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PBGC Trusteed Plan · Case 16010600
The COMPOSITE FORGINGS USW PENSION PLAN, a single-employer defined-benefit pension plan sponsored by U S METALSOURCE of PITTSBURGH, PA, was terminated on 1993-06-29 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1995-01-17. At the date of termination the plan had 39 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 |
|---|---|---|
| GOOD STEEL SERVICES PENSION PLAN FOR HOURLY EMPL | 1993-04-23 | 44 |
All plans sponsored by EIN 222751957. Full sponsor profile →
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