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PBGC BENEFITS IOWA

STATEWIDE IN IOWA:

  • In 2011 PBGC paid more than $19.2 million to more than 5,800 Iowa retirees in failed plans.
  • PBGC insures 293 pension plans sponsored by Iowa companies, covering almost 328,000 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 $7,568,834.00 2,504
02 $3,344,692.26 1,093
03 $2,221,144.12 584
04 $3,352,123.32 1,035
05 $2,091,468.05 418
Unknown $629,572.47 215
Total $19,207,834.22 5851