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Illinois
  • PBGC protects the defined benefit pensions of more than 1.7 million workers and retirees living in the state.
  • There are 1,745 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 254 failed plans of state-based businesses.
  • In 2006, PBGC paid more than $285.8 million in retirement benefits to about 34,000 retirees and beneficiaries living in the state.