Across the country, there are more than 38,000 people who haven't claimed pension benefits they are owed. Those unclaimed pensions equal a total of over $300 million dollars, with individual benefits ranging from twelve cents to almost a million dollars.
The states with the most missing pension participants and money to be claimed are:
- New York (7,031/$42.38 million)
- Illinois (4,129/$79.63 million)
- California (3,082/$8.52 million)
- Texas (2,487/$12.32 million)
- New Jersey (2,288/$12.84 million)
- Ohio (2,109/$15.22 million)
If you receive a retirement benefit from PBGC, all or some of the money may be taxable. Every year, we report this amount to the IRS and send you an IRS Form 1099-R that states the amount we paid you the previous year.
We'll mail your Form 1099-R for 2012 to your address of record by Thursday, January 31, 2013. If you don't receive your form soon after January 31, 2013, you may use the options below to request a duplicate 1099-R, as early as February 1.
- Use our online service, MyPBA, to view and print a copy of your 1099-R tax form for the most recent tax year.
- Call PBGC's Customer Contact Center to request a form by mail. The number is 1-800-400-7242.
Before you call, please have your Social Security number, plan name and case number ready for the customer service representative.