Pension Benefit Guaranty Corporation federal obligations in Alabama

A one-award PBGC file on Alabama

Pension Benefit Guaranty Corporation as awarding agency, Alabama as place-of-performance: 1 records summing to $260,986,599.95. A Pension Benefit Guaranty Corporation award coded outside AL is out. An award in Alabama from a different awarding agency is out even if the topic sounds related. Alabama (AL) excludes Mississippi, Georgia, Tennessee, and Florida. A plan with participants in several states still takes one place-of-performance tag on the award.

A single award against $260,986,599.95 is the thinnest possible file. The implied mean equals the cell total. That is arithmetic, not a typical pension transaction. Unique recipients are unpublished. Do not read 1 as 1 unique covered pensioners, terminated plans, or monthly benefit checks. The overlay Pension Benefit Guaranty Corporation in Alabama is the both-keys table. Alabama federal spending is the all-agency state hub. Pension Benefit Guaranty Corporation is the agency book without an AL filter. All spending ties lists other joins.

Do not read one row as one unique plan or one unique employer. Unique recipients are unpublished. $260,986,599.95 stays the 1602 × AL join. Correlation is not causation: Alabama did not “cause” $260,986,599.95 by existing as a large or small place. Population and outcome scores are not packet facts. The join is 1602 × AL only.

Not a pensioner headcount

$260,986,599.95 does not measure covered pensioners, terminated plans, or monthly benefit checks. Those series are not USAspending fields on this aggregate. The cell sums award obligations with awarding-agency code 1602 and an AL place-of-performance tag.

Do not treat 1 awards as a census of covered pensioners, terminated plans, or monthly benefit checks. Parent hubs are supposed to be larger than this pair. If Alabama federal spending or Pension Benefit Guaranty Corporation matched $260,986,599.95 and 1, the join would be pointless. Use the overlay when both keys must stay on. Georgia, Mississippi, and Tennessee PBGC joins are other pairs, not addends.

Alabama, not a multi-state plan map

Place of performance AL is a geography tag on the award, not a metro list and not a commuting zone. Alabama (AL) excludes Mississippi, Georgia, Tennessee, and Florida. A plan with participants in several states still takes one place-of-performance tag on the award. Recipient address can differ from that state tag.

Do not read one row as one unique plan or one unique employer. Unique recipients are unpublished. $260,986,599.95 stays the 1602 × AL join. This packet does not split $260,986,599.95 by city, county, or named facility. 1 awards stay statewide. A county table would be a different extract.

One row still records an obligation

Even a thick or thin file records obligations, not necessarily outlays. $260,986,599.95 can include amounts that pay on a later schedule. Citing it as cash already sent in Alabama confuses two concepts. Deobligations and upward adjustments both move the total.

Alabama’s own budget is a different ledger. Mixing it with the 1-award USAspending file leaves this series. No fiscal year is published in this packet, so this page does not invent one. Keep the obligation label on $260,986,599.95. Sharing a state with PBGC does not mean campaign donations funded these awards.

Citing PBGC in Alabama

Cite USAspending.gov: Pension Benefit Guaranty Corporation (agency 1602) obligated $260,986,599.95 on 1 awards coded to Alabama. Name both sides. Keep “obligations.” Do not relabel the total as covered pensioners, terminated plans, or monthly benefit checks.

Prefer Pension Benefit Guaranty Corporation in Alabama if the overlay has refreshed after an ingest. Alabama federal spending still includes every other awarding agency tagged to AL. Pension Benefit Guaranty Corporation is the 1602 parent without the AL filter. All spending ties indexes other pairs. Do not add those parents into $260,986,599.95.

A usable footnote names Pension Benefit Guaranty Corporation, Alabama, $260,986,599.95, and 1. The compact headline $261.0 million is that same dollar total rounded. It is not a second extract. The implied mean near $260.99 million is $260,986,599.95 divided by 1. Means are not medians. USAspending.gov remains the originating system.

Questions

How much has the Pension Benefit Guaranty Corporation obligated in Alabama?

USAspending.gov records $260,986,599.95 across 1 awards with awarding agency 1602 and an Alabama tag. That is an obligation join, not an outlay and not a count of covered pensioners, terminated plans, or monthly benefit checks. Pension Benefit Guaranty Corporation in Alabama is the live overlay for this pair. Keep both keys when quoting $260,986,599.95.

Is $260,986,599.95 a measure of covered pensioners, terminated plans, or monthly benefit checks?

No. The packet publishes $260,986,599.95 and 1 awards for agency 1602 inside AL coding. Those other series are unpublished here. Unique recipients are unpublished. Quote the dollar total and the award count together. Obligations are not outlays.

Why does this PBGC file have 1 awards?

That is the award-record count for 1602 × AL. Combined with $260,986,599.95, the average is about $260.99 million. Modifications and repeat instruments add rows. 1 is not unique covered pensioners, terminated plans, or monthly benefit checks. Later ingests can revise the count. Prefer the overlay if the table moved.

Where is the live table?

Pension Benefit Guaranty Corporation in Alabama is the overlay. Alabama federal spending and Pension Benefit Guaranty Corporation are the parents, not addends. All spending ties lists other pairs. Keep both sides of the join when citing $260,986,599.95. USAspending.gov is the source. Obligations are not outlays.