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UNIVERSAL OPTICAL COMPANY INC RETIREMENT PLAN HRLY

PBGC Trusteed Plan · Case 10809200

The UNIVERSAL OPTICAL COMPANY INC RETIREMENT PLAN HRLY, a single-employer defined-benefit pension plan sponsored by UNIVERSAL OPTICAL CO INC of NO ATTLEBORO, MA, was terminated on 1988-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1992-11-20. At the date of termination the plan had 236 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.

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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