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SCHWINN BICYCLE COMPANY REPRESENTED RET PLAN

PBGC Trusteed Plan · Case 15733701

The SCHWINN BICYCLE COMPANY REPRESENTED RET PLAN, a single-employer defined-benefit pension plan sponsored by SCHWINN BICYCLE CO of CHICAGO, IL, was terminated on 1993-02-03 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1994-08-01. At the date of termination the plan had 381 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
SCHWINN BICYCLE COMPANY RTMT INCOME PLAN1993-02-03496

All plans sponsored by EIN 360747140. 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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