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It is a good idea to find out if your pension plan is insured. The Pension Benefit Guaranty Corporation is a federally funded corporation that insures certain pension plans. To determine if your plan is insured you should carefully read your Summary Plan Description. There are many benefits to having a pension plan that is insured. For instance, if your plan is insured and your benefits come up short, the Pension Benefit Guaranty Corporation will continue your benefits. You can contact the Pension Benefit Guaranty Corporation by visiting their website.