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Programs › 86.001

Assistance listing · 86.001

Pension Plan Termination Insurance

Federal financial assistance obligated under listing 86.001, the organisations that receive it and where it goes.

USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.

Federal agencies obligated $4.0B in awards under assistance listing 86.001, Pension Plan Termination Insurance, in FY2026, and $71B over the five fiscal years since FY2023; the program ranks 10 of 988 on this site.

Obligations were down 37% on FY2025 ($6.3B), with $0 so far in FY2027.

The largest recipient organisations over FY2022–FY2025 were Central States Pension Plan ($36B), New England Teamsters Pension Plan ($5.7B) and Bakery and Confectionery Union and Industry International Pension Fund ($3.4B).

By place of performance, the most money went to IL, NY and MA.

$4.0Bobligations, FY2026FY2026 (1 Oct 2025 – 30 Sep 2026) · obligations
$71Bfive-year totalFY2023–FY2027 to date · obligations
$0FY2027 to dateFY2027 · obligations
10 of 988rank among programs on this sitefive-year obligations
165awards of $1.0M+ since FY2023FY2023–FY2027

Obligations by fiscal year

$46B
$15B
$6.3B
$4.0B
$0
FY2023FY2024FY2025FY2026FY2027*
Obligations under listing 86.001 by fiscal year. *FY2027 runs to the data date and is incomplete.

Compared with the largest program FY2026

MeasureThis programGrants to States for MedicaidAll assistance
Obligations, FY2026$4.0B$722B$4.4T
Five-year total$71B$2.6T$17T
Share of all assistance obligations, five years0.4%15.2%100%

Largest recipients obligations, FY2022–FY2025

#OrganisationObligations
1Central States Pension Plan$36B
2New England Teamsters Pension Plan$5.7B
3Bakery and Confectionery Union and Industry International Pension Fund$3.4B
4American Federation of Musicians and Employers' Pension Plan$1.5B
5Graphic Communications International Brother$1.5B
6New York State Teamster Pensions$1.4B
7Felra & Ufcw Pension Plan$1.4B
8Pace Industry Union-Management Pension Fund$1.3B
9Southern California United Food and Commercial Workers Unions and Food Employers Joint Pension Plan$1.3B
10United Food and Commercial Workers Unions and Employers Midwest Pension Plan$1.2B
11Automotive Industries Pension Plan$1.1B
12Western Pennsylvania Teamsters and Employers$995M
13Road Carriers Local 707 Pension Fund$930M
14Gciu-Employer Retirement Benefit Plan$914M
15National Integrated Group Pension Plan$887M
16The Legacy Plan of the Unite Here Retirement Fund$869M
17Ufcw Local One Pension Fund$788M
18Trucking Employees of North Jersey Pension Fu$783M
19United Food and Commercial Workers Union and Participating Food Industry Employers Tri-State Pension$684M
20Carpenters Pension Trust Fund - Detroit and Vicinity$635M
21Teamsters Local 641 Pension Fund$618M
22So. CA AZ Co and So. NV Glaziers Pen Plan$586M
23Cwa/Itu Negotiated Pension Plan$546M
24Graphic Arts Industry Joint Pension Trust$522M
25Local Union 863 Pension Fund Plan$334M

Awarding agencies $1.0M+ awards

Where the money goes

Largest awards since FY2023

RecipientAwarding agencyTypeAward valueBegunPlaceRecord
California Winery Workers Pension Plan TrustPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.4Mloan face value22 Sep 2023CAUSAspending
California Winery Workers Pension Plan TrustPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.3Mloan face value27 Dec 2022CAUSAspending
California Winery Workers Pension Plan TrustPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.3Mloan face value23 Jun 2023CAUSAspending
California Winery Workers Pension Plan TrustPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.2Mloan face value26 Sep 2025CAUSAspending
California Winery Workers Pension Plan TrustPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.1Mloan face value27 Mar 2025CAUSAspending
California Winery Workers Pension Plan TrustPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.1Mloan face value26 Jun 2026CAUSAspending
California Winery Workers Pension Plan TrustPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.0Mloan face value20 Dec 2024CAUSAspending
California Winery Workers Pension Plan TrustPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.0Mloan face value23 Dec 2025CAUSAspending
California Winery Workers Pension Plan TrustPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.0Mloan face value27 Mar 2026CAUSAspending
Cmta Tool and Die CraftsmenPension Benefit Guaranty CorporationLoanDirect Loan (e)$4.0Mloan face value29 Jul 2024CAUSAspending

Questions and answers

How much is obligated under assistance listing 86.001?

$4.0B in FY2026 and $71B over the five fiscal years since FY2023, counting every award type recorded under the listing (grants, direct payments, loan subsidy cost, insurance and other assistance). Obligations are commitments, not payments.

Who receives the most under Pension Plan Termination Insurance?

Central States Pension Plan ($36B), New England Teamsters Pension Plan ($5.7B), Bakery and Confectionery Union and Industry International Pension Fund ($3.4B), American Federation of Musicians and Employers' Pension Plan ($1.5B), Graphic Communications International Brother ($1.5B). Individuals are never listed; where a program pays individuals, USAspending records aggregated rows that appear here as "not shown".

What is an assistance listing (CFDA) number?

A five-digit number that identifies a federal financial assistance program on SAM.gov (formerly the Catalog of Federal Domestic Assistance). Every grant, loan, direct payment or other assistance award on USAspending carries one; contracts do not.

Provenance

Source: USAspending.gov API v2, spending by category (assistance listing) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 listing table, so small amounts in a state may be missing. See methodology.