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PBGC Trusteed Plan · Case 19628800
The LACLEDE STEEL CO. RP FOR HRLY EES, a single-employer defined-benefit pension plan sponsored by LACLEDE STEEL COMPANY of ST. LOUIS, MO, was terminated on 2001-11-21 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2001-11-30. At the date of termination the plan had 600 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 |
|---|---|---|
| LACLEDE HOURLY EMPLOYEES PENSION PLAN | 2001-01-02 | 2,557 |
| LACLEDE SALARIED EMPLOYEES PENSION PLAN | 2001-01-02 | 1,153 |
| LACLEDE RETIREMENT PLAN FOR SALARIED EMPLOYEES OF LACLEDE STEEL COMPANY | 2001-11-21 | 216 |
| LACLEDE SOUTHERN STATES DIV. HOURLY EMPLOYEES PENSION PLAN | 2001-11-21 | 11 |
All plans sponsored by EIN 430368310. Full sponsor profile →
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