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PBGC Trusteed Plan · Case 10281400
The CROMWELL PAPER CO HRLY EMPLS RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by CROMWELL PAPER CO of CHICAGO, IL, was terminated on 1988-03-14 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1988-05-02. At the date of termination the plan had 89 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.
| Plan | Terminated | Participants |
|---|---|---|
| CROMWELL PAPER CO SAL EMPS RETIREMENT PLAN | 1988-03-14 | 26 |
All plans sponsored by EIN 360963900. Full sponsor profile →
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