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MORSE CUTTING TOOLS PENSION PLAN FOR EMPL

PBGC Trusteed Plan · Case 12688801

The MORSE CUTTING TOOLS PENSION PLAN FOR EMPL, a single-employer defined-benefit pension plan sponsored by MORSE TOOL INC of BOSTON, MA, was terminated on 1987-06-16 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1991-03-18. At the date of termination the plan had 744 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.

Other plans from the same sponsor

PlanTerminatedParticipants
SUPERTOOL CO UAW LOCAL 982 RETIREMENT INCOME PLAN1987-06-16117

All plans sponsored by EIN 61113699. Full sponsor profile →

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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