PLAN INVESTMENT FUND INC
NSAR-B, 2000-02-22
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<PAGE>      PAGE  1
000 B000000 12/31/1999
000 C000000 0000774412
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 PLAN INVESTMENT FUND
001 B000000 811-4379
001 C000000 3124406372
002 A000000 676 N. ST. CLAIR
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60611
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 PLAN INVESTMENT FUND - MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 PLAN INVESTMENT FUND - SHORT-TERM PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 PLAN INVESTMENT FUND - GOVERNMENT REPO PORTFO
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 BCS FINANCIAL SERVICES CORP.
010 C01AA01 CHICAGO
010 C02AA01 IL
010 C03AA01 60611
012 A00AA01 PFPC, INC.
012 B00AA01 85-1196
012 C01AA01 WILMINGTON
012 C02AA01 DE
012 C03AA01 19809
013 A00AA01 PRICEWATERHOUSECOOPERS
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
<PAGE>      PAGE  2
013 B04AA01 2962
015 A00AA01 PNC BANK, N.A.
015 B00AA01 C
015 C01AA01 PHILADELPHIA
015 C02AA01 PA
015 C03AA01 19103
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
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020 C000010      0
021  000000        0
022 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000001 13-5674085
022 C000001  15434090
022 D000001     69371
022 A000002 MORGAN STANLEY DEAN WITTER & COMPANY
022 B000002 13-2655998
022 C000002  13901164
022 D000002      6608
022 A000003 GOLDMAN SACHS & COMPANY
022 B000003 13-5108880
022 C000003  13735846
022 D000003     24145
022 A000004 GREENWICH CAPITAL MARKETS
022 B000004 00-0000000
022 C000004  10023000
022 D000004         0
022 A000005 LEHMAN GOVERNMENT SECURITIES INC.
022 B000005 00-0000000
022 C000005   5274000
022 D000005         0
022 A000006 LEHMAN BROTHERS INCORPORATED
022 B000006 13-2518466
022 C000006   4108445
022 D000006     14992
022 A000007 MORGAN (JP) SECURITIES, INC.
022 B000007 13-3224016
022 C000007   4032433
022 D000007         0
022 A000008 DEUTSCHE BANK SECURITIES, INC.
022 B000008 13-2730828
<PAGE>      PAGE  3
022 C000008   2938800
022 D000008         0
022 A000009 WARBURG DILLON READ, LLC
022 B000009 13-3340045
022 C000009   1222000
022 D000009         0
022 A000010 HSBC SECURITIES INCORPORATED
022 B000010 13-2650272
022 C000010    176265
022 D000010     71729
023 C000000   71412047
023 D000000     242516
026 A000000 N
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050  00AA00 N
051  00AA00 N
<PAGE>      PAGE  4
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
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054 I00AA00 N
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054 L00AA00 Y
054 M00AA00 Y
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080 A00AA00 FEDERAL INSURANCE CO.
080 C00AA00     1000
<PAGE>      PAGE  5
081 A00AA00 N
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008 B000101 A
008 C000101 801-13304
008 D010101 WILMINGTON
008 D020101 DE
008 D030101 19809
024  000100 Y
025 A000101 MORGAN (JP) SECURITIES, INC.
025 B000101 13-3224016
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025 B000102 13-2655998
025 C000102 D
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025 A000103 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
025 B000103 13-5674085
025 C000103 D
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
048 K010100  1000000
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055 A000100 N
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062 D000100  29.9
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062 I000100  16.7
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062 L000100  29.3
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070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 N
070 K020100 N
070 L010100 N
<PAGE>      PAGE  8
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
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<PAGE>      PAGE  9
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075 A000100   414514
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008 A000201 NEUBERGER & BERMAN
008 B000201 A
008 C000201 801-00000
008 D010201 NEW YORK
008 D020201 NY
008 D030201 10036
024  000200 Y
025 A000201 MORGAN STANLEY DEAN WITTER & CO.
025 B000201 13-2655998
025 C000201 D
025 D000201    2000
025 A000202 MERRILL LYNCH, PIERCE FENNER & SMITH, INC.
025 B000202 13-5674085
025 C000202 D
025 D000202    1000
<PAGE>      PAGE  10
025 A000203 GOLDMAN SACHS & CO.
025 B000203 13-5108880
025 C000203 D
025 D000203    2000
025 D000204       0
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045  000200 Y
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<PAGE>      PAGE  11
048 E020200 0.000
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048 K020200 0.100
055 A000200 N
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070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
<PAGE>      PAGE  12
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
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<PAGE>      PAGE  13
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008 A000301 BLACKROCK INSTITUTIONAL MANAGEMENT CORP.
008 B000301 A
008 C000301 801-13304
008 D010301 WILMINGTON
<PAGE>      PAGE  14
008 D020301 DE
008 D030301 19809
024  000300 Y
025 A000301 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
025 B000301 13-5674085
025 C000301 D
025 D000301   15000
025 A000302 MORGAN STANLEY & CO., INC.
025 B000302 13-2655998
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025 D000302    6600
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
070 C010300 N
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070 D020300 N
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070 F020300 N
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070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
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070 M020300 N
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070 N020300 N
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
074 Y000300        0
075 A000300   181736
075 B000300        0
076  000300     0.00
SIGNATURE   MARY JANE MALONEY
TITLE       MANAGER



<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000774412
<NAME> PLAN INVESTMENT FUND
<SERIES>
   <NUMBER> 01
   <NAME> MONEY MARKET PORTFOLIO

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               DEC-31-1999
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<INVESTMENTS-AT-VALUE>                       426071317
<RECEIVABLES>                                  1926484
<ASSETS-OTHER>                                   26764
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               428024565
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<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                            2004926
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<ACCUMULATED-NII-PRIOR>                              0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000774412
<NAME> PLAN INVESTMENT FUND
<SERIES>
   <NUMBER> 02
   <NAME> SHORT TERM PORTFOLIO

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<PERIOD-END>                               DEC-31-1999
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<INVESTMENTS-AT-VALUE>                        32654079
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000774412
<NAME> PLAN INVESTMENT FUND
<SERIES>
   <NUMBER> 03
   <NAME> GOVERNMENT/REPO PORTFOLIO

<S>                             <C>
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<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                        116592083
<INVESTMENTS-AT-VALUE>                       116592083
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<SHARES-COMMON-STOCK>                        102872801
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
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<NET-INVESTMENT-INCOME>                        9056869
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<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
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<SHARES-REINVESTED>                            2740565
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<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
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<OVERDIST-NET-GAINS-PRIOR>                           0
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<EXPENSE-RATIO>                                   0.10


</TABLE>


                        EXHIBIT INDEX


Exhibit A: Attachment to item 77B:
           Accountants report on internal control

- -------------------------------------------------------

Exhibit A:
Report of Independent Accountants

To the Participation Certificate Holders and
Trustees of Plan Investment Fund, Inc.

In planning and performing our audit of the financial
statements and financial highlights of the Government/REPO
Portfolio, Money Market Portfolio and Short-Term Portfolio of
Plan Investment Fund, Inc. (the "Fund") for the year ended
December 31, 1999, we considered its internal control,
including control activities for safeguarding securities, in
order to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and to
comply with the requirements of Form N-SAR, not to provide
assurance on internal control.

The management of the Fund is responsible for establishing and
maintaining internal control.  In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs of
controls.  Generally, controls that are relevant to an audit
pertain to the entity's objective of preparing financial
statements for external purposes that are fairly presented in
conformity with generally accepted accounting principles.
Those controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.

Because of inherent limitations in internal control, errors or
fraud may occur and not be detected.  Also, projection of any
evaluation of internal control to future periods is subject to
the risk that controls may become inadequate because of changes
in conditions or that the effectiveness of their design and
operation may deteriorate.

Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American
Institute of Certified Public Accountants.  A material weakness
is a condition in which the design or operation of one or more
of the internal control components does not reduce to a
relatively low level the risk that misstatements caused by
error or fraud in amounts that would be material in relation to
the financial statements being audited may occur and not be
detected within a timely period by employees in the normal
course of performing their assigned functions.  However, we
noted no matters involving internal control and its operation,
including controls for safeguarding securities, that we
consider to be material weaknesses as defined above as of
December 31, 1999.

This report is intended solely for the information and use of
the Board of Directors, management and the Securities and
Exchange Commission and is not intended to be and should not be
used by anyone other than these specified parties.

PricewaterhouseCoopers LLP
Philadelphia, PA

February 4, 2000
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