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REGINA COMPANY AND LOCAL 411 IUE AFL CIO

PBGC Trusteed Plan · Case 16991500

The REGINA COMPANY AND LOCAL 411 IUE AFL CIO, a single-employer defined-benefit pension plan sponsored by THE REGINA COMPANY of SMYRNA, GA, was terminated on 1995-05-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1996-05-13. At the date of termination the plan had 245 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.

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