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ATLANTIC STEEL COLLECTIVELY BARGAINED PENSION PLAN

PBGC Trusteed Plan · Case 20108100

The ATLANTIC STEEL COLLECTIVELY BARGAINED PENSION PLAN, a single-employer defined-benefit pension plan sponsored by IVACO, INC. of Montreal,Quebec H3Z3B8, CA, was terminated on 2004-08-18 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-02-18. At the date of termination the plan had 1,178 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
ATLANTIC STEEL IND, INC. PP FOR ELIGIBLE EE'S CERTAIN DIVI & AFFILIATES2004-08-18399
ATLANTIC STEEL COMPANY SALARIED EMPLOYEES RETIREMENT PLAN2004-08-18398

All plans sponsored by EIN 980109666. 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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