Pension Plan Termination Insurance — CFDA 86.001

Termination-insurance obligations at $20.7 billion

USAspending.gov records $20,672,050,282.23 in obligations under CFDA 86.001. Eight hundred six awards produce that stock. A simple average is about $25.6 million per award. Pension-termination insurance can post large assistance actions when plans are trusteed; the average is a ratio across 806 rows, not a typical participant check.

The assistance-listing title is PENSION PLAN TERMINATION INSURANCE. CFDA 86.001 is the identifier. Other pension or insurance listings are separate CFDA numbers and are not included in the $20.7 billion.

USAspending.gov is the source for $20,672,050,282.23 in obligations, 806 awards, 0 recipients, and 28 states on CFDA 86.001. An actuarial report that cites a larger insurance liability is not contradicting this assistance-award stock; it is measuring something else. This page reports the USAspending CFDA row. The empty recipient dimension and the 28-state geographic count are properties of that row, not a roster of every terminated plan.

Zero recipients and a 28-state field

The extract lists 0 recipients. The 806 awards and $20.7 billion remain. Termination-insurance activity may be coded without the organizational recipient roster that grant CFDAs display. Building a “top plan sponsors” chart from this recipient count is not possible from the packet.

Twenty-eight states in the geographic count is the narrowest coding among these thirty packets. That does not, by itself, say which states had plan terminations; it reports how many state labels appear on 86.001 awards in this extract. Place-of-performance can follow a trustee location, a plan headquarters, or a default code. The program table is the place to inspect the 28 labels.

What 806 awards do not count

Award count is 806 assistance records, including modifications as stored. It is not the number of terminated plans, covered participants, or monthly benefit checks. A single trusteeship can generate multiple award actions. Citing 806 as retirees helped would be a unit error.

The packet does not report funded status, premium income, or recovery from employers. Those series live in other reports. This page stays on the four USAspending facts.

Obligations versus benefits paid after termination

The $20.7 billion is an obligation total from USAspending.gov. Outlays — cash paid as guaranteed benefits — are not in the packet. An insurance award can be obligated when a plan is taken in while payments to retirees continue for years. This page does not estimate cash paid to date.

Use CFDA 86.001 to size pension plan termination insurance in the assistance file. Do not use it as an actuarial deficit. Actuarial measures are not in the four facts.

Where to open 86.001

The Pension Plan Termination Insurance program page overlays these aggregates. The all-programs index ranks 86.001 among other assistance listings. Agency pages show awarding-agency totals that may include this CFDA among other listings. For 86.001 only, start on the program page.

CFDA 86.001 pairs $20,672,050,282.23 in obligations with 806 awards, 0 recipients, and 28 states. The empty recipient dimension plus the narrowest geographic count in this batch is the listing’s signature in the extract. Twenty-eight state labels report how the source coded place-of-performance, which may follow a trustee location rather than every participant’s residence. About $25.6 million per award is not a typical retiree check.

Terminated-plan counts, premium income, actuarial deficits, and benefit outlays are outside the four facts. The Pension Plan Termination Insurance program page overlays 86.001. Source: USAspending.gov assistance awards.

A narrow geographic field on a large insurance CFDA

Pension Plan Termination Insurance, CFDA 86.001, is indexed at $20,672,050,282.23 in obligations, 806 awards, 0 recipients, and 28 states on USAspending.gov. Twenty-eight is the narrowest geographic count in this set of thirty packets. That fact reports how many state labels appear on 86.001 awards in this extract. It does not, by itself, list which plans were terminated or where participants live. Place-of-performance can follow a trustee location or a default code.

Recipient count 0 with 806 awards and $20.7 billion is the same empty-roster pattern as other insurance- and compensation-style listings here. About $25.6 million per award on a simple average mixes large trusteeship actions. It is not a typical participant check. Award count is not a count of terminated plans or covered retirees.

Do not treat the $20.7 billion as an actuarial deficit or as outlays already paid as guaranteed benefits. The program page overlays 86.001; the programs index ranks it; agency pages show awarding-agency rollups. Source: USAspending.gov assistance awards.

Questions

How much is obligated for pension plan termination insurance?

USAspending.gov records $20,672,050,282.23 in obligations for CFDA 86.001. SpendingVault indexes 806 awards and 28 states. Recipient count in this aggregate is 0. The total is an obligation sum from assistance awards, not an outlay and not a count of retirees.

Why does CFDA 86.001 show zero recipients?

The extract records 0 recipients while showing 806 awards and $20.7 billion in obligations. Termination-insurance files may not populate the organizational recipient table used for grant CFDAs. The empty roster is a property of this aggregate, not evidence that no insurance activity was recorded.

Why are only 28 states on this listing?

The USAspending geographic count for CFDA 86.001 is 28, the narrowest in this packet set. That is how many state labels appear on awards in this extract, not a statutory map of every pension. Dollar-by-state amounts, if stored, are on the program table.

Is $20.7 billion already paid as guaranteed pension benefits?

Not necessarily. Obligations are commitments. Outlays are payments. CFDA 86.001’s indexed total is the obligation stock from USAspending.gov. This page does not report cash disbursed to participants, premium collections, or remaining balances. CFDA 86.001’s $20.7 billion on 806 awards, 0 recipients, and 28 states is the USAspending obligation stock.