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RETIREMENT PLAN FOR SALARIED EMPLOYEES OF AMICALE INDUSTRIES, INC.

PBGC Trusteed Plan · Case 20827500

The RETIREMENT PLAN FOR SALARIED EMPLOYEES OF AMICALE INDUSTRIES, INC., a single-employer defined-benefit pension plan sponsored by AMICALE INDUSTRIES, INC. of NEW YORK, NY, was terminated on 2005-03-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2008-09-30. At the date of termination the plan had 60 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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