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Table 2 Trusteed pension funds: Revenue and expenditures
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| Second quarter 2008r | Third quarter 2008p | Second quarter to third quarter 2008 | |
|---|---|---|---|
| $ millions | % change | ||
| Total revenue | 22,899 | 17,048 | -25.6 |
| Revenue from contributions | 8,429 | 8,292 | -1.6 |
| Investment income | 11,153 | 7,573 | -32.1 |
| Net profit on sale of securities | 2,493 | 722 | -71.0 |
| Miscellaneous revenue | 679 | 330 | -51.4 |
| Revenue, funds under $10 million | 145 | 131 | -9.7 |
| Total expenditures | 15,787 | 22,805 | 44.5 |
| Pension payments out of funds | 9,269 | 9,809 | 5.8 |
| Cost of pensions purchased | 300 | 315 | 5.0 |
| Cash withdrawals | 1,669 | 1,889 | 13.2 |
| Administration costs | 751 | 770 | 2.5 |
| Net loss on sale of securities | 1,163 | 8,473 | 628.5 |
| Other expenditures | 2,104 | 830 | -60.6 |
| Expenditures, funds under $10 million | 531 | 718 | 35.2 |
