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PELLET SALARIED EMPLOYEES PEN PLAN

PBGC Trusteed Plan · Case 19761300

The PELLET SALARIED EMPLOYEES PEN PLAN, a single-employer defined-benefit pension plan sponsored by NATIONAL STEEL CORPORATION of MISHAWAKA, IN, was terminated on 2002-12-06 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2003-05-31. At the date of termination the plan had 225 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
PELLET HOURLY WAGE EMPLOYEES PEN PL2002-12-061,643

All plans sponsored by EIN 341149614. 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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