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FEDERALS INC TEAMSTERS RET PLAN

PBGC Trusteed Plan · Case 1725700

The FEDERALS INC TEAMSTERS RET PLAN, a single-employer defined-benefit pension plan sponsored by FEDERALS, INC. of DETROIT, MI, was terminated on 1977-06-19 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1979-02-12. At the date of termination the plan had 289 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
FEDERAL'S INC. PENSION PLAN1979-04-14231
FEDERALS INC LOCAL 5561979-04-14170
FEDERALS INC LOCAL 5181979-04-1465

All plans sponsored by EIN 380465050. 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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