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Louisiana
  • PBGC protects the defined benefit pensions of more than 489,000 workers and retirees living in the state.
  • There are 214 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 25 failed plans of state-based businesses.
  • In 2007, PBGC paid more than $25.9 million in retirement benefits to more than 4,900 retirees and beneficiaries living in the state.