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PBGC BENEFITS NEW MEXICO

STATEWIDE IN NEW MEXICO:

  • In 2011 PBGC paid approximately $10 million to more than 1,500 New Mexico retirees in failed plans.
  • PBGC insures 107 pension plans sponsored by New Mexico companies, covering more than 98,000 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 $2,954,505.66 474
02 $3,019,615.67 571
03 $3,687,219.32 470
Unknown $336,223.63 66
Total $9,997,564.28 1,581