Pension Benefit Guaranty Corporation
Pension Benefit Guaranty Corporation reported $4.2 billion in obligations for fiscal year 2026, ranking 23 of 73 top-tier agencies.
American Factbook Research
The record
- Obligations, FY2026
- $4,199,163,705
- All award types. Obligations recorded, not money spent.
- Rank among agencies
- 23 of 73
- By obligations this fiscal year.
- Share of all federal obligations
- 0.1%
- Of $4.8 trillion across all agencies.
- Treasury top-tier code
- 1602
- USAspending profile
- usaspending.gov/agency/pension-benefit-guaranty-corporation
By award type
| Award type | Obligations | Share |
|---|---|---|
| Direct payments | $3,842,766,644 | 91.5% |
| Contracts | $204,224,261 | 4.9% |
| Loans | $152,172,800 | 3.6% |
Where the work was performed
| Rank | State | Obligations | Share of agency |
|---|---|---|---|
| 1 | California | $2,667,312,113 | 63.5% |
| 2 | New York | $460,171,526 | 11.0% |
| 3 | New Jersey | $207,599,488 | 4.9% |
| 4 | Maryland | $164,667,368 | 3.9% |
| 5 | Ohio | $124,960,820 | 3.0% |
| 6 | Oregon | $116,275,548 | 2.8% |
| 7 | Utah | $77,584,934 | 1.8% |
| 8 | Virginia | $77,142,044 | 1.8% |
| 9 | Illinois | $62,217,966 | 1.5% |
| 10 | District Of Columbia | $60,318,056 | 1.4% |
| 11 | Kentucky | $40,088,553 | 1.0% |
| 12 | Massachusetts | $38,658,502 | 0.9% |
| 13 | Pennsylvania | $25,037,757 | 0.6% |
| 14 | Missouri | $22,222,748 | 0.5% |
| 15 | Michigan | $14,890,662 | 0.4% |
The 15 largest of 28 states and territories. These rows total $4,196,470,008, against an overall $4,199,163,705 for the agency. Effectively all of this agency’s obligations carry a reported place of performance. The two figures come from separate USAspending aggregations and reconcile to within a fraction of a percent, not to the cent. Place of performance is what the recipient reported, not necessarily where work happened.
Related
Nearby in the ranking
Where most of this work was performed
Sources
- USAspending API v2 — U.S. Department of the Treasury, Bureau of the Fiscal Service · U.S. Government work, public domain (17 U.S.C. 105) · retrieved 2026-09-18apps/web/queries/spending/agencies_by_obligations.sql, apps/web/queries/spending/agency_states.sql
Data retrieved