PBGC Updates Pension Insurance Data Tables, Plans More Frequent Updates
FOR IMMEDIATE RELEASE
February 27, 2013
WASHINGTON — The Pension Benefit Guaranty Corporation today released its annual pension insurance data tables. These Excel-format tables capture statistical trends in the world of private defined benefit pensions.
In addition, the agency announced plans to update the data tables more frequently. Rather than wait to publish a full annual update, PBGC will give users access to the most recently published data for each of about 70 topics.
The data tables provide statistics used by researchers, journalists, and others interested in the federal pension insurance program, for both single-employer and multiemployer plans. The tables include data that quantifies the numbers of people and plans that PBGC protects, the number of people receiving or eligible to receive benefits from PBGC, the benefits paid to them, claims against PBGC, the funded status of PBGC-protected plans, and other vital statistics.
The pension insurance data tables can be found at PBGC's Open Government page. As updates become available, users will have the option of choosing "Most Current Data" or the complete set for any given year. To be notified when new data becomes available, subscribe to PBGC's Open Government page.
PBGC protects the pension benefits of more than 40 million Americans in private-sector pension plans. The agency is directly responsible for paying the benefits of more than 1.5 million people in failed pension plans. PBGC receives no taxpayer dollars and never has. Its operations are financed by insurance premiums and with assets and recoveries from failed plans. For more information, visit PBGC.gov.
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PBGC No. 13-04