Table 2
Trusteed pension funds: Revenue and expenditures
Trusteed pension funds: Revenue and expenditures
| |
Third quarter 2016 r |
Fourth quarter 2016 p |
Third quarter to fourth quarter 2016 |
| |
millions of dollars | millions of dollars |
% change |
| Total revenue |
45,550 |
56,662 |
24.4 |
| Revenue from contributions |
13,532 |
15,686 |
15.9 |
| Investment income |
11,137 |
17,740 |
59.3 |
| Net profit on sale of securities |
18,675 |
21,024 |
12.6 |
| Miscellaneous revenue |
1,862 |
1,780 |
-4.4 |
| Revenue, funds under $10 million |
345 |
432 |
25.2 |
| Total expenditures |
20,273 |
22,394 |
10.5 |
| Pension payments out of funds |
15,363 |
15,675 |
2.0 |
| Cost of pensions purchased |
228 |
148 |
-35.1 |
| Cash withdrawals |
2,033 |
2,249 |
10.6 |
| Administration costs |
1,409 |
1,872 |
32.9 |
| Net loss on sale of securities |
134 |
933 |
596.3 |
| Other expenditures |
972 |
1,358 |
39.7 |
| Expenditures, funds under $10 million |
134 |
159 |
18.7 |
| Net income |
25,277 |
34,268 |
35.6 |
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