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California
- PBGC protects the defined benefit pensions of about 3.2 million workers and retirees living in the state.
- There are 3,848 PBGC-insured defined benefit plans sponsored by state-based businesses.
- PBGC has taken responsibility for 187 failed plans of state-based businesses.
- In 2006, PBGC paid about $288 million in retirement benefits to nearly 31,600 retirees and beneficiaries living in the state.
