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PBGC BENEFITS VIRGINIA

STATEWIDE IN VIRGINIA:

  • In 2011 PBGC paid more than $95.8 million to more than 19,000 Virginia retirees in failed plans.
  • PBGC insures 580 pension plans sponsored by Virginia companies, covering more than 873,000 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 $10,403,012.27 1,097
02 $4,955,072.25 730
03 $2,364,670.75 615
04 $3,880,118.83 849
05 $15,519,944.71 5,203
06 $9,848,202.63 2,713
07 $9,594,264.69 1,545
08 $7,197,084.39 860
09 $6,405,983.48 2,244
10 $13,773,952.97 1,808
11 $9,673,152.51 981
Unknown $2,215,202.87 509
Total $95,830,662.35 19,154