Federal Data Hub › PBGC Trusteed Plans · JSON

WASHINGTON WHOLESALE DRUG EXCHANGE INC EE RETIRE

PBGC Trusteed Plan · Case 1985800

The WASHINGTON WHOLESALE DRUG EXCHANGE INC EE RETIRE, a single-employer defined-benefit pension plan sponsored by WASHINGTON WHOLESALE DRUG EXCHANGE INC of WASHINGTON, DC, was terminated on 1977-12-23 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1980-01-11. At the date of termination the plan had 17 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.

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.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.