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NORTHWESTERN STEEL & WIRE CO. PENSION PLAN A

PBGC Trusteed Plan · Case 19460000

The NORTHWESTERN STEEL & WIRE CO. PENSION PLAN A, a single-employer defined-benefit pension plan sponsored by NORTHWESTERN STEEL & WIRE of STERLING, IL, was terminated on 2001-08-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2001-08-31. At the date of termination the plan had 3,588 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
NORTHWESTERN STEEL & WIRE CO - PENSION PLAN B2001-08-28771

All plans sponsored by EIN 361562920. 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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