Pension Plan Termination Insurance in New York

What the 86.001–New York join is

CFDA 86.001 is titled PENSION PLAN TERMINATION INSURANCE. Crossed with New York place of performance, obligations sum to $3,605,736,925.97 on 274 awards. The national 86.001 hub includes other states. New York’s spending hub includes other programs. Only this intersection is reported here. $3,605,736,925.97 is an obligation aggregate from USAspending.gov, not an outlay and not a count of terminated defined-benefit plans.

Two hundred seventy-four awards is a mid-volume insurance pattern: termination-insurance activity typically posts as many plan-related instruments rather than a single statewide lump. The join does not name plan sponsors, list trustees, or count retirees. Packet facts stop at $3,605,736,925.97, 274 awards, NY, and 86.001. Correlation is not causation. Two hundred seventy-four 86.001 instruments carrying $3,605,736,925.97 is a mid-volume insurance file, not 274 terminated plans and not 274 plan sponsors named in the facts.

Termination insurance is not a Social Security row

The catalog title names Pension Plan Termination Insurance. Social Security, SSI, and railroad-retirement catalogs are different rows and are not mixed into $3,605,736,925.97. Facts available: New York, CFDA 86.001, $3,605,736,925.97, 274 awards. Plan names, funded status, and participant counts are not in the facts.

Dividing $3,605,736,925.97 by 274 yields about $13.16 million per award. Unique recipients are unpublished. 274 is not a census of pension plans or retirees.

Questions

How much pension plan termination insurance is obligated in New York?

USAspending records $3,605,736,925.97 in CFDA 86.001 obligations with New York place of performance on 274 awards. That is the pair total, not an outlay and not a Social Security row. Keep Pension Plan Termination Insurance and New York together when citing $3,605,736,925.97.

Does 274 awards mean 274 pension plans terminated?

No. 274 is a USAspending award-record count, not a plan or retiree census. The implied mean is about $13.16 million per award. Unique recipients and plan names are unpublished. Obligations of $3,605,736,925.97 are not outlays. Obligations are not outlays, and FEC donations do not fund this USAspending cell.

Is $3.61 billion New York’s full federal retirement spend?

No. $3,605,736,925.97 is only the 86.001 × New York cell. Other retirement catalogs appear on separate New York program pages. Nationwide 86.001 is not limited to New York. Original filings remain on USAspending.gov for this 86.001 × NY pair. Obligations are not outlays, and FEC donations do not fund this USAspending cell.

Have these insurance dollars already been paid to retirees?

The figure is an obligation aggregate, not an outlay. USAspending.gov is the source. FEC donations do not fund this cell. The overlay is the live 86.001–New York table. Quote the overlay table and USAspending.gov rather than a policy claim. Keep both sides of the join when you cite the headline total.