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 Unique recipients are unpublished. 274 is not a census of pension plans or retirees.

New York geography on the 86.001 tag

NY is the place-of-performance code. An insurance obligation can still appear as records tagged to New York City, Albany, or another in-state address. Awards coded to New Jersey, Connecticut, Pennsylvania, or another state stay outside $3,605,736,925.97 even when a plan covers workers in more than one state. The code does not convert $3.61 billion into a plan-sponsor map.

New York federal spending is the all-program parent. 86.001 is one row on New York programs. $3.61 billion is not the state’s complete federal footprint. Open Pension Plan Termination Insurance in New York for the filtered table, CFDA 86.001 for 86.001 without a New York filter, and All spending ties for other pairs. Do not add those parents into $3,605,736,925.97.

Reading 274 awards under $3.61 billion

$3,605,736,925.97 ÷ 274 is about $13.16 million per award. That average is not a median and not a typical monthly pension check. Net obligations can include downward modifications; the total shown is the aggregate in the facts. Treat 274 as a record count, not as 274 terminated plans. A New York City or Albany address on an 86.001 instrument does not convert $3,605,736,925.97 into a list of trustees or a count of retirees.

USAspending obligations can be positive new awards or net of downward modifications; $3,605,736,925.97 is the net total supplied in the facts. Without a transaction register, you cannot see how many of the 274 rows are continuations, modifications, or corrections. Later ingests can restate $3,605,736,925.97 without changing the join key of 86.001 and NY.

What the pension-insurance–New York pair does not prove

A large 86.001 total tagged to New York does not measure plan solvency, and it does not equal benefits already paid to retirees. FEC donations do not fund this USAspending cell. Correlation is not causation. The headline remains $3,605,736,925.97 on 274 awards for Pension Plan Termination Insurance in New York.

Keep both sides of the join: Pension Plan Termination Insurance and New York, obligations only. Do not annualize $3,605,736,925.97 without a year field—this packet publishes none. Do not treat 274 as a retiree census. Quote USAspending.gov and the overlay path rather than a pension-crisis story.

Using the 86.001–New York overlay

The overlay target is the New York × CFDA 86.001 table. Open Pension Plan Termination Insurance in New York when you want the same $3,605,736,925.97 / 274-award cell in the site’s data chrome. CFDA 86.001 drops the New York filter. New York federal spending drops the CFDA filter. New York programs lists other catalogs beside 86.001. All spending ties indexes 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 York won or lost federal money, that donations paid for the awards, or that obligations equal cash. The pair is 86.001 plus NY. Obligations of $3,605,736,925.97 are not outlays.

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.