Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 19781500
The JACKSON DIVISION HOURLY RATE PENSION PLAN, a single-employer defined-benefit pension plan sponsored by HAYES-ALBION CORP. C/O HARVARD INDUSTRIES INC. of LEBANON, NJ, was terminated on 2002-09-13 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2002-10-15. At the date of termination the plan had 227 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 |
|---|---|---|
| HARVARD INDUSTRIES ALBION DIVISION HOURLY PLAN | 2002-09-13 | 909 |
| HARVARD INDUSTRIES SPENCERVILLE DIVISION HOURLY PENSION PLAN | 2002-09-13 | 472 |
| HARVARD INDUSTRIES BRYAN DIVISION HOURLY RATE EMPLOYEES PENSION PLAN | 2002-09-13 | 297 |
All plans sponsored by EIN 380636070. Full sponsor profile →
License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.