Federal Data Hub › PBGC Trusteed Plans · JSON

ST RAYMOND CORP NONCONTRIB P P FOR WAGE EARNERS

PBGC Trusteed Plan · Case 12530901

The ST RAYMOND CORP NONCONTRIB P P FOR WAGE EARNERS, a single-employer defined-benefit pension plan sponsored by ST RAYMOND CORP PEJEPSCOT MILL of PEJEPSCOT, ME, was terminated on 1989-08-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1992-04-28. At the date of termination the plan had 385 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.