Pension Benefit Guaranty Corporation federal obligations in California

A very thin PBGC file on California

Pension Benefit Guaranty Corporation as awarding agency, California as place-of-performance: 46 records summing to $1,455,211,012.17. A Pension Benefit Guaranty Corporation award coded outside CA is out. An award in California from a different awarding agency is out even if the topic sounds related. California (CA) excludes Nevada, Oregon, Arizona, and Hawaii. A Reno-coded award is Nevada even if the plan sponsor sits in California.

Forty-six records against $1,455,211,012.17 is an extreme-thin, high-mean file. Fiscal vehicles can mint few rows with large dollars. Unique recipients are unpublished. Do not read 46 as 46 unique unique pension plans, participant counts, or insured plans. The overlay Pension Benefit Guaranty Corporation in California is the both-keys table. California federal spending is the all-agency state hub. Pension Benefit Guaranty Corporation is the agency book without a CA filter. All spending ties lists other joins.

Do not read 46 as 46 unique plans. Unique recipients are unpublished. The implied mean is a quotient, not a typical takeover. Correlation is not causation: California did not cause $1,455,211,012.17 by existing as a large or small place. Population and outcome scores are not packet facts. The join is 1602 × CA only.

Not insured plans or participant counts

$1,455,211,012.17 does not measure unique pension plans, participant counts, or insured plans. Those series are not USAspending fields on this aggregate. The cell sums award obligations with awarding-agency code 1602 and a CA place-of-performance tag.

Do not treat 46 awards as a census of unique pension plans, participant counts, or insured plans. Parent hubs are supposed to be larger than this pair. If California federal spending or Pension Benefit Guaranty Corporation matched $1,455,211,012.17 and 46, the join would be pointless. Use the overlay when both keys must stay on. Nevada, Oregon, and Arizona PBGC joins are other pairs, not addends.

California statewide, not a Bay-versus-Inland split

Place of performance CA is a geography tag on the award, not a metro list and not a commuting zone. California (CA) excludes Nevada, Oregon, Arizona, and Hawaii. A Reno-coded award is Nevada even if the plan sponsor sits in California. Recipient address can differ from that state tag.

Do not read 46 as 46 unique plans. Unique recipients are unpublished. The implied mean is a quotient, not a typical takeover. This packet does not split $1,455,211,012.17 by city, county, or named facility. 46 awards stay statewide. A county table would be a different extract.

Few rows can still be large obligations

Even a thick or thin file records obligations, not necessarily outlays. $1,455,211,012.17 can include amounts that pay on a later schedule. Citing it as cash already sent in California confuses two concepts. Deobligations and upward adjustments both move the total.

California’s own budget is a different ledger. Mixing it with the 46-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 $1,455,211,012.17.

Citing PBGC in California

Cite USAspending.gov: Pension Benefit Guaranty Corporation (agency 1602) obligated $1,455,211,012.17 on 46 awards coded to California. Name both sides. Keep “obligations.” Do not relabel the total as unique pension plans, participant counts, or insured plans.

Prefer Pension Benefit Guaranty Corporation in California if the overlay has refreshed after an ingest. California federal spending still includes every other awarding agency tagged to CA. Pension Benefit Guaranty Corporation is the 1602 parent without the CA filter. All spending ties indexes other pairs. Do not add those parents into $1,455,211,012.17.

A usable footnote names Pension Benefit Guaranty Corporation, California, $1,455,211,012.17, and 46. The compact headline $1.46 billion is that same dollar total rounded. It is not a second extract. The implied mean near $31.64 million is $1,455,211,012.17 divided by 46. Means are not medians. USAspending.gov remains the originating system.

Questions

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

USAspending.gov records $1,455,211,012.17 across 46 awards with awarding agency 1602 and a California tag. That is an obligation join, not an outlay and not a count of unique pension plans, participant counts, or insured plans. Pension Benefit Guaranty Corporation in California is the live overlay for this pair. Keep both keys when quoting $1,455,211,012.17.

Is $1,455,211,012.17 a measure of unique pension plans, participant counts, or insured plans?

No. The packet publishes $1,455,211,012.17 and 46 awards for agency 1602 inside CA 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 46 awards?

That is the award-record count for 1602 × CA. Combined with $1,455,211,012.17, the average is about $31.64 million. Modifications and repeat instruments add rows. 46 is not unique unique pension plans, participant counts, or insured plans. Later ingests can revise the count. Prefer the overlay if the table moved.

Where is the live table?

Pension Benefit Guaranty Corporation in California is the overlay. California 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 $1,455,211,012.17. USAspending.gov is the source. Obligations are not outlays.