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VERMONT ASBESTOS GROUP INC HOURLY RET PLAN

PBGC Trusteed Plan · Case 14897200

The VERMONT ASBESTOS GROUP INC HOURLY RET PLAN, a single-employer defined-benefit pension plan sponsored by VERMONT ASBESTOS GROUP, INC. of MORRISVILLE, VT, was terminated on 1994-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1996-08-07. At the date of termination the plan had 93 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

All plans sponsored by EIN 30237568. 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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