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HENRY I. SIEGEL CO. PEN. PLAN FOR ELIGIBLE EMPLOYEES

PBGC Trusteed Plan · Case 19523900

The HENRY I. SIEGEL CO. PEN. PLAN FOR ELIGIBLE EMPLOYEES, a single-employer defined-benefit pension plan sponsored by HENRY I. SIEGEL CO. of NEW YORK, NY, was terminated on 2002-03-29 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2002-04-18. At the date of termination the plan had 6,994 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.

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