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New Jersey
  • PBGC protects the defined benefit pensions of more than 1.1 million workers and retirees living in the state.
  • There are 1,614 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 207 failed plans of state-based businesses.
  • In 2008, PBGC paid about $69.2 million in retirement benefits to more than 13,400 retirees and beneficiaries living in the state.