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SHARON STEEL PENSION PLAN SALARY NON EXEMPT

PBGC Trusteed Plan · Case 16181400

The SHARON STEEL PENSION PLAN SALARY NON EXEMPT, a single-employer defined-benefit pension plan sponsored by SHARON STEEL CORPORATION of FARRELL, PA, was terminated on 1993-10-17 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1993-10-22. At the date of termination the plan had 264 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
SHARON STEEL PENSION PLAN HOURLY PLAN1993-10-174,763
SHARON STEEL PENSION PLANS SALARIED1993-10-171,282
SHARON STEEL PENSION PLANS BRAINARD1993-10-17258

All plans sponsored by EIN 133591890. 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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