This is a printer friendly version.

 

Texas
  • PBGC protects the defined benefit pensions of nearly 1.9 million workers and retirees living in the state.
  • There are 1,261 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 109 failed plans of state-based businesses.
  • In 2006, PBGC paid more than $83.4 million in retirement benefits to nearly 16,500 retirees and beneficiaries living in the state.