Pension Plan Termination Insurance in Maryland

PBGC catalog 86.001 × Maryland

CFDA 86.001 is titled PENSION PLAN TERMINATION INSURANCE. Crossed with Maryland as place of performance, the obligation sum is $3,641,125,524.09 on 23 awards. The national 86.001 page includes other states. Maryland’s spending hub includes other programs. Only the intersection belongs here.

Twenty-three awards is a thin row count for a multi-billion-dollar cell. Insurance-style assistance and trustee arrangements often post relatively few instruments with large obligation amounts. The join does not name the plans, the trustees, or whether Maryland is headquarters, claims processing, or another tagged location.

Readers sometimes treat a large CFDA–state total as if it were a budget line the state legislature passed. $3,641,125,524.09 is not that. It is the USAspending obligation sum on awards tagged 86.001 and MD. The overlay table at the program-in-state path is the same cell rendered as a page; this narrative is the join explained in prose. Nothing here ranks Maryland against other states on need, performance, or politics.

Maryland hosts a large federal-benefits footprint in USAspending tables, which can make a $3,641,125,524.09 PBGC-catalog cell look like a local pension crisis. It is not. Twenty-three awards at about $158.31 million each describe insurance-style assistance tagged MD. Participant residence, plan headquarters, and claims-processing sites can differ from the geography code.

What the catalog covers—and what it does not

Pension Plan Termination Insurance is the CFDA title attached to 86.001. Other retirement, Social Security, and labor catalogs use other numbers. Folding those into $3,641,125,524.09 would invent a broader pension total than the facts support.

Packet facts: Maryland, CFDA 86.001, $3,641,125,524.09, 23 awards. Premium collections, participant counts, and funded-status ratios are not in those facts. The page reports USAspending obligations for the pair, not an actuarial valuation.

The only numeric facts on this packet are $3,641,125,524.09, 23 awards, CFDA 86.001, program title Pension Plan Termination Insurance, and geography MD/Maryland. Any other dollar, year, recipient, or percentage would be invented. Trivial arithmetic from those facts is allowed: 23 awards into $3,641,125,524.09 is about $158.31 million per award. That quotient is a mean of records, not a typical household, student, or lab.

CFDA 86.001 is a narrow insurance catalog. Social Security, federal employee retirement, and labor programs use other numbers. $3,641,125,524.09 on 23 awards is not a census of Maryland retirees and not a funded-status ratio.

Questions

How much Pension Plan Termination Insurance funding is obligated in Maryland?

USAspending records $3,641,125,524.09 in CFDA 86.001 obligations with Maryland place of performance across 23 awards. That is the pair total, not an outlay and not every federal retirement program.

Why are there only 23 awards?

The facts show 23 awards totaling $3,641,125,524.09. This catalog often posts a small number of large instruments. Recipient names and plan names are not in the packet facts.

Is this Maryland’s total federal spending?

No. The join filters CFDA 86.001 only. Other programs appear on the Maryland programs list and the statewide spending hub.

Does this measure pension benefits paid to Maryland residents?

No. Place of performance is a USAspending geography tag. The $3,641,125,524.09 figure is obligations for the pair, not a resident benefit census.