PBGC issues second installment of 2016 pension insurance data book

The Pension Benefit Guaranty Corporation (PBGC) has released the second installment of its pension insurance data book that covers pension plan data for the year beginning in 2016. The PBGC data tables generally provide researchers, journalists and others interested in the federal pension insurance program easily accessible, detailed statistics for the single-employer and multiemployer plans that the PBGC insures. The tables include data that quantifies the numbers of people and plans that the PBGC protects, the people receiving or eligible to receive benefits from the PBGC, the benefits paid to them, claims against the PBGC, the funded status of PBGC-protected plans, breakdowns of populations that the PBGC protects by industry and state, and other vital statistics.

This second installment contains information about plan funding levels, demographics, and premiums, and multiemployer plan zone status, including, for the first time, information specific to critical and declining plans. The installment information is available on the PBGC’s website at https://www.pbgc.gov/prac/data-books.

Source: PBGC Website, What’s New for Practitioners

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