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Home >Financials >
2009 Annual Report - The Challenge to Deliver >
NOTES TO THE FINANCIALSTATEMENTS > NOTE 11—RETIREMENT PROGRAMS > Expense Components
The following table lists the components of our total retirement expenses that are included in compensation and benefits expense in the Statements of Operations for 2009, 2008 and 2007.
Retirement Expense (dollars in millions)
|
2009 |
2008 |
2007 |
FERS
|
$2,962 |
$2,909 |
$2,771 |
Social Security
|
1,882 |
1,932 |
1,904 |
FERS Thrift Savings Plan
|
1,073 |
1,058 |
1,007 |
CSRS
|
— |
— |
52 |
Total Retirement Expense
|
$5,917 |
$5,899 |
$5,734 |
Employer cash contributions to retirement plans were $4,024 million in 2009, $3,936 million in 2008 and $3,889 million in 2007. These amounts do not include Social Security contribu-tions.
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