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PBGC Trusteed Plan · Case 19887000
The RETIREMENT INCOME PLAN FOR UNION EMPLOYEES OF KIDDER, INC., a single-employer defined-benefit pension plan sponsored by KIDDER, INC. of AGAWAM, MA, was terminated on 2003-02-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-05-01. At the date of termination the plan had 88 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 |
|---|---|---|
| RETIREMENT INCOME PLAN FOR NON-UNION EMPLOYEES OF KIDDER, INC. | 2003-02-28 | 46 |
All plans sponsored by EIN 43286769. Full sponsor profile →
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