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PBGC BENEFITS ALABAMA

STATEWIDE IN ALABAMA:

  • In 2011 PBGC paid more than $75 million to more than 18,500 Alabama retirees in failed plans.
  • PBGC insures 220 pension plans sponsored by Alabama companies, covering more than 425,000 people.

NATIONWIDE:

  • In 2011 PBGC paid $5.3 billion to 787,000 retirees.
  • 700,000 more Americans will get their pension from PBGC when they're eligible to retire.

PBGC WORKS TO KEEP PENSION PLANS FROM FAILING:

  • In 2010-2011 PBGC helped dozens of companies keep their pension plans when they emerged from bankruptcy, saving benefits for 300,000 Americans.
  • Since 2007 PBGC has worked with companies to get an additional $750 million put into the pension plans of 80,000 workers.

BENEFITS TO YOUR CONGRESSIONAL DISTRICT:

  • Check the table below to see how much PBGC paid retirees in your district in 2011. Don't know your congressional district? Hover over the map to find it.
Congressional DistrictPBGC Benefits PaidNumber of Retirees
01 $5,699,355.75 1,017
02 $7,035,485.25 2,231
03 $13,663,277.33 5,180
04 $15,337,293.02 3,713
05 $20,348,528.03 2,871
06 $6,720,085.78 1,863
07 $4,088,813.63 1,112
Unknown $2,172,348.00 612
Total $75,065,186.79 18,599