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Iowa
  • PBGC protects the defined benefit pensions of more than 424,500 workers and retirees living in the state.
  • There are 335 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 42 failed plans of state-based businesses.
  • In 2007, PBGC paid nearly $22 million in retirement benefits to more than 6,300 retirees and beneficiaries living in the state.