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Minnesota
  • PBGC protects the defined benefit pensions of more than 686,000 workers and retirees living in the state.
  • There are 500 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 44 failed plans of state-based businesses.
  • In 2006, PBGC paid about $59.5 million in retirement benefits to about 8,600 retirees and beneficiaries living in the state.