Pension Plan Termination Insurance in Washington

What the 86.001–Washington join is

CFDA 86.001 is titled PENSION PLAN TERMINATION INSURANCE. Crossed with Washington place of performance, obligations sum to $1,099,932,990.39 on 7 awards. The national PBGC hub includes other states. Washington’s spending hub includes other programs. Only this intersection is reported here. $1,099,932,990.39 is an obligation aggregate from USAspending.gov, not an outlay and not a count of terminated-plan participants in Seattle or Tacoma.

Seven awards is a concentrated insurance-program pattern: PBGC termination insurance can post as a small number of large assistance or insurance instruments. The join does not name plans, trustees, or employers. Packet facts stop at $1,099,932,990.39, 7 awards, WA, and 86.001. Correlation is not causation.

86.001 is not Social Security or railroad retirement

Social Insurance for Railroad Workers (CFDA 57.001) and OASDI catalogs are different numbers. Mixing those into $1,099,932,990.39 would invent a broader retirement total than this cell contains. Facts available: Washington, CFDA 86.001, $1,099,932,990.39, 7 awards. Plan names, funded status, and participant counts are not in the facts.

The catalog title names Pension Plan Termination Insurance, not a ranking of corporate pensions. Dividing $1,099,932,990.39 by 7 yields about $157.13 million per award—a large-instrument scale. Unique recipients are unpublished. 7 is not a count of retirees.

Questions

How much PBGC termination-insurance funding is obligated in Washington?

USAspending records $1,099,932,990.39 in CFDA 86.001 obligations with Washington place of performance on 7 awards. That is the pair total, not an outlay and not railroad retirement. Keep Pension Plan Termination Insurance and Washington together when citing $1,099,932,990.39.

Does 7 awards mean 7 pension plans?

7 is a USAspending award-record count, not a plan or retiree census. The implied mean is about $157.13 million per award. Unique recipients and plan names are unpublished. 7 is a record count, not a person or facility census.

Is this Washington’s total federal retirement spend?

No. $1,099,932,990.39 is only the 86.001 × Washington cell. Social Security, railroad, and other catalogs appear on separate Washington program pages. Nationwide 86.001 is not limited to Washington. Obligations of $1,099,932,990.39 are not outlays.

Do these obligations equal pension checks paid?

No. $1,099,932,990.39 is an obligation sum. Outlays are a different USAspending series. Monthly benefit amounts are not in the packet facts. Keep the obligation label when citing the pair. Original filings remain on USAspending.gov for this 86.001 × WA pair.