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LTV STEEL HOURLY PENSION PLAN

PBGC Trusteed Plan · Case 19524000

The LTV STEEL HOURLY PENSION PLAN, a single-employer defined-benefit pension plan sponsored by LTV STEEL COMPANY INC. of CLEVELAND, OH, was terminated on 2002-03-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2002-03-31. At the date of termination the plan had 63,757 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
LTV STEEL SALARY PENSION PLAN2002-03-3113,702
LTV STEEL COMPANY INC1986-09-308,191

All plans sponsored by EIN 340486510. 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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