Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 17158000
The HALMAR DISTRIBUTORS INC PP & TRUST AGREEMENT, a single-employer defined-benefit pension plan sponsored by HALMAR DISTRIBUTORS INC of E LONGMEADOW, MA, was terminated on 2000-05-19 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2000-06-28. At the date of termination the plan had 104 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.
License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.