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PBGC BENEFITS NEW JERSEY

STATEWIDE IN NEW JERSEY:

  • In 2011 PBGC paid approximately $97 million to more than 17,600 New Jersey retirees in failed plans.
  • PBGC insures 1,546 pension plans sponsored by New Jersey companies, covering more than 1.1 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 DistrictPBGC Benefits PaidNumber of Retirees
01 $5,032,235.35 1,018
02 $8,154,986.09 1,414
03 $9,989,909.78 1,888
04 $8,463,505.95 1,539
05 $12,094,436.81 1,540
06 $5,962,828.01 1,258
07 $9,974,674.42 1,633
08 $5,234,247.82 1,213
09 $5,564,352.83 1,147
10 $4,277,708.54 1,146
11 $7,600,894.20 1,171
12 $8,488,026.55 1,359
13 $2,484,949.35 731
Unknown $3,336,692.14 634
Total $96,659,447.84 17,691