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Washington
  • PBGC protects the defined benefit pensions of nearly 705,700 workers and retirees living in the state.
  • There are 323 PBGC-insured defined benefit plans sponsored by state-based businesses.
  • PBGC has taken responsibility for 23 failed plans of state-based businesses.
  • In 2007, PBGC paid more than $92.8 million in retirement benefits to more than 8,800 retirees and beneficiaries living in the state.