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PBGC Trusteed Plan · Case 14866200
The PAN AM FIXED BENEFIT RETIREMENT PLAN FOR PILOTS, a single-employer defined-benefit pension plan sponsored by PAN AMERICAN WORLD AIRWAYS INC of NEW YORK, NY, was terminated on 1991-12-05 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1992-01-09. At the date of termination the plan had 2,311 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.
| Plan | Terminated | Participants |
|---|---|---|
| PAN AM-COOPERATIVE RETIREMENT INCOME PLAN | 1991-07-31 | 50,716 |
| PAN AM DEFINED BENEFIT PLAN FOR FLIGHT ENGINEERS | 1991-07-31 | 597 |
All plans sponsored by EIN 11152. Full sponsor profile →
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