PBGC pension termination insurance in New Jersey

PBGC termination insurance coded to New Jersey

CFDA 86.001 is titled PENSION PLAN TERMINATION INSURANCE. Filtered to New Jersey place of performance, obligations sum to $1,272,436,890.13 on 175 awards. The national Pension Plan Termination Insurance hub includes every state. New Jersey's spending hub includes every program. This tie is the intersection. $1,272,436,890.13 is an obligation aggregate from USAspending.gov, not an outlay and not a count of plans, retirees, or employers in Newark, Trenton, or Jersey City.

PBGC termination insurance can post as many assistance or insurance records rather than one statewide block. The join does not name recipients, split North Jersey and the shore, or count plans, retirees, or employers. Packet facts stop at $1,272,436,890.13, 175 awards, NJ, and 86.001. Correlation is not causation.

86.001 is not railroad retirement or Social Security in New Jersey

Social Insurance for Railroad Workers (CFDA 57.001) and OASDI catalogs sit on other Catalog numbers. Mixing those dollars into $1,272,436,890.13 would invent a broader total than this 86.001 × NJ cell contains. Facts available: New Jersey, CFDA 86.001, $1,272,436,890.13, 175 awards. Recipient names, subawards, and plan, retiree, or employer counts are not in the facts.

The catalog title names Pension Plan Termination Insurance, not a ranking of New Jersey outcomes. Dividing $1,272,436,890.13 by 175 yields about $7.27 million per award—a PBGC termination-insurance instrument, not a typical monthly pension check. Unique recipients are unpublished. 175 is not a count of plans, retirees, or employers.

New Jersey geography on the Pension Termination Insurance tag

NJ is the place-of-performance code. Awards billed to Newark, Trenton, or Jersey City can share the tag. Awards coded to New York, Pennsylvania, or Delaware stay outside $1,272,436,890.13 even when a metro, watershed, or service area approaches the border. North Jersey and shore-county plan tags share one NJ code. The code does not convert $1.27 billion into an employer map.

New Jersey federal spending is the all-program parent. 86.001 is one row on New Jersey programs. $1.27 billion is not the state's complete federal footprint. Open Pension Plan Termination Insurance in New Jersey for the filtered table, CFDA 86.001 for 86.001 without a New Jersey filter, and All spending ties for other pairs. Do not add those parents into $1,272,436,890.13.

Reading 175 awards under $1.27 billion

$1,272,436,890.13 ÷ 175 is about $7.27 million per award. That average is a PBGC termination-insurance instrument, not a typical monthly pension check. It is not a median. Net obligations can include downward modifications; the total shown is the aggregate in the facts. Treat 175 as a record count in an aggregate, not as 175 finished PBGC recordss.

USAspending obligations can be positive new awards or net of downward modifications; $1,272,436,890.13 is the net total supplied in the facts. Without a transaction register on this page, you cannot see how many of the 175 rows are continuations, renewals, or corrections. Later ingests can restate $1,272,436,890.13 without changing the join key of 86.001 and NJ.

What the Pension Termination Insurance–New Jersey pair does not prove

A large 86.001 total tagged to New Jersey does not measure whether plans were underfunded, and it does not equal participants covered. FEC donations do not fund this USAspending cell. Correlation is not causation. The headline remains $1,272,436,890.13 on 175 awards for Pension Plan Termination Insurance in New Jersey.

Keep both sides of the join: Pension Plan Termination Insurance and New Jersey, obligations only. Do not annualize $1,272,436,890.13 without a year field—this packet publishes none. Do not treat 175 as a plan, retiree, or employer census. Quote USAspending.gov and the overlay path rather than a program story.

Using the Pension Termination Insurance–New Jersey overlay

The overlay target is the New Jersey × CFDA 86.001 table. Open Pension Plan Termination Insurance in New Jersey when you want the same $1,272,436,890.13 / 175-awards cell in the site's data chrome. CFDA 86.001 drops the New Jersey filter. New Jersey federal spending drops the CFDA filter. New Jersey programs lists other catalogs beside Pension Plan Termination Insurance. All spending ties is the directory of other pairs.

This page exists because two tables meet: a CFDA program and a place-of-performance state. It does not exist to argue that New Jersey won or lost federal money, that donations paid for the awards, or that obligations equal cash. The pair is 86.001 plus NJ. Obligations of $1,272,436,890.13 are not outlays. Cite Pension Plan Termination Insurance together with New Jersey whenever you reuse $1,272,436,890.13. 175 remains an award-record count on USAspending.gov, not a person, facility, or project census.

Questions

How much PBGC termination-insurance funding is obligated in New Jersey?

USAspending.gov shows $1,272,436,890.13 in CFDA 86.001 obligations coded to New Jersey across 175 awards. The join uses the program number and New Jersey place of performance. The total is obligations, not outlays. Keep Pension Plan Termination Insurance and New Jersey together when citing $1,272,436,890.13.

Is this the same as railroad retirement in New Jersey?

No. This cell is CFDA 86.001 only. Social Insurance for Railroad Workers (CFDA 57.001) and OASDI catalogs are other catalogs. Mixing those numbers would invent a total larger than $1,272,436,890.13. 175 is a record count, not a plan, retiree, or employer census.

Do 175 awards mean 175 pension plans?

175 is a USAspending award-record count, not a plan, retiree, or employer census. The implied mean is about $7.27 million per award. Unique recipients are unpublished. Obligations of $1,272,436,890.13 are not outlays. Keep Pension Plan Termination Insurance and New Jersey together when citing $1,272,436,890.13. The overlay remains the live 86.001 × NJ table on USAspending.gov.

Is $1.27 billion New Jersey's full federal retirement spend?

No. $1,272,436,890.13 is only the 86.001 × New Jersey cell. Other CFDA programs with New Jersey place of performance sit on the statewide hub. Nationwide 86.001 is not limited to New Jersey. Obligations of $1,272,436,890.13 are not outlays.