. Unobligated balance: * $1,440 million. Number of FTE employees: * 239. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 70-4236-0-4-453, p. 503; and U.S. Department of Homeland Security. [End of table] Political and War Risk Insurance (Tables 66-71): Table 66: Aviation Insurance Revolving Fund: Administering organization: Federal Aviation Administration, U.S. Department of Transportation. Insurance description: The insurance covers commercial aircraft that provide essential air service during extraordinary circumstances--such as war and other hostilities--when such insurance is unavailable commercially or under reasonable terms and conditions. The insurance also provides protection for U.S. aircraft used by the U.S. Departments of Defense and State in certain government contract operations. The Federal Aviation Administration provides war risk insurance for (1) aircraft hull loss and (2) passenger and third party liability for damage or destruction of property, personal injury, or death. The insurance covers civil aircraft operations losses above $50 million and up to $100 million. As of July 3, 2004, 115 policies were in force. No claims were made or paid in fiscal year 2003. Funding source(s): * Premiums and fees paid by commercial aircraft owners and income from investments in U.S. Treasury securities. Total outlays (gross): * $15 million. Obligated balance: * $5 million. Unobligated balance: * $218 million. Number of FTE employees: * 3. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 69-4120-0-3-402, pp. 768-769; and U.S. Department of Transportation. [End of table] Table 67: Fishermen's Guaranty Fund: Administering organization: U.S. Department of State. Insurance description: This fund compensates commercial fishermen for financial losses resulting from the seizure of their fishing vessels in a foreign country and for allowed resulting economic losses, including the loss of equipment, confiscation of catch, and loss of fishing time. No claims were filed or paid in fiscal year 2003. Funding source(s): * No funding requested or received for the fiscal year. Total outlays (gross): * $0. Obligated balance: * $0. Unobligated balance: * $3 million. Number of FTE employees: * Less than one. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 19-5121-0-2-376, p. 758-759; and U.S. Department of State. [End of table] Table 68: Fishermen's Protective Fund: Administering organization: U.S. Department of State. Insurance description: The fund provides financial compensation for losses to owners of fishing vessels by reimbursing them for fines, fees and other charges they incur to secure the release of their vessels and crews when seized by foreign governments. The fund does not cover seizures by countries at war with the United States or seizures that are in accordance with conventions or treaties between the United States and foreign governments. Funding source(s): * No funding in fiscal year 2003 and no new budget authority requested for fiscal years 2004 and 2005. Total outlays (gross): * $0. Obligated balance: * $0. Unobligated balance: * $1 million. Number of FTE employees: * Less than one. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 19-5121-0-2-376, p. 758-759; and U.S. Department of State. [End of table] Table 69: Overseas Private Investment Corporation Noncredit Account: Administering organization: Overseas Private Investment Corporation. Insurance description: This account funds political risk insurance for U.S. investors, contractors, exporters, and financial institutions involved in international transactions. The insurance provides protection against asset losses resulting from, among other things, (1) deterioration of a developing country's currency relative to the U.S. dollar that could impede an investor's ability to transfer profits and meet debt obligations; (2) nationalization, confiscation, or expropriation of investments by a foreign government; and (3) war, revolution, insurrection, terrorism, or political strife. The insurance generally covers 90 percent of an investment for up to 20 years. At the end of fiscal year 2003, the program had $11.9 billion of insurance in force, which was about 41 percent of the statutory limit of $29 billion. The program has paid about $1 billion in claims since its origination in 1949. Funding source(s): * Income from political risk insurance premiums and interest income from U.S. Treasury securities and loans. Total outlays (gross): * $76 million. Obligated balance: * $63 million. Unobligated balance: * $3,608 million. Number of FTE employees: * 23[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 71-4184-0-3-151, pp. 1012-1013; and Overseas Private Investment Corporation. [A] The 23 FTEs reported are less than half of the total FTEs for fiscal year 2003 when indirect FTEs are included. [End of table] Table 70: Terrorism Insurance Program: Administering organization: Terrorism Risk Insurance Office, U.S. Department of the Treasury. Insurance description: Through this insurance the federal government, insurers, and policyholders share the risk of property and casualty losses resulting from terrorist acts. Coverage is for fiscal years 2003 through 2005 and is limited to foreign-related terrorist acts, as defined by law, that result in more than $5 million of property and casualty insurance losses. Under the enacting legislation, generally all insurers must offer coverage (1) to any person or entity that purchases commercial property and casualty insurance coverage within the United States, and (2) for U.S. air carriers and maritime vessels operating outside the United States. If an act of terrorism occurs, the federal government's share is 90 percent of the insured losses that are in excess of an insurer's deductible, with overall insured loss payments subject to an aggregate annual cap of $100 billion. While no upfront charge is made for the federal government's reinsurance-type coverage under the program, the federal government has mandatory and discretionary authority to recoup the federal share of compensation through subsequent policyholder surcharges. Funding source(s): * Permanent indefinite appropriation[A]. Total outlays (gross): * $564,000. Obligated balance: * $3.5 million. Unobligated balance: * $4.9 million. Number of FTE employees: * 8. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-0123-0-1-376, p. 832; and U.S. Department of the Treasury. [A] The legislation provides for the mandatory and discretionary recoupment of the federal share of compensation for insured losses through prospective policyholder surcharges, not to exceed 3 percent of the premium charged for the policy's property and casualty coverage, and for the remittance of the surcharges to the Secretary of the Department of the Treasury. [End of table] Table 71: War Risk Insurance Revolving Fund: Administering organization: Maritime Administration, U.S. Department of Transportation. Insurance description: The insurance protects against wartime damage to or loss of, among other things, shipping vessels and their cargo. It also covers the death or injury of vessel crew. The goal of the insurance is to preserve the regular flow of commerce and the availability of merchant vessels for national defense when commercial insurance cannot be obtained on reasonable terms and conditions. When damage or loss occurs, the Maritime Administration initially pays claims, but is then reimbursed by the Department of Defense. In fiscal year 2003, 97 policies were issued. Between September 28, 2001, and April 1, 2004, 315 policies were in force, covering $10 billion in risk. Funding source(s); Premiums, fees, and investment income. Total outlays (gross); $50,000. Obligated balance; $0. Unobligated balance; $37 million. Number of FTE employees; 2. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 69-4302-0-3-403, p. 815; and U.S. Department of Transportation. [End of table] [End of section] Enclosure III: Federal Deposit Insurance, Pension Insurance, and Loan Guarantees: This enclosure lists 64 federal deposit insurance, pension insurance, and loan guarantee activities that, like the activities included in enclosure II, provide federal insurance to entities other than the federal government. The enclosure also provides a description of each of these three categories of insurance, with the activities listed alphabetically under each category by administering organization. We have also included certain quantitative data to provide a perspective on relative size and activity level, including outlays, obligated balances, and Unobligated balances for federal deposit insurance and pension insurance and federally guaranteed amounts outstanding for federal loan guarantees. Federal Deposit and Pension Insurance: Federal deposit insurance protects individual depositors from financial loss should the depository institutions holding their deposits fail. The protection is capped at a maximum dollar amount per individual account and covers deposits in commercial banks, savings associations (thrifts), and most credit unions. Federal deposit insurance is intended to promote U.S. financial stability and prevent bank failures from causing widespread disruption in the financial markets. Federal deposit insurance activities are funded primarily by assessments collected from financial institutions with federal deposit insurance and investment income. Table 72 below provides data on the four federal deposit insurance accounts, three of which are administered by the Federal Deposit Insurance Corporation and one by the National Credit Union Administration. Pension insurance protects pensioners against loss of benefits if their private sector defined benefit pension plans are terminated or unable to pay benefits. Employers provide defined benefit pension plans and commit to paying employees a specific benefit for life, typically through annuities. Pension plans are sometimes unable to pay benefits if employers underfund them or become insolvent. The federal government provides pension insurance through the Pension Benefit Guaranty Corporation, which covers millions of workers and retirees participating in private sector pension plans. As shown in table 72, the insurance activities of the Pension Benefit Guaranty Corporation are funded through trust funds established in the Pension Benefit Guaranty Corporation Fund, which is administered by the Department of Labor. The account is funded primarily by investment income, appropriations, and premiums collected from employers whose pension plans are insured. Table 72: Federal Deposit Insurance and Federal Pension Insurance Agencies and Accounts, Fiscal Year 2003: (Dollars in millions). Federal Deposit Insurance Accounts: Federal Deposit Insurance Corporation: Bank Insurance Fund; Outlays: $2,487; Obligated balance: $31,262; Unobligated balance: $37. Federal Deposit Insurance Corporation: Federal Savings and Loan Insurance Corporation Resolution Fund; Outlays: $504; Obligated balance: $3,268; Unobligated balance: $2. Federal Deposit Insurance Corporation: Savings Association Insurance Fund; Outlays: $371; Obligated balance: $11,505; Unobligated balance: $4. National Credit Union Administration: National Credit Union Share Insurance Fund; Outlays: $72; Obligated balance: $6,081; Unobligated balance: ($277). Federal Pension Insurance Account: U.S. Department of Labor: Pension Benefit Guaranty Corporation Fund; Outlays: $2,529; Obligated balance: $12,219; Unobligated balance: $98. Source: Appendix, Budget of the United States Government, Fiscal Year 2005. [End of table] Federal Loan Guarantees: Federal loan guarantees are intended to reduce the price and increase the availability of credit for particular uses. These agreements involve three parties--a lender, a borrower, and the federal government as guarantor. The lender agrees to provide a loan to the borrower if the federal government agrees to repay a portion or all of the loan should the borrower default. Federal loan guarantees are often funded by fees collected from borrowers and lenders, although many are also funded fully or partially by appropriations. According to the Congressional Budget Office, more than two-thirds of the $365 billion in new loans the federal government guaranteed in fiscal year 2003 were for home mortgages. Other loan guarantees went to companies in specific sectors, such as the airline, steel, oil, and gas industries. We identified 59 federally guaranteed loan activities with aggregate federally guaranteed amounts outstanding of at least $834 billion at the end of fiscal year 2003 (table 73). Many of these activities have up to three accounts associated with them--a liquidating, financing, and/or program account. Government cash flows for loan guarantees may be recorded either in liquidating accounts or financing accounts, depending on whether the guarantees were made before, or on or after October 1, 1991, respectively. Program accounts are used to record federal administrative and subsidy costs associated with loan guarantees made after 1991. In the table below, we did not separately list each of the accounts associated with the 59 activities. Rather, when more than one account existed, we listed the activity itself and presented the aggregated financial data as appropriate. Table 73: Federal Guaranteed Loan Activity: Federal Entity: U.S. Agency for International Development: Name of the Federal Guaranteed Loan Activity: 1. Development Credit Authority Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $28. Name of the Federal Guaranteed Loan Activity: 2. Housing and Other Credit Guaranty Programs; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $1,361. Name of the Federal Guaranteed Loan Activity: 3. U.S. Agency for International Development: Loan Guarantees to Israel Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $10,789. Name of the Federal Guaranteed Loan Activity: 4. Microenterprise and Small Enterprise Development Guaranteed Loans; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $25. Name of the Federal Guaranteed Loan Activity: 5. Urban and Environmental Credit Program Guaranteed Loans; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $540. Federal Entity: Export-Import Bank of the United States: Name of the Federal Guaranteed Loan Activity: 6. Export-Import Bank Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $33,502. Federal Entity: International Security Assistance: Name of the Federal Guaranteed Loan Activity: 7. Foreign Military Loan Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $3,146. Name of the Federal Guaranteed Loan Activity: 8. International Security Assistance Economic Support Fund; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): N.A.[A]. Federal Entity: Overseas Private Investment Corporation: Name of the Federal Guaranteed Loan Activity: 9. Overseas Private Investment Corporation Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $3,119. Federal Entity: Presidio Trust: Name of the Federal Guaranteed Loan Activity: 10. Presidio Trust Fund; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): N.A.[A]. Name of the Federal Guaranteed Loan Activity: 11. Presidio Trust Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $0. Federal Entity: U.S. Small Business Administration: Name of the Federal Guaranteed Loan Activity: 12. Business Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $51,525. Name of the Federal Guaranteed Loan Activity: 13. Business Loan Fund Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $666. Name of the Federal Guaranteed Loan Activity: 14. Disaster Loan Fund Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): N.A.[A]. Name of the Federal Guaranteed Loan Activity: 15. Pollution Control Equipment Fund; Federal Entity: Federally guaranteed amount outstanding at fiscal year- end 2003 (dollars in millions): U.S. Agency for International Development: $8. Federal Entity: U.S. Department of Agriculture: Name of the Federal Guaranteed Loan Activity: 16. Agricultural Credit Insurance Fund Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $9,301. Name of the Federal Guaranteed Loan Activity: 17. Agricultural Resource Conservation Demonstration Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $12. Name of the Federal Guaranteed Loan Activity: 18. Commodity Credit Corporation Export Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $3,656. Name of the Federal Guaranteed Loan Activity: 19. Local Television Loan Guarantee Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $0. Name of the Federal Guaranteed Loan Activity: 20. Rural Business and Industry Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $3,226. Name of the Federal Guaranteed Loan Activity: 21. Rural Business Investment Program Guarantee Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): N.A.[A]. Name of the Federal Guaranteed Loan Activity: 22. Rural Communication Development Fund Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $4. Name of the Federal Guaranteed Loan Activity: 23. Rural Community Advancement Program; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): N.A.[A]. Name of the Federal Guaranteed Loan Activity: 24. Rural Community Facility Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $373. Name of the Federal Guaranteed Loan Activity: 25. Rural Development Insurance Fund Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $46. Name of the Federal Guaranteed Loan Activity: 26. Rural Electrification and Telecommunication Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $516. Name of the Federal Guaranteed Loan Activity: 27. Rural Housing Insurance Fund Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $12,088. Name of the Federal Guaranteed Loan Activity: 28. Rural Water and Waste Disposal Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $29. Federal Entity: U.S. Department of Commerce: Name of the Federal Guaranteed Loan Activity: 29. Economic Development Revolving Fund Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): N.A.[A]. Name of the Federal Guaranteed Loan Activity: 30. Emergency Oil and Gas Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $2. Name of the Federal Guaranteed Loan Activity: 31. Emergency Steel Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $156. Name of the Federal Guaranteed Loan Activity: 32. Federal Ship Financing Fund Fishing Vessels Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $23. Name of the Federal Guaranteed Loan Activity: 33. Fisheries Finance Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $32. Federal Entity: U.S. Department of Defense: Name of the Federal Guaranteed Loan Activity: 34. Arms Initiative Guaranteed Loan Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $24. Name of the Federal Guaranteed Loan Activity: 35. Defense Export Loan Guarantee Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $0. Name of the Federal Guaranteed Loan Activity: 36. Family Housing Improvement Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $389. Federal Entity: U.S. Department of Education: Name of the Federal Guaranteed Loan Activity: 37. Federal Family Education Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $81,448. Name of the Federal Guaranteed Loan Activity: 38. Federal Student Loan Reserve Fund; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $0. Federal Entity: U.S. Department of Health and Human Services: Name of the Federal Guaranteed Loan Activity: 39. Health Center Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $8. Name of the Federal Guaranteed Loan Activity: 40. Health Education Assistance Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $2,345. Name of the Federal Guaranteed Loan Activity: 41. Health Maintenance Organization Loan and Loan Guarantee Fund; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $0. Name of the Federal Guaranteed Loan Activity: 42. Medical Facilities Guarantee and Loan Fund; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $13. Federal Entity: U.S. Department of Housing and Urban Development: Name of the Federal Guaranteed Loan Activity: 43. Community Development Loan Guarantees Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $2,230. Name of the Federal Guaranteed Loan Activity: 44. FHA General and Special Risk Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $72,048. Name of the Federal Guaranteed Loan Activity: 45. FHA General and Special Risk Insurance Funds Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $17,070. Name of the Federal Guaranteed Loan Activity: 46. FHA-Loan Guarantee Recovery Fund Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $5. Name of the Federal Guaranteed Loan Activity: 47. FHA Mutual Mortgage and Cooperative Housing Insurance Funds Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $24,952. Name of the Federal Guaranteed Loan Activity: 48. FHA Mutual Mortgage Insurance Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $382,234. Name of the Federal Guaranteed Loan Activity: 49. Indian Federal Guarantees Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $71. Name of the Federal Guaranteed Loan Activity: 50. Indian Housing Loan Guarantee Fund Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $61. Name of the Federal Guaranteed Loan Activity: 51. Low-Rent Public Housing--Loans; Federal Entity: Federally guaranteed amount outstanding at fiscal year- end 2003 (dollars in millions): U.S. Agency for International Development: $1,916. Name of the Federal Guaranteed Loan Activity: 52. Native Hawaiian Housing Loan Guarantee Fund; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $0. Federal Entity: U.S. Department of the Interior: Name of the Federal Guaranteed Loan Activity: 53. Indian Guaranteed Loan Accounts; Federal Entity: Federally guaranteed amount outstanding at fiscal year- end 2003 (dollars in millions): U.S. Agency for International Development: $274. Name of the Federal Guaranteed Loan Activity: 54. Indian Loan Guaranty and Insurance Fund Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $13. Federal Entity: U.S. Department of Transportation: Name of the Federal Guaranteed Loan Activity: 55. Federal Ship Financing Fund Liquidating Account; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $78. Name of the Federal Guaranteed Loan Activity: 56. Maritime Guaranteed Loan Title XI Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $3,465. Name of the Federal Guaranteed Loan Activity: 57. Minority Business Resource Center Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $7. Federal Entity: U.S. Department of the Treasury: Name of the Federal Guaranteed Loan Activity: 58. Air Transportation Stabilization Guaranteed Loan Accounts; Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $1,473. Federal Entity: U.S. Department of Veterans Affairs: Name of the Federal Guaranteed Loan Activity: 59. Housing Guaranteed Loan Accounts (Veterans); Federally guaranteed amount outstanding at fiscal year-end 2003 (dollars in millions): $110,109. Totals (dollars in millions): $834,406. Source: Appendix, Budget of the United States Government, Fiscal Year 2005. [A] Data are not available: [End of table] [End of section] Enclosure IV: Description of Accounts With Federal Self-Insurance Activity: This enclosure describes 22 federal self-insurance activities with outlays in fiscal year 2003. The activities involve expenditures for damages to government property and losses associated with litigation and claims, including compensation for employment discrimination. As we have noted, less information is generally available for these activities than for others we identified because the federal budget does not generally report them separately from activities related to the agency's overall mission or operations. We identify the activities in this enclosure by the name of the budget account that funds them. The information is from budget documents, agency officials, agency annual reports, and agency Websites. However, given the lack of detailed information in the budget, we obtained most of the quantitative data from agency officials. These data are for fiscal year 2003, unless otherwise indicated. The self-insurance activities in this enclosure are presented alphabetically by administering organization and include the following information: (1) administering organization(s), (2) insurance description, (3) outlays, and (4) number of full-time equivalent (FTE) employees. Agency for International Development (Table 74): [End of table] Table 74: Operating Expenses of the United States Agency for International Development: Administering organization: U.S. Agency for International Development. Insurance description: In addition to the account's primary purpose of funding the operations and salaries of the agency, the account pays insurance claims and legal settlements related to personal property loss or damage caused by foreign service personnel. For personal property claims, the federal government is liable for up to $40,000 per claim or up to $100,000 if the loss or damage occurred under emergency circumstances. The Secretary of State may waive the limitations under exceptional circumstances. Outlays: * Less than $1 million. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 72-1000-0-1-151, p. 1001; and U.S. Agency for International Development. Securities and Exchange Commission (Table 75): [End of table] Table 75: Securities and Exchange Commission, Salaries and Expenses: Administering organization: U.S. Securities and Exchange Commission. Insurance description: In addition to its primary purpose of funding the administration and enforcement of federal securities laws and maintaining fair, honest, and efficient markets, this account pays for insurance claims and indemnities, including claims filed against the Securities and Exchange Commission by its employees for damages from auto accidents and lawsuits. Outlays: * $948,000. Number of FTE employees: * 1-2. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 50-0100-0-1-376, pp. 1182-1183; and U.S. Securities and Exchange Commission. [End of table] Social Security Administration (Table 76): Table 76: Social Security Administration, Limitation on Administrative Expenses: Administering organization: U.S. Social Security Administration. Insurance description: In addition to its primary purpose of paying the expenses to administer benefit programs, including the Old Age and Survivors Insurance, Disability Insurance, and Supplemental Security Income programs, the account funds insurance claims and indemnities. These include annual payments to the Department of Labor for administering workers compensation claims for Social Security Administration employees and payment of attorney fees under the Equal Access to Justice Act.[A]. Outlays: * $20 million. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 28-8704-0-7-651, p. 1083; and U.S. Social Security Administration. [A] Codified at 5 U.S.C. § 504. [End of table] U.S. Department of Agriculture (Tables 77-79): Table 77: Capital Improvement and Maintenance: Administering organization: Forest Service, U.S. Department of Agriculture. Insurance description: In addition to its primary purpose of funding the construction, reconstruction, maintenance, and acquisition of Forest Service facilities, the account funds insurance claims and indemnities covering personal injuries to Forest Service employees, damage to or destruction of Forest Service vehicles or other property, and equal employment opportunity claims. Outlays: * Approximately $700,000 for insurance claims and indemnities. Number of FTE employees: * Approximately 20 for 3 accounts[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 12-1103-0-1-302, pp. 180-182; and U.S. Department of Agriculture. [A] The Department of Agriculture could not separately report the FTEs for the self-insurance activities of three accounts: (1) Forest Service, Capital Improvement and Maintenance; (2) Wildland Fire Management; and (3) National Forest System. [End of table] Table 78: Wildland Fire Management: Administering organization: Forest Service, U.S. Department of Agriculture. Insurance description: In addition to its primary purpose of funding U.S. Forest Service fire management and suppression efforts, the account funds insurance claims and indemnities covering personal injuries to Forest Service employees, damage to or destruction of Forest Service vehicles or other property, and equal employment opportunity claims. Outlays: * Approximately $700,000 for insurance claims and indemnities. Number of FTE employees: * Approximately 20 for 3 accounts[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 12-1115-0-1-302, pp. 184-186; and U.S. Department of Agriculture. [A] The Department of Agriculture could not separately report the FTEs for the self-insurance activities of three accounts: (1) Forest Service, Capital Improvement and Maintenance; (2) Wildland Fire Management; and (3) National Forest System. [End of table] Table 79: National Forest System: Administering organization: Forest Service, U.S. Department of Agriculture. Insurance description: In addition to its primary purpose of funding the Forest Service's expenses for managing, protecting, improving, and utilizing the national forest system, the account funds insurance claims and indemnities for personal injuries to Forest Service employees, damage to or destruction of Forest Service vehicles or other property, and equal employment opportunity claims. Outlays: * $1.7 million. Number of FTE employees: * Approximately 20 for 3 accounts[A]. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 12-1106-0-1-302, pp. 179-180; and U.S. Department of Agriculture. [A] The Department of Agriculture could not separately report the FTEs for the self-insurance activities of three accounts: (1) Forest Service, Capital Improvement and Maintenance; (2) Wildland Fire Management; and (3) National Forest System. [End of table] U.S. Department of Defense (Table 80): Table 80: Revolving Fund: Administering organization: U.S. Army Corps of Engineers, U.S. Department of Defense. Insurance description: In addition to its primary purpose of funding the acquisition, operation, and maintenance of plant and equipment used in Corps of Engineers civil works projects, the account provides resources for insurance claim and indemnity activities that cover, among other things, damage to and by Corps of Engineers' plant and equipment. The insurance is funded by premiums paid by users of the fund's assets. Fund users include civil works projects such as flood control and navigation projects that are serviced by fund assets. Assets include buildings, cranes, boats, and various types of vehicles. Outlays: * Approximately $633,000 for insurance claim and indemnity activities. Number of FTE employees: * Approximately 1. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 96-4902-0-4-301, pp. 917-918; and U.S. Department of Defense. [End of table] U.S. Department of Health and Human Services (Tables 81-82): Table 81: Food and Drug Administration, Salaries and Expenses: Administering organization: Food and Drug Administration, U.S. Department of Health and Human Services. Insurance description: In addition to its primary purpose of paying the salaries and operating expenses of the Food and Drug Administration, the account pays (1) claims submitted by Food and Drug Administration civilian employees for injuries, deaths, and property loss or damage associated with work-related duties and (2) settlements of claims under equal employment opportunity laws. The Food and Drug Administration had 9,691 civilian employees in fiscal year 2004. Outlays: * $2.8 million for claims and settlements. Number of FTE employees: * 2. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 75-9911-0-1-554, p. 422; and U.S. Department of Health and Human Services. [End of table] Table 82: Substance Abuse and Mental Health Services Administration: Administering organization: Substance Abuse and Mental Health Services Administration, Department of Health and Human Services. Insurance description: In addition to funding the account's primary purpose of helping people recover from substance abuse and mental illnesses, the account pays insurance claims and indemnities that include compensation for personal injury or death and attorney fees for claims under the Equal Access to Justice Act.[A] The fund paid about 76 claims in fiscal year 2003. Outlays: * $1.8 million for workers compensation, Equal Access to Justice Act, and other claims. Number of FTE employees: * Less than 1. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 75-1362-0-1-551, p. 440; and U.S. Department of Health and Human Services. [A] 5 U.S.C. § 504. [End of table] U.S. Department of Homeland Security (Tables 83-86): Table 83: Customs and Border Protection: Administering organization: Customs and Border Protection, U.S. Department of Homeland Security. Insurance description: U.S. Customs and Border Protection self-insures for obligations resulting from property damage that occurs during customs inspections. The agency pays up to $1,000 for each incident for which it is determined to be negligent or otherwise liable, subject to the provisions of the Federal Tort Claims Act[.A] Negligence would not be attributed to damages that are the necessary or unavoidable result of conducting an inspection but could be attributed to damages that are incidental to an inspection. For example, the agency would not be liable for damages to a car's gasoline tank that resulted from dismantling it to determine whether contraband was inside, but could be liable for damages to the car's brakes that occurred during the dismantling of the gas tank. About two hundred self-insurance payments were made in fiscal year 2003. The payments accounted for 0.1 percent of the account's total outlays (gross) of $5,294 million in fiscal year 2003. Outlays: * $600,000. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 70-0350-0-1-999, pp. 478-479; and U.S. Department of Homeland Security. [A] Ch. 753, Title IV, 60 Stat. 842 (Aug. 2, 1946) (current version codified in scattered sections of title 28, United States Code). [End of table] Table 84: Citizenship and Immigration Services: Administering organization: Citizenship and Immigration Services, U.S. Department of Homeland Security. Insurance description: In addition to its primary purpose of funding activities related to the legal immigration of people seeking to enter, reside, and/or work in the United States, the account funds insurance claim and indemnity activities that consist of paying equal employment opportunity and contractor claim settlements and related attorney fees. In fiscal year 2003, 3 equal employment opportunity claims, and 11 attorney fee awards were paid. Outlays: * $600,000 in fee payments. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 70-0300-0-1-751, pp. 474-475; and U.S. Department of Homeland Security. [End of table] Table 85: Federal Protective Service: Administering organization: Federal Protective Service, U.S. Department of Homeland Security. Insurance description: In addition to its primary purpose of providing funding for policing, securing, and insuring a safe environment for over 8,800 federal facilities nationwide, the account funds insurance claim and indemnity activity that consists of paying tort claims for damages caused by Federal Protective Service employees or equipment. The account provides coverage for all 1,453 Federal Protective Service employees. Outlays: * $115,047 for damage claims. Number of FTE employees: * Approximately 1. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 70-0542-0-1-804, pp. 482-483; and U.S. Department of Homeland Security. [End of table] Table 86: United States Coast Guard Operating Expenses: Administering organization: U.S. Coast Guard, U.S. Department of Homeland Security. Insurance description: In addition to its primary purpose of funding U.S. Coast Guard general operating and maintenance expenses, the account funds benefit payments to eligible military and civilian Coast Guard employees from the social insurance and federal retirement trust funds. The account also pays for settlements of equal employment opportunity claims. All 39,219 Coast Guard employees in fiscal year 2003 were covered by the insurance. Outlays: * $1.6 million in claims. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 70-0610-0-1-999, pp. 488-489; and U.S. Department of Homeland Security. [End of table] U.S. Department of Interior (Tables 87-88): Table 87: Resource Management: Administering organization: Fish and Wildlife Service, U.S. Department of the Interior. Insurance description: In addition to its primary purpose of funding the operations of the U.S. Fish and Wildlife Service, the account funds insurance claim and indemnity activities including vehicle tort, equal employment opportunity, and human resource claim settlements. In fiscal year 2003, 31 individuals received professional liability payments, 11 individuals or firms received indemnity or settlement claim payments, and about 35 individuals or insurance companies received vehicle tort claim payments. Outlays: * $533,048 for professional liability and indemnity or settlement claims. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 14-1611-0-1-302, pp. 602-603; and U.S. Department of the Interior. [End of table] Table 88: Natural Resource Damage Assessment Fund: Administering organization: Natural Resource Damage Assessment and Restoration Program Office, U.S. Department of the Interior. Insurance description: The account funds the restoration of natural resources entrusted to the Department of the Interior that have been injured as a result of oil spills or hazardous substance releases. Account activities include assessing the injury to natural resources and negotiating legal settlements or taking other legal actions against the responsible parties. Settlement funds are used to restore the injured resources at no expense to taxpayers. Outlays: * Not available. Number of FTE employees: * 4. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 14-1618-0-1-302, pp. 641-642; and U.S. Department of the Interior. [End of table] U.S. Department of Justice (Tables 89-90): Table 89: Drug Enforcement Administration, Salaries and Expenses: Administering organization: Drug Enforcement Administration, U.S. Department of Justice. Insurance description: In addition to its primary purpose of funding necessary expenses of the Drug Enforcement Administration, including salaries, training, and data processing and communications equipment, this account pays for property damages, agency adjudicated awards, litigated awards, and settlements. Examples include awards for cases filed under the Equal Access to Justice Act,[A] automobile repair expenses, and automobile collision damages. Claims of $2,500 or less are paid by the Drug Enforcement Administration, and claims of over $2,500 are paid by the Department of Treasury Judgment Fund. In fiscal year 2003, 235 claims were paid. Outlays: * $734,743 for Equal Access to Justice Act awards and property, auto repair, and auto collision damages. Number of FTE employees: * 11 employees spend part of their time on the account's insurance activities. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 15-110-0-1-751, p. 687; and U.S. Department of Justice. [A] 5 U.S.C. § 504. [End of table] Table 90: Federal Prison System: Administering organization: Federal Prison System, U.S. Department of Justice. Insurance description: In addition to its primary purpose of funding the administration, operation, and maintenance of federal penal and correctional institutions, this account pays insurance claims and indemnities, including those related to property damage, personal injury or death, attorney fees, and settlements and awards. Outlays: * Not available[A]. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 15-1060-0-1-753, pp. 689-691; and U.S. Department of Justice. [A] The account had $1.4 million in fiscal year 2003 obligations. [End of table] U.S. Department of Transportation (Table 91): Table 91: Vessel Operations Revolving Fund: Administering organization: Maritime Administration, U.S. Department of Transportation. Insurance description: In addition to its primary purpose of funding the operations and maintenance of Department of Transportation-owned merchant ships to meet shipping needs during national emergencies, the department self-insures the ships through this account. The account also pays claims resulting from sickness and/or personal injuries of the crew while serving on the vessels. Outlays: * Approximately $724,000 for 12 sickness and injury claims. Number of FTE employees: * Approximately 1. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 69-4303-0-3-403, p. 814; and U.S. Department of Transportation. [End of table] U.S. Department of the Treasury (Tables 92-95): Table 92: Claims, Judgments, and Relief Acts (Judgment Fund): Administering organization: Financial Management Service, U.S. Department of the Treasury. Insurance description: This fund was established to pay large judgments, awards or settlements for violations of certain federal laws by other federal agencies. The account exists to make prompt payments when federal agencies generally cannot finance large payments in the year that the judgments, awards, or settlements are required. The account also serves to reduce interest or other costs to the government that would otherwise accrue if payments were delayed until agency appropriations were available. Agencies are required to reimburse the judgment fund from their available appropriations. During fiscal years 2003, the fund incurred expenses of $1,010 million that included $718 million in court judgments and $290 million for claims in contract disputes that were administratively adjudicated. The fund also incurred claims for damages of about $2 million. Funding source(s): * Permanent indefinite appropriation. Outlays: * $1,091 million. Number of FTE employees: * 20. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-1895-0-1-808, p. 845: and U.S. Department of the Treasury. [End of table] Table 93: Processing, Assistance, and Management: Administering organization: Internal Revenue Service, U.S. Department of the Treasury. Insurance description: In addition to its primary purpose of providing funds for such activities as processing tax returns, assisting taxpayers, and issuing technical rulings, the account funds insurance claim and indemnity activities that consist of, among other things, indemnity payments; awards, judgments, and settlements, including those related to equal employment opportunity; attorney fees; and administrative relief of loss which represents authority to resolve a physical loss or deficiency. About 100-300 tort claims are paid annually. Outlays: * $1 million. Number of FTE employees: * Approximately 1. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-0912-0-1-803, pp. 856-857; and U.S. Department of the Treasury. [End of table] Table 94: Tax Law Enforcement: Administering organization: Internal Revenue Service, U.S. Department of the Treasury. Insurance description: In addition to its primary purpose of funding activities such as establishing tax liabilities, providing departmental litigation support, and conducting enforcement activities, the account funds insurance claim and indemnity activities that consist of, among other things, indemnity payments; awards, judgments and settlements, including those related to equal employment opportunity; attorney fees; and administrative relief of loss, which represents authority to resolve a physical loss or deficiency. About 100-300 tort claims are paid annually. Outlays: * $1 million. Number of FTE employees: * Approximately 1. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-0913-0-1-999, pp. 857-859; and U.S. Department of the Treasury. [End of table] Table 95: Payment of Government Losses in Shipment: Administering organization: U.S. Department of the Treasury. Insurance description: This account self-insures the federal government against losses that occur during shipments of valuable U.S. Government property such as coins, currency, and securities, and losses in connection with the redemption of U.S. savings bonds. The account also insures against certain losses regarding lost, damaged, or destroyed stamps, securities, obligations, or money incurred by the U.S. Postal Service while acting on behalf of the Treasury Department. The account pays approximately 150 claims annually. Funding source(s): * Appropriations. Outlays: * $1 million. Number of FTE employees: * Not available. Sources: Appendix, Budget of the United States Government, Fiscal Year 2005, account identification code 20-1710-0-1-803, p. 855; and U.S. Department of the Treasury. [End of table] [End of section] Enclosure V: Listing of All Accounts with Federal Insurance Activity: This enclosure lists the 157 federal insurance activities that are presented in enclosures II, III, and IV. The list is organized alphabetically by administering organization. Its purpose is to provide a perspective on the diversity of insurance activities that we identified and the 30 federal organizations that administer them. Administrative Office of the U.S. Courts: Judicial Officers' Retirement Fund: Judicial Survivors' Annuities Fund: United States Court of Federal Claims Judges' Retirement Fund: U.S. Agency for International Development: Development Credit Authority Guaranteed Loan Accounts: Housing and Other Credit Guaranty Programs: Loan Guarantees to Israel Accounts: Microenterprise and Small Enterprise Development Guaranteed Loans: Operating Expenses of the Agency for International Development (self- insurance): Urban and Environmental Credit Program Guaranteed Loans: U.S. Central Intelligence Agency: Central Intelligence Agency Retirement and Disability System Fund: Export-Import Bank of the United States: Export-Import Bank Guaranteed Loan Accounts: Federal Council on the Arts and Humanities: National Endowment for the Arts (Arts and Artifacts Indemnity Program): Federal Deposit Insurance Corporation: Bank Insurance Fund: FSLIC Resolution Fund: Savings Association Insurance Fund: International Security Assistance: Foreign Military Loan Liquidating Account: International Security Assistance Economic Support Fund: National Credit Union Administration: National Credit Union Share Insurance Fund: U.S. Office of Personnel Management: Civil Service Retirement and Disability Fund: Employees and Retired Employees Health Benefit Funds: Overseas Private Investment Corporation: Overseas Private Investment Corporation Guaranteed Loan Accounts: Overseas Private Investment Corporation Noncredit Account: Presidio Trust: Presidio Trust Fund: Presidio Trust Guaranteed Loan Accounts: U.S. Railroad Retirement Board: Railroad Industry Pension Fund: Railroad Unemployment Insurance Trust Fund: U.S. Securities and Exchange Commission: Securities and Exchange Commission, Salaries and Expenses (self- insurance): U.S. Small Business Administration: Business Guaranteed Loan Accounts: Business Loan Fund Liquidating Account: Disaster Loan Fund Liquidating Account: Pollution Control Equipment Fund: Surety Bond Guarantees Revolving Fund: U.S. Social Security Administration: Federal Disability Insurance Trust Fund: Federal Old Age and Survivors Insurance (Social Security): Social Security Administration, Limitation on Administrative Expenses (self-insurance): Special Benefits for Certain World War II Veterans: U.S. Department of Agriculture: Agricultural Credit Insurance Fund Guaranteed Loan Accounts: Agricultural Credit Insurance Program Account (Dairy Indemnity Program): Agricultural Resource Conservation Demonstration Guaranteed Loan Accounts: Animal and Plant Health Inspection Service (disease control compensation): Capital Improvement and Maintenance (self-insurance): Commodity Credit Corporation Export Guaranteed Loan Accounts Farm Service Agency Salaries and Expenses (Non-Insured Crop Disaster Assistance Program): Federal Crop Insurance Corporation Fund: Local Television Loan Guarantee Accounts: National Forest System (self-insurance): Rural Business and Industry Guaranteed Loan Accounts: Rural Business Investment Program Guarantee Accounts: Rural Communication Development Fund Liquidating Account: Rural Community Advancement Program: Rural Community Facility Guaranteed Loan Accounts: Rural Development Insurance Fund Liquidating Account: Rural Electrification and Telecommunication Guaranteed Loan Accounts: Rural Housing Insurance Fund Guaranteed Loan Accounts: Rural Water and Waste Disposal Guaranteed Loan Accounts: Wildland Fire Management (self-insurance): U.S. Department of Commerce: Economic Development Revolving Fund Liquidating Account: Emergency Oil and Gas Guaranteed Loan Accounts: Emergency Steel Guaranteed Loan Accounts: Federal Ship Financing Fund Fishing Vessels Liquidating Account: Fisheries Finance Guaranteed Loan Accounts: Fishermen's Contingency Fund: U.S. Department of Defense: Arms Initiative Guaranteed Loan Account: Defense Export Loan Guarantee Accounts: Family Housing Improvement Guaranteed Loan Accounts: Homeowners Assistance Fund: Military Personnel, Air Force (death gratuity): Military Personnel, Army (death gratuity): Military Personnel, Marine Corps (death gratuity): Military Personnel, Navy (death gratuity): Military Retirement Fund: National Guard Personnel, Air Force (death gratuity): National Guard Personnel, Army (death gratuity): Reserve Personnel, Air Force (death gratuity): Reserve Personnel, Army (death gratuity): Reserve Personnel, Marine Corps (death gratuity): Reserve Personnel, Navy (death gratuity): Revolving Fund (self-insurance): Uniformed Services Retiree Health Care Fund: U.S. Department of Education: Federal Family Education Loan Accounts: Federal Student Loan Reserve Fund: U.S. Department of Health and Human Services: Federal Hospital Insurance Trust Fund (Medicare Part A): Federal Supplementary Medical Insurance Trust Fund (Medicare Part B): Food and Drug Administration, Salaries and Expenses (self-insurance): Health Center Guaranteed Loan Accounts: Health Education Assistance Loan Accounts: Health Maintenance Organization Loan and Loan Guarantee Fund: Health Resources and Services General and Special Funds (Medical Malpractice Claims Fund): Medical Facilities Guarantee and Loan Fund: Payments to Health Care Trust Funds: Public Health and Social Services Emergency Fund (Smallpox Injury Compensation): Retirement Pay and Medical Benefits for Commissioned Officers (Public Health Service): State Children's Health Insurance Fund: Substance Abuse and Mental Health Services Administration (self- insurance): Transitional Drug Assistance, Federal Supplementary Medical Assistance Trust Fund: Vaccine Injury Compensation: Vaccine Injury Compensation Program Trust Fund: U.S. Department of Homeland Security: Customs and Border Protection (self-insurance): Citizenship and Immigration Services (self-insurance): Federal Protective Service (self-insurance): National Flood Insurance Fund: Oil Spill Liability Trust Fund: United States Coast Guard Operating Expenses (self-insurance): Retired Pay (U.S. Coast Guard): U.S. Department of Housing and Urban Development: Community Development Loan Guarantees Accounts: FHA General and Special Risk Guaranteed Loan Accounts: FHA General and Special Risk Insurance Funds Liquidating Account: FHA-Loan Guarantee Recovery Fund Accounts: FHA Mutual Mortgage and Cooperative Housing Insurance Funds Liquidating Account: FHA Mutual Mortgage Insurance Guaranteed Loan Accounts: Indian Federal Guarantees Accounts: Indian Housing Loan Guarantee Fund Accounts: Low-Rent Public Housing--Loans: Native Hawaiian Housing Loan Guarantee Fund: U.S. Department of the Interior: Indian Guaranteed Loan Accounts: Indian Loan Guaranty and Insurance Fund Liquidating Account: Natural Resource and Damage Assessment Fund (self-insurance): Resource Management (self-insurance): U.S. Department of Justice: Drug Enforcement Administration, Salaries and Expenses (self- insurance): Federal Prison System (self-insurance): Public Safety Officers' Benefits: U.S. Department of Labor: Black Lung Disability Trust Fund: Energy Employees Occupational Illness Compensation Fund: Pension Benefit Guaranty Corporation Fund--Multi-and Single-Employer Program: Special Benefits (Federal Employees): Special Benefits for Disabled Coal Miners: Special Workers' Compensation Expenses: Unemployment Trust Fund: U.S. Department of State: Fishermen's Guaranty Fund: Fishermen's Protective Fund: Foreign Service Retirement and Disability Fund: U.S. Department of Transportation: Aviation Insurance Revolving Fund: Federal Ship Financing Fund Liquidating Account: Maritime Guaranteed Loan Title XI Accounts: Minority Business Resource Center Guaranteed Loan Accounts: Vessel Operations Revolving Fund (self-insurance): War Risk Insurance Revolving Fund (maritime): U.S. Department of the Treasury: Air Transportation Stabilization Guaranteed Loan Accounts: Check Forgery Insurance Fund: Claims, Judgments, and Relief Acts (Judgment Fund, self-insurance): District of Columbia Federal Pension Liability Trust Fund (and Federal Supplemental District of Columbia Fund): District of Columbia Judicial Retirement and Survivors Annuity Fund: Processing, Assistance, and Management (self-insurance): Tax Law Enforcement (self-insurance): Payment of Government Losses in Shipment (self-insurance): Terrorism Insurance Program: U.S. Department of Veterans Affairs: Burial Benefits (Veterans): Disability Compensation Benefits (Veterans): Housing Guaranteed Loan Accounts: (Veterans) Insurance Benefits (Veterans Mortgage Life Insurance): National Service Life Insurance Fund (Veterans): Pension Benefits (Veterans): Service-Disabled Veterans Insurance Fund: United States Government Life Insurance Fund (Veterans): Veterans Reopened Insurance Fund: Veterans Special Life Insurance Fund: U.S. Postal Service: Postal Service Fund (Domestic and Foreign Mail Indemnity Claim Fund): [End of section] Enclosure VI: GAO Contacts and Staff Acknowledgments: GAO Contacts: Richard J. Hillman, (202) 512-9073; Lawrence D. Cluff, (202) 512-8023: Staff Acknowledgments: In addition to the individuals named above, Chris Bonham, Emily Chalmers, Marc Molino, Angela Pun, Carl Ramirez, Linda Rego, Steve Ruszczyk, Melvin Thomas, and Cecile Trop made key contributions to this report. FOOTNOTES [1] Insurance risk, as used in this report, is the exposure to potential net financial loss resulting from being required to make payments under the terms of an insurance program or activity. [2] The government's protection and obligation may extend to past events having potential adverse effects that are not immediately known. For example, coal miners exposed to coal dust and adverse mining conditions, whether before or after the creation of the Black Lung Disability program, are covered if they eventually develop black lung disease. [3] Insurance premiums are collected to cover the insurer's cost of providing insurance coverage. The premium is calculated by dividing the estimated potential loss associated with the activity during the period of coverage by the estimated size of the insured population, or risk pool. Therefore, the risk of loss to the insurer when a premium is charged is the risk of under-pricing the insurance premium. However, when a premium is not charged--as in the case of some federal insurance--the risk of loss is the entire potential loss associated with the insured activity. [4] Unlike the federal government, private insurers must determine whether the pool of potential policyholders is sufficiently large and diverse for pricing risk when deciding whether to offer insurance in a market. But unlike private insurers, the federal government typically considers not only financial profitability, but also the benefit to the public when deciding whether to offer federal insurance. Since the government has determined that providing insurance represents a "social good" the decision not to charge a full premium to insureds (or indeed any premium in some cases) can be viewed as a decision to spread the risk of loss across the entire population through the tax revenue. [5] Codified at 42 U.S.C. § 2210. [6] The Annual Financial Statement Instructions provide insurance companies guidance for preparing the statements that they submit to NAIC each year. [7] Codified at 15 U.S.C. § 6712(c).