Resources
PBGC BENEFITS MICHIGAN
STATEWIDE IN MICHIGAN:
- In 2011 PBGC paid more than $384 million to more than 45,000 Michigan retirees in failed plans.
- PBGC insures 990 pension plans sponsored by Michigan companies, covering more than 1.4 million 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 | $22,493,911.32 | 2,665 |
| 02 | $14,168,970.07 | 2,047 |
| 03 | $17,035,106.38 | 2,701 |
| 04 | $55,730,971.38 | 4,630 |
| 05 | $90,996,103.89 | 5,579 |
| 06 | $11,733,022.05 | 2,540 |
| 07 | $17,586,048.57 | 3,291 |
| 08 | $14,989,980.99 | 2,162 |
| 09 | $15,194,690.14 | 1,574 |
| 10 | $13,598,295.45 | 2,089 |
| 11 | $17,153,677.61 | 2,539 |
| 12 | $10,304,854.27 | 2,011 |
| 13 | $21,308,295.48 | 2,872 |
| 14 | $27,799,857.87 | 3,809 |
| 15 | $25,726,287.36 | 3,463 |
| Unknown | $8,355,186.89 | 1,409 |
| Total | $384,175,259.72 | 45,381 |
