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THE CLAYCRAFT CO BRICK & CLAY WORKERS LOC 811 RES PP

PBGC Trusteed Plan · Case 18494600

The THE CLAYCRAFT CO BRICK & CLAY WORKERS LOC 811 RES PP, a single-employer defined-benefit pension plan sponsored by THE CLAYCRAFT CO of COLUMBUS, OH, was terminated on 1993-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1999-07-22. At the date of termination the plan had 43 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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