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FIRST JERSEY SAVINGS & LOAN ASSN RETIREMENT PLAN

PBGC Trusteed Plan · Case 14660200

The FIRST JERSEY SAVINGS & LOAN ASSN RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by FIRST JERSEY SAVINGS F A RTC VALLEY FORGE OFFICE of VALLEY FORGE, PA, was terminated on 1991-02-08 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1996-02-15. At the date of termination the plan had 90 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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