PBGC Payments to Participants by State

The Pension Benefit Guaranty Corporation (PBGC) paid approximately $5.6 billion in 2017 to almost 870,000 terminated, single-employer plans. But what does that mean in the state where you and your plan are located? The PBGC makes it possible for you to find out.

The PBGC provides a listing by state of the number of retirees to whom it provided benefits in 2017, as well as how much it provided in benefits them; it breaks down state data on recipients and benefits paid by congressional district as well.

The 10 states with the highest amount of PBGC benefits payments in 2017 were:

State	Amount of Benefits	Number of Recipients
Ohio	$543,930,383	78,109
Pennsylvania	$462,185,424	79,325
Florida	$418,879,056	58,740
Michigan	$397,612,446	48,852
California	$351,334,056	44,247
New York	$339,878,939	51,871
Illinois	$304,612,521	43,698
Indiana	$290,816,158	33,082
North Carolina	$202,145,491	43,400
Georgia	$184,269,703	31,813

The 10 states with the lowest amount of PBGC benefits payments in 2017 were:

State	Amount of Benefits	Number of Recipients
Idaho	$14,662,358	2,217
Rhode Island	$12,521,699	2,330
New Mexico	$12,184,427	2,162
Vermont	$9,048,804	1,898
Nebraska	$7,428,076	1,756
Montana	$6,118,007	709
South Dakota	$4,581,421	672
Alaska	$3,949,749	645
Wyoming	$3,309,267	403
North Dakota	$570,194	154

The PBGC also provides retiree and benefit information for U.S. territories.