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PBGC Trusteed Plan · Case 19402500
The TRANS WORLD AIRLINES INC RP FOR EES, a single-employer defined-benefit pension plan sponsored by PICHIN CORP. (TWA) of NEW YORK, NY, was terminated on 2001-01-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2001-01-02. At the date of termination the plan had 29,444 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.
| Plan | Terminated | Participants |
|---|---|---|
| TRANS WORLD AIRLINES, INC. RP FOR PILOTS | 2001-01-01 | 2,753 |
All plans sponsored by EIN 133695798. Full sponsor profile →
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