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BUFFALO PIPE FOUNDRY CORP MOLDERS ALLIED WORKERS

PBGC Trusteed Plan · Case 1213600

The BUFFALO PIPE FOUNDRY CORP MOLDERS ALLIED WORKERS, a single-employer defined-benefit pension plan sponsored by BUFFALO PIPE & FOUNDRY CORP of HOLT, AL, was terminated on 1975-05-02 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1986-09-22. At the date of termination the plan had 172 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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