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Pension Benefit Guaranty Corporation in Maryland

Federal obligations from Pension Benefit Guaranty Corporation to Maryland

Total obligated

$3.81B

Awards

41

USAspending.gov records $3,674,068,535.77 in Pension Benefit Guaranty Corporation obligations with place of performance in Maryland, across 33 awards. Awarding agency 1602 and state MD are the pair. Thirty-three records under $3.67 billion is a highly concentrated join: mean obligation is about $111.34 million per award ($3,674,068,535.77 ÷ 33). The total is not a count of Maryland retirees.

Key figures

  • PBGC agency 1602 shows $3,674,068,535.77 in Maryland place-of-performance obligations on 33 awards.
  • Mean obligation is about $111.34 million per award.
  • Award count is not a plan or beneficiary count.
  • No named plans are in the facts.
  • USAspending obligations are not outlays.

PBGC and Maryland in thirty-three rows

A count of 33 is small enough that each award, on average, carries about $111.34 million. PBGC’s public role includes taking over terminated defined-benefit plans and paying guaranteed benefits; the facts do not name plans, employers, or participants. This page does not list the 33 awards and does not say how many people those awards cover.

The join is agency 1602 plus Maryland place of performance. It is not a score of Maryland retirement security, not a ranking of corporate pensions, and not a forecast of future premiums. Thirty-three is an award-record count in a USAspending aggregate.

Thirty-three Maryland PBGC awards totaling $3,674,068,535.77 need the same small-n caution as other thin pension cells. One row can move a large share of the dollars. Plan names are absent. A 1602 overlay in another state is a different geography, not this $3.67 billion. Place of performance MD is not beneficiary residence.

Awarding agency 1602

Pension Benefit Guaranty Corporation is keyed as 1602. The overlay /states/md/agencies/1602/ is the filtered table that should match 33 awards and $3,674,068,535.77. The agency hub /agencies/1602/ removes the Maryland constraint. Massachusetts has a separate 1602 overlay on this site; that page is a different geography and is not this $3.67 billion cell.

Code 1602 is not a Cabinet toptier in the same numbering series as Commerce (013) or EPA (068). It is the awarding-agency identifier supplied for PBGC in this aggregate. Matching the number in the URL is the reliable way to stay on the correct filter.

Full analysis: Pension Benefit Guaranty Corporation federal obligations in Maryland →

Questions

How much has PBGC obligated in Maryland?
USAspending records $3,674,068,535.77 in agency 1602 obligations with Maryland place of performance, across 33 awards. That is an obligation aggregate, not outlays and not a list of pension plans.
Does 33 awards mean 33 pension plans?
No. 33 is an award-record count. One award can cover many participants; multiple awards can relate to one plan. The facts do not convert the count into plans or people.
What is the average PBGC award in Maryland?
About $111.34 million, from $3,674,068,535.77 divided by 33 awards. That mean is sensitive to a small row count and is not a median.
What is agency code 1602?
It is the awarding-agency code used in the overlay for Pension Benefit Guaranty Corporation. The $3,674,068,535.77 total is keyed to 1602 and Maryland.

USAspending.gov aggregate of federal obligations by state and awarding agency. Obligations are not outlays.

How this pair fits

All data ties →

Explore related views: Pension Benefit Guaranty Corporation profile · All states for this agency · All spending in Maryland