This is a printer friendly version.

 

Alabama
  • PBGC protects the defined benefit pensions of more than 426,000 workers and retirees living in the state.
  • There are 243 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 19 failed plans of state-based businesses.
  • In 2008, PBGC paid nearly $48.9 million in retirement benefits to more than 14,000 retirees and beneficiaries living in the state.