Federal Data Hub › PBGC Trusteed Plans · JSON

ALLIED ARTIST PICTURES CORPORATION PENSION PLAN

PBGC Trusteed Plan · Case 1650600

The ALLIED ARTIST PICTURES CORPORATION PENSION PLAN, a single-employer defined-benefit pension plan sponsored by ALLIED ARTISTS PICTURES CORP of NEW YORK, NY, was terminated on 1976-09-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1987-04-09. At the date of termination the plan had 63 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.

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.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.