Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 13411801
The BEURMANN-MARSHALL CORP UAW PENSION PLAN, a single-employer defined-benefit pension plan sponsored by BEURMANN MARSHALL CORP of LANSING, MI, was terminated on 1990-09-11 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1992-07-27. At the date of termination the plan had 82 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.
License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.