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PAN AM-COOPERATIVE RETIREMENT INCOME PLAN

PBGC Trusteed Plan · Case 14037201

The PAN AM-COOPERATIVE RETIREMENT INCOME PLAN, a single-employer defined-benefit pension plan sponsored by PAN AMERICAN WORLD AIRWAYS INC of NEW YORK, NY, was terminated on 1991-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1991-12-17. At the date of termination the plan had 50,716 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
PAN AM FIXED BENEFIT RETIREMENT PLAN FOR PILOTS1991-12-052,311
PAN AM DEFINED BENEFIT PLAN FOR FLIGHT ENGINEERS1991-07-31597

All plans sponsored by EIN 11152. 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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