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RETIREMENT PLAN FOR HOURLY PAID EMPLOYEES OF SPMI

PBGC Trusteed Plan · Case 19667600

The RETIREMENT PLAN FOR HOURLY PAID EMPLOYEES OF SPMI, a single-employer defined-benefit pension plan sponsored by CANRAD INC of CRANFORD, NJ, was terminated on 2002-02-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2003-03-24. At the date of termination the plan had 87 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
PENSION PLAN OF SPMI (MEASUREMENT SYSTEMS DIV)2002-02-2871
SPMI MEASUREMENT SYSTEM DIV PEN. TR.2002-02-2848

All plans sponsored by EIN 222628047. 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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