Home >Financials > 2009 Annual Report - The Challenge to Deliver > MANAGEMENT’S DISCUSSION ANDANALYSIS OF FINANCIAL CONDITIONAND RESULTS OF OPERATIONS > NET PERIODIC COSTS
Information about the net periodic costs for the CSRS and FERS pension plans, which is prepared by OPM, is as follows:
Components of Net Periodic Costs as calculated by OPM (9/30/08 latest actual data available) (dollars in billions)
Projected 2009
2008
CSRS
Actuarial Liability as of October 1
$204.1
$196.9
+ Expected Contributions*
0.5
– Expected Benefit Disbursements
(10.0)
(9.3))
+ Interest Expense
12.5
12.0
+ Total Actuarial Loss during FY
—
4.0
Actuarial Liability as of September 30
$207.1
FERS
$62.8
$55.1
3.4
3.1
(0.9)
(0.8)
3.6
1.8
$69.3
Total Actuarial Liability as of September 30
$276.4
$266.9
* Expected contribution for CSRS consists of employee contributions only. Expected contribution for FERS includes both employee and employer amounts.