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WORCESTER GEAR WORKS, INC. BARGAINING EE'S RET PLAN

PBGC Trusteed Plan · Case 20102000

The WORCESTER GEAR WORKS, INC. BARGAINING EE'S RET PLAN, a single-employer defined-benefit pension plan sponsored by WORCESTER GEAR WORKS, INC. of WORCESTER, MA, was terminated on 2003-08-22 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2004-12-08. At the date of termination the plan had 49 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
WORCESTER GEAR WORK, INC. NON-BARGAINING EE'S RET PL2003-08-2223

All plans sponsored by EIN 43063166. 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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