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GEORGETOWN STEEL CORP. UNION EMPLOYEES' PENSION PLAN

PBGC Trusteed Plan · Case 20112800

The GEORGETOWN STEEL CORP. UNION EMPLOYEES' PENSION PLAN, a single-employer defined-benefit pension plan sponsored by GEORGETOWN STEEL COMPANY LLC of GEORGETOWN, SC, was terminated on 2004-06-18 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-07-01. At the date of termination the plan had 1,102 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
GS INDUSTRIES, INC. EMPLOYEES' PENSION PLAN AND TRUST2004-06-18462

All plans sponsored by EIN 10649167. 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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