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GRANITE CITY STEELWORKERS PEN PLAN

PBGC Trusteed Plan · Case 19837100

The GRANITE CITY STEELWORKERS 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 3,830 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
WEIRTON RETIREMENT PROGRAM2002-12-0611,962
NATIONAL STEEL CORP HOURLY PEN PLAN2002-12-0610,404
NATIONAL STEEL CORP RETIREMENT PROG2002-12-065,728
GRANITE CITY CHEMICAL WORKERS PP2002-12-061,360

All plans sponsored by EIN 250687210. 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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