Federal Data Hub › PBGC Trusteed Plans · JSON

WEBSTER HEATING & SPECIALTY PRODUCTS, INC.

PBGC Trusteed Plan · Case 19210900

The WEBSTER HEATING & SPECIALTY PRODUCTS, INC., a single-employer defined-benefit pension plan sponsored by WEBSTER HEATING & SPECIALTY PRODUCTS of FRANKFORT, KY, was terminated on 1999-12-27 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2001-05-30. At the date of termination the plan had 131 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.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.