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South Carolina
  • PBGC protects the defined benefit pensions of nearly 400,000 workers and retirees living in the state.
  • There are 182 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 17 failed plans of state-based businesses.
  • In 2006, PBGC paid about $50.8 million in retirement benefits to more than 14,000 retirees and beneficiaries living in the state.