Federal Data Hub › PBGC Trusteed Plans · JSON

MATERIALS RECLAMATION CORK INC. PENSION PLAN

PBGC Trusteed Plan · Case 11651500

The MATERIALS RECLAMATION CORK INC. PENSION PLAN, a single-employer defined-benefit pension plan sponsored by MATERIALS RECLAMATION CO INC MARALCO ALUMINUM of SEATTLE, WA, was terminated on 1986-12-19 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1989-06-12. At the date of termination the plan had 13 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.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.