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CONSUMERS DISTRIBUTING INC EES RET PL

PBGC Trusteed Plan · Case 20306300

The CONSUMERS DISTRIBUTING INC EES RET PL, a single-employer defined-benefit pension plan sponsored by CONSUMERS DISTRIBUTING INC of WASHINGTON, DC, was terminated on 2007-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2008-09-02. At the date of termination the plan had 870 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.

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