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PBGC Trusteed Plan · Case 19440100
The ELSCO LIGHTING PRODUCTS RET. PLAN FOR HOURLY EMP., a single-employer defined-benefit pension plan sponsored by DECORA INDUSTRIES, INC. of Fort Edward, NY, was terminated on 2000-12-05 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2006-02-01. At the date of termination the plan had 1 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 |
|---|---|---|
| ELSCO LIGHTING PRODUCTS RP FOR SALARIED EMP. | 2000-12-05 | 12 |
All plans sponsored by EIN 686036354. Full sponsor profile →
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