Resources
PBGC BENEFITS MASSACHUSETTS
STATEWIDE IN MASSACHUSETTS:
- In 2011 PBGC paid more than $106 million to more than 16,500 Massachusetts retirees in failed plans.
- PBGC insures 874 pension plans sponsored by Massachusetts companies, covering almost 642,000 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 District | PBGC Benefits Paid | Number of Retirees |
|---|---|---|
| 01 | $5,081,713.42 | 1,456 |
| 02 | $6,151,305.39 | 1,478 |
| 03 | $7,684,509.59 | 1,619 |
| 04 | $11,322,680.30 | 2,039 |
| 05 | $10,012,987.61 | 1,533 |
| 06 | $15,527,310.94 | 1,691 |
| 07 | $15,342,709.50 | 1,864 |
| 08 | $5,432,631.34 | 925 |
| 09 | $11,932,121.45 | 1,727 |
| 10 | $15,482,233.58 | 1,846 |
| Unknown | $2,167,659.95 | 375 |
| Total | $106,137,863.07 | 16,554 |
