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ALLIED PRODUCTS VERSON DIVISION HOURLY PLAN

PBGC Trusteed Plan · Case 19391000

The ALLIED PRODUCTS VERSON DIVISION HOURLY PLAN, a single-employer defined-benefit pension plan sponsored by ALLIED PRODUCTS CORPORATION of CHICAGO, IL, was terminated on 2001-01-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2001-11-06. At the date of termination the plan had 678 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
ALLIED PRODUCTS CORPORATION RETIREMENT PLAN2001-01-31753

All plans sponsored by EIN 380292230. 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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