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WORCESTER PRESSED STEEL CO NON BARGAINING PLAN

PBGC Trusteed Plan · Case 170500

The WORCESTER PRESSED STEEL CO NON BARGAINING PLAN, a single-employer defined-benefit pension plan sponsored by WORCESTER PRESSED STEEL CO of WORCESTER, MA, was terminated on 1975-04-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1975-12-12. At the date of termination the plan had 42 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

All plans sponsored by EIN 41989885. 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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