Pension Benefit Guaranty Corporation in New York

A thin PBGC file on a New York tag

Pension Benefit Guaranty Corporation as awarding agency, New York as place-of-performance: 294 records summing to $3,690,579,405.23. A Pension Benefit Guaranty Corporation award coded outside NY is out. An award in New York from a different awarding agency is out even if the topic sounds related. New York (NY) excludes New Jersey, Pennsylvania, Connecticut, and Massachusetts. A Newark-coded PBGC award is New Jersey.

Two hundred ninety-four awards against $3,690,579,405.23 is a thin, high-mean PBGC file. Trustee and insurance-style vehicles can mint few rows with large dollars. Unique recipients are unpublished. Do not read 294 as 294 unique unique pension plans, covered participants, or guaranteed benefits already paid. Pension Benefit Guaranty Corporation in New York is the both-keys table. New York federal spending is the all-agency state hub. Pension Benefit Guaranty Corporation is the agency book without an NY filter. All spending ties lists other joins.

Agency 1602 is not Department of Labor 1601. New York has both joins; do not add them. Named plans are unpublished. Correlation is not causation: New York did not cause $3,690,579,405.23 by existing as a large or small place. Population and outcome scores are not packet facts. The join is 1602 × NY only. Campaign contributions do not fund these USAspending awards.

294 rows are not 294 pension plans

$3,690,579,405.23 does not measure unique pension plans, covered participants, or guaranteed benefits already paid. Those series are not USAspending fields on this aggregate. The cell sums award obligations with awarding-agency code 1602 and an NY place-of-performance tag.

Do not treat 294 awards as a census of unique pension plans, covered participants, or guaranteed benefits already paid. Parent hubs are supposed to be larger than this pair. If New York federal spending or Pension Benefit Guaranty Corporation matched $3,690,579,405.23 and 294, the join would be pointless. Use the overlay when both keys must stay on. New Jersey and Pennsylvania PBGC joins, plus the Illinois PBGC cell in this slice are other pairs, not addends.

Questions

How much has the Pension Benefit Guaranty Corporation obligated in New York?

USAspending.gov records $3,690,579,405.23 across 294 awards with awarding agency 1602 and a New York tag. That is an obligation join, not an outlay and not a count of unique pension plans, covered participants, or guaranteed benefits already paid. Pension Benefit Guaranty Corporation in New York is the live overlay for this pair. Keep both keys when quoting $3,690,579,405.23.

Is $3,690,579,405.23 a measure of unique pension plans, covered participants, or guaranteed benefits already paid?

No. The packet publishes $3,690,579,405.23 and 294 awards for agency 1602 inside NY coding. Those other series are unpublished here. Unique recipients are unpublished. Quote the dollar total and the award count together. Obligations are not outlays.

Why does this PBGC file have 294 awards?

That is the award-record count for 1602 × NY. Combined with $3,690,579,405.23, the average is about $12.55 million. Modifications and repeat instruments add rows. 294 is not unique unique pension plans, covered participants, or guaranteed benefits already paid. Later ingests can revise the count. Prefer the overlay if the table moved.

Where is the live PBGC–New York table?

Pension Benefit Guaranty Corporation in New York is the overlay. New York federal spending and Pension Benefit Guaranty Corporation are the parents, not addends. All spending ties lists other pairs. Keep both sides of the join when citing $3,690,579,405.23. USAspending.gov is the source. Obligations are not outlays.