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Office of Budget

Fiscal Year 2004 Performance and Accountability Report
Published November 15, 2004

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10. Liabilities Not Covered By Budgetary Resources

The total amount of VA liabilities not covered by budgetary resources was $929.5 billion and $959.6 billion as of September 30, 2004 and 2003, respectively, as shown in the following table.

Components of Unfunded Liabilities as of September 30,
2004 2003
* The actuarial estimate for workers' compensation provided by DOL was computed using interest rates of 4.88 percent for FY 2004 and 3.84 percent for FY 2003.
Workers' Compensation* $ 2,112 $ 2,239
Annual Leave 1,173 1,097
Judgment Fund 501 528
Environmental and Disposal 339 375
Accounts Payable - Canceled Appropriations 6 6
Veterans Compensation and Burial 924,800 954,800
Insurance 568 581
Total $ 929,499 $ 959,626