Federal Data Hub › PBGC Trusteed Plans · JSON

DEFINED PENSION PLAN FOR PEOPLES SETTLEMENT ASSOCIATION

PBGC Trusteed Plan · Case 20591200

The DEFINED PENSION PLAN FOR PEOPLES SETTLEMENT ASSOCIATION, a single-employer defined-benefit pension plan sponsored by PEOPLES SETTLEMENT ASSOCIATION of —, —, was terminated on 2007-04-13 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2007-06-08. 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.

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.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.