Federal agency

Pension Benefit Guaranty Corporation

FY2026 ended Sep 30 · data still posting · data as of 2026-11-01†

† DoD contract data posts to USAspending about 90 days after award.

Federal agency · top-tier · the money flowing out to recipients.

$4.4B
Obligated
FY2026 · data still posting
14
Recipients
684
Awards
1
Sub-agencies

In FY2026, the Pension Benefit Guaranty Corporation obligated $4.4B in federal awards to 14 recipients across 684 awards. Its largest recipient was Ufcw - Northern California Employers Joint Pension Plan, with 59% of the total. FY2026 ended Sep 30 and its data is still posting. Computed

Where this money goes

Source
PENSION BENEFIT GUARANTY
TOP RECIPIENTS
Pension Benefit Guaranty Corporation
$4.4B
FY2026 obligated
Ufcw -
$2.6B
Local 153
$0.2B
Bakery Drivers
$0.1B
Teamsters Local
$0.1B
Warehouse Employees
$0.1B
9 other recipients
$1.1B
band width = obligations · FY2026 · source: USASpending.gov

Recipient breakdown available for 81% of obligations shown

Top recipients

Ufcw - Northern California Employers Joint Pension Plan$2.6B
Local 153 Pension Plan$229.7M
Bakery Drivers Local 550 & Industry Pension$148.8M
Teamsters Local 210 Affiliated Pension Plan$143.9M
Warehouse Employees Union Local No. 730 Pension Trust Fund$127.3M
Cleveland Bakers and Teamsters Pension Plan$120.9M
Alaska United Food and Commercial Workers Pension Fund$109.1M
Serco Inc$40.7M
Deloitte LLP$19.4M
Salient Crgt, Inc.$18.7M

How it spends

awards by typeComputed
360loans
257contracts
38contract vehicles
29direct payments

What it funds

Pension Plan Termination Insurance$4.2B
Engineering Services$42.8M
Administrative Management and General Management Consulting Services$41.1M
Portfolio Management$34.8M
Portfolio Management and Investment Advice$34M
Other Computer Related Services$26.5M
Payroll Services$10.4M
Investment Banking and Securities Dealing$10.2M

Sub-agencies

Pension Benefit Guaranty Corporation$4.4B

Key takeaways

Computed
FY2026 ended Sep 30 · data still posting · data as of 2026-11-01

Obligations by year

Computed
$531.7M
FY20
$605.5M
FY21
$8.2B
FY22
$46.4B
FY23
$15B
FY24
$6.6B
FY25
$4.4B
FY26 partial
▲ 1144%
FY20 to FY25

Awards

Source

Largest FY2026 awards

Awards this agency made that started in FY2026, by the amount obligated on each so far.

No award on record started in FY2026.

Largest awards by total value

Field Office Support Services
awarded 2019$141M
Contract 16PBGC24F0050
awarded 2024$136.5M
O&m and Dm&e Work
awarded 2020$130.5M
Portfolio Management Services
awarded 2016$117.6M
Portfolio Management Services
awarded 2016$112.4M
Portfolio Management Services
awarded 2016$89.2M
Ldi Fixed Income Investment Management Services
awarded 2017$83.9M
Contract PBGC01DO159004
awarded 2015$69.6M

The agency’s biggest individual awards by total value, largest first.

Related

Why the labels? The graph is only worth anything if the links are trusted. Facts taken straight from a federal filing are Source; figures we calculate are Computed; links we infer (corporate parents, districts, similar contractors, connections between records) are Inferred, worded carefully, never asserted as fact and never a claim that one thing caused another. Spot an error? Tell us.