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HOMESTEAD INDUSTRIES INC PENSION PLAN FOR EMP

PBGC Trusteed Plan · Case 14105501

The HOMESTEAD INDUSTRIES INC PENSION PLAN FOR EMP, a single-employer defined-benefit pension plan sponsored by HOMESTEAD INDUSTRES INC of CORAOPOLIS, PA, was terminated on 1991-12-07 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1993-11-02. At the date of termination the plan had 197 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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