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New Mexico
  • PBGC protects the defined benefit pensions of more than 88,200 workers and retirees living in the state.
  • There are 114 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 7 failed plans of state-based businesses.
  • In 2007, PBGC paid nearly $8.3 million in retirement benefits to about 1,400 retirees and beneficiaries living in the state.