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SPECIAL METALS HOURLY PENSION PLAN

PBGC Trusteed Plan · Case 19745000

The SPECIAL METALS HOURLY PENSION PLAN, a single-employer defined-benefit pension plan sponsored by SPECIAL METALS CORPORATION of HUNTINGTON, WV, was terminated on 2003-10-20 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2003-11-25. At the date of termination the plan had 518 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
SPECIAL METALS CORPORATION SALARIED EMPLOYEES PENSION PLAN2003-10-201,755

All plans sponsored by EIN 251445468. 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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