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Pennsylvania
  • PBGC protects the defined benefit pensions of nearly 2 million workers and retirees living in the state.
  • There are 1,815 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 350 failed plans of state-based businesses.
  • In 2008, PBGC paid nearly $516.3 million in retirement benefits to more than 79,000 retirees and beneficiaries living in the state.