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INGERSOLL PRODUCTS CORP SALARIED RETIREMENT PLAN

PBGC Trusteed Plan · Case 10092700

The INGERSOLL PRODUCTS CORP SALARIED RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by INGERSOLL PRODUCTS CORP of CHICAGO, IL, was terminated on 1987-11-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1990-08-03. At the date of termination the plan had 116 participants — current and former employees with vested retirement benefits.

When PBGC trustees a plan, it assumes responsibility for paying guaranteed retirement benefits to participants up to statutory maximums. Plans are typically trusteed after the sponsor enters bankruptcy or otherwise becomes unable to meet pension obligations.

Other plans from the same sponsor

PlanTerminatedParticipants
INGERSOLL PRODUCTS C-2 UAW HOURLY RETIREMENT PLAN1985-12-31408
INGERSOLL PRODUCTS CORPORATION IAM PENSION PLAN1987-11-3098

All plans sponsored by EIN 363086673. Full sponsor profile →

References

  1. Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
  2. Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

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